Panchkula district administration proposes up to 50% hike in collector rates

The Panchkula district administration has proposed a revision in collector (circle) rates, with substantial hikes across residential, industrial and commercial categories. If approved, the new rates would come into effect from August 1 this year, aligning with the prevailing market values.

As per the draft, residential sectors in Panchkula city are set to see a collector rate hike of up to 50%. For instance, in Sectors like 4, 5, 6 (MDC) and 6 to 11, rates could jump from Rs 66,000 per sq m to Rs 99,000 per sq m. In Sectors 10 and 11, the rates may increase from Rs 60,000 per sq m to Rs 90,000 per sq m — a 50% rise.

The collector rates in the industrial sector are also set for a significant increase. In some zones, these are proposed to rise from Rs 26,450 sq m to Rs 39,675 per sq m — again marking a 50% hike. Other areas are likely to see an increase of 10% to 20%.

For commercial properties, including booths and SCOs in the MDC and Sectors 7–9, the proposed rise is equally sharp. The increase in the collector rates would reach up to 50%, depending on the location and type of plot.

The revision in collector rates extends beyond urban Panchkula to outlying areas like Pinjore. For residential areas within the Municipal Committee limits, the rates are proposed to rise from Rs 4,20,000 per biswa to Rs 5,46,000 per biswa, a hike of 30%. For commercial units in the same region, the rates would go from Rs 7,20,000 per biswa to Rs 10,80,000 per biswa, marking a 50% increase.

In Sector 2 of Pinjore, collector rates of residential areas are set to rise from Rs 1,331 per sq yd to Rs 1,464.10 per sq yd. Similarly, a 10% increase is proposed for educational institutions, clinics and hospitals, from Rs 15,400 per sq yd to Rs 16,940 per sq yd. The rates in several other localities are also set to increase by 10%.

Officials say these hikes are intended to reflect the area’s growing real estate value, especially along the Kalka–Shimla highway and in locations with new infrastructure projects. The authorities claim the revised rates will bring transparency and improve revenue collection.