Bhopal, March 20 -- More than 100 claims and objections have been received regarding Bhopal's proposed Collector Guideline rates, with submissions continuing until the deadline on Wednesday evening.
A meeting of the evaluation committee on March 13 proposed an 18% average increase in guideline rates across 1,283 locations in Bhopal.
The new rates and objections will now be sent to the state government for ratification. The new property guideline rates are scheduled to come into effect from April 1.
Public representatives, including MP Alok Sharma, have expressed concerns over the rate increase. Sharma has indicated plans for discussions with fellow representatives.
The local chapter of the Confederation of Real Estate Developers' Associ...