Revised collector rates in Haryana spark backlash
With an eye on additional revenue generation of Rs 5,000 crore through stamp duty, the revenue and disaster management department reportedly revised the collector rates – increase varying from 30% in the low potential areas to over 150% in the high and hyper potential areas of the NCR and Panchkula.
According to information, the rates were revised for the second time in a year. The revision came in line with the revision of levies on building material like sand, gravel, and steel, which further impacted the cost of construction.
"It's nothing but the poor fiscal management of the successive chief ministers since 2014 that is to be blamed. Now, during the current tenure, the financial resources are draining out, and the common man is burdened to cover up the losses. This revision of collector rates appears to be an attempt to cover up the losses suffered by the govt on account of anticipated revenue loss due to various auctions of liquor vends," claimed Rajya Sabha MP and senior Congress leader Randeep Singh Surjewala.
In the last eight months, the rates have been revised for the second time, that too without holding any survey, discussion with the stakeholders, and without any justification, said Surjewala.
The builders and developers fear that the increase in collector rates would bring market activities to a standstill as it would force buyers to look for alternatives.
"Firstly, there is hardly any land available in high and hyper zones of the NCR and Panchkula.
Whatever land is available will become out of reach for commoners or small developers or builders. In such a case, people shall opt for unauthorised colonies. Hence, the govt should roll back the collector rates with immediate effect," said a developer.
A property dealer claimed that the govt did not call for objections or give appropriate time for implementation of revised rates. "The buyers who have made financial arrangements in accordance with old rates are in a fix, as the govt has not given any window for them as well.
In most cases, deals mature within one to three months," said a property dealer.
On Saturday, the govt admitted some increase but clarified that it was almost negligible and there could be some places where the increase was to the effect of 25%.
The govt also justified the revision due to the consistent demand of farmers who sought a revision of collector rates for the purpose of compensation for land acquisition.
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