Punjab to decrease Collector Rates by 15 percent : Majithia.
April 18, 2016
To provide a big relief to property buyers in the State , the Punjab Government has decided to decrease collector rates by 15
percent as directed by Chief Minister Mr. Parkash Singh Badal.
Disclosing this , Punjab Revenue Minister Mr. Bikram Singh Majithia said that all the Deputy Commissioners have been directed
to convene a meeting with all stake holders to undertake necessary steps for revising these rates @ 15 percent.
He also asked them to publish new collector rates on official website besides putting on notice boards in Sub-Registrar offices
thereby giving wide publicity. He said that this step was aimed to rejuvenate real estate and housing sectors.