Mohali property consultants demand withdrawal of collector rate hike
The association says the jump in collector rates is pricing middle-class and weaker-section buyers out of Mohali.
- Mohali Property Consultants Association submits memorandum to Deputy Commissioner
- Association cites rise from ₹30,000 to ₹45,000 per sq yard in September 2024
- Seeks a freeze during the festival season
- Asks for a reduction in public interest
The Mohali Property Consultants Association has demanded that the increase in collector rates be withdrawn immediately, in a memorandum submitted to the Deputy Commissioner.
Association president Harjinder Singh Dhawan called the hike 'inappropriate'. According to the association, collector rates rose from ₹30,000 to ₹45,000 per square yard in September 2024.
The association said the increase prevents economically weaker and middle-class families from buying property in Mohali. It asked for the hike to be frozen during the festival season and for rates to be reduced.
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