Delhi Chief Minister Arvind Kejriwal has approved a hike in circle rates of agricultural land and land near the Yamuna river to a maximum of Rs 5 crore per acre, Revenue Minister Atishi said on Monday.
Delhi Govt Approves Hike In Circle Rates Of Agricultural Land
The minister said the new circle rates of farm land in South and New Delhi will be Rs 5 crore per acre.
Atishi Marlena takes charge
Atishi Marlena takes charge
The notification for the hike in circle rates, fixed district wise, will be issued after the approval of Lieutenant Governor V K Saxena, she said.
The minister said the new circle rates of farm land in South and New Delhi will be Rs 5 crore per acre. It will be Rs 3 crore per acre in North Delhi and South West Delhi districts and Rs 2 crore per acre in Central Delhi, she said.
The circle rate of farmers' land in Delhi was Rs 53 lakh per acre since 2008.
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