Haryana Govt denies reports of 130% collector rate hike

The state government has categorically dismissed rumours circulating through various platforms regarding a purported 130 per cent increase in collector rates. The government has clarified that these claims are devoid of any factual basis.

An official spokesman said that the revision of collector rates is a routine annual exercise carried out transparently and in alignment with prevailing market prices. This revision is guided by a data-driven and rational methodology, which analyses the top 50 per cent of property registrations in each segment specifically where the transaction value exceeds the prevailing collector rate.

“Based on this formula, the collector rates have been revised accordingly. In areas where the transaction value exceeds the prevailing collector rate by 0 per cent to 35 per cent, a moderate increase of 10 per cent has been implemented. Similarly, where the transaction value exceeds the collector rate by 35 per cent to 70 per cent, the increase has been set at 15 per cent; for 70 per cent to 100 per cent, the increase is 20 per cent; for 101 per cent to 150 per cent, it is 30 per cent; for 151 per cent to 200 per cent, the increase is 40 per cent; and in cases where the transaction value exceeds the collector rate by more than 200 per cent, a maximum increase of 50 per cent has been implemented,” he added.

The spokesman further maintained that a total of 2,46,812 collector rate segments across Haryana have been revised, with increases applied according to their respective transaction value slots.

He informed that 1,77,731 segments, accounting for 72.01 per cent of the total, fall within the 0 to 35 per cent transaction value slot, where a 10 per cent increase has been implemented. Similarly, 19,966 segments (8.09 per cent) fall within the 35 to 70 per cent slot, where a 15 per cent increase has been applied.

“In 10,985 segments (4.45 per cent) where the transaction value exceeds the collector rate by 70 to 100 per cent, a 20 per cent increase has been implemented. Likewise, 11,078 segments (4.49 per cent) fall in the 100 to 150 per cent slot, where the increase is 30 per cent; 6,393 segments (2.59 per cent) fall in the 150 to 200 per cent range, where a 40 per cent increase has been applied; and 20,659 segments, accounting for 8.37 per cent of the total, fall in the category where the transaction value exceeds the collector rate by more than 200 per cent and here a maximum increase of 50 per cent has been implemented,” the spokesman added.

He reiterated that nowhere has the rate been increased by more than 50 per cent. In fact, in many areas, the revision has been limited to just 10 per cent or 15 per cent. Moreover, even after these adjustments, collector rates in most places remain significantly lower than the prevailing market rates.