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Revised Circle Rates pertinent for Gurgaon possessions

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Claimed sources to www.propertykhazana.com said that Gurgaon had increased circle prices and had observed land rates hiking in areas falling below New Residential Zones (NRZ) limits and these zones have developed into housing areas. The new prices will turn up into effect from July 4th and for the occupied areas the authority is allowing to bring a supposed hike in prices of about 10-12%. The progress was decided to hit the growth prospective of NRZs, but realty rates have more or less exposed stabilization for few months in areas that are now developed, said Gurgaon DC Rakesh Gupta at the www.propertykhazana.com. And there was not required to hike the circle prices in the region. Rates of agricultural property accessible in villages which have newly been accepted to be developed into housing area are expecting to increase with 200 - 300%.
Sources revealed at www.propertykhazana.com further makes clear that the areas which are expected to observe a rush in their housing land rates are Sihi Sikandarpur, Dhankot, Wazirpur, Daultabad and in Khirki Daula. Circle prices in Delhi, Sushant Lok and DLF city have trekked by 10% and it is an indication of the sluggish promotion in realty market of overdue. Housing land rates in DLF Qutab Enclave Phase I&II rise from Rs. 15,000 to Rs. 16,500 per Sq.yrd and property rates in Wazirabad, Samaspur, Gurgaon Village, Shahpur, Sikanderpur Ghosi, Nathpur and other villages flared up from Rs. 40-70 Lakhs. Likewise, 20% stamp duty was charged on property in Jaipur National Highway, Sohna Road, Pataudi Raod and Sultanpur Road.
Source: NBTVLIVE

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