Hindustan Times-UP govt to do away with circle rate discrepancies
In a first, the Uttar Pradesh government is set to introduce standard guidelines to address discrepancies in property circle rates fixed and revised by district magistrates (DMs) from time to time across all 75 districts.
The move aims to bring uniformity and transparency to the process, which has often been criticised for inconsistencies hampering investment in the state and depriving many farmers and other sellers of a fair value of their property.
The guidelines would also pave way for revising circle rates in districts where rates have remained stagnant for two years or more. This revision will align the rates with prevailing market values, ensuring fairer assessments of property values in both urban and rural areas, said officials.
