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Ranchi: The real estate sector in the state, reeling under a host of problems, including liquidity and sale of properties because of the ongoing pandemic, has appealed to the Jharkhand government to consider slashing the circle rates this year like in Delhi and West Bengal to provide a cushion to both developers and prospective buyers. Circle rate is the minimum price fixed by the state government at which a property needs to be registered after its purchase or upon transfer. Registration of property either happens on the actual value of the property or the circle rate fixed by the government, whichever is higher, after paying the stamp duty and registration charges.

Vijay agarwalHemant sorenWest bengalReal estate developer associationChief minister hemant sorenவிஜய் அகர்வால்ஹேமண்ட் புண்மேற்கு பெங்கல்ரியல் எஸ்டேட் டெவலப்பர் சங்கம்தலைமை அமைச்சர் ஹேமண்ட் புண்