Realty Market Set for a Shift as Circle Rates Set to Rise
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In this press release, our founding member addressed the topic: Realty Market Set for a Shift; Circle Rates to Rise.
Residential plot prices are expected to increase by 8% to 77%, with a significant hike likely in agricultural land rates as well.
Mohit Gawri, Vice President (Sales) at Rise Infraventures, a leading real estate consultancy, commented, ‘’ Aligning circle rates with market values is a necessary move to bring transparency to the system, but such a steep hike may prove to be too aggressive.''
