Rajasthan: Land regulation rates increased in 18 cities

Jaipur: The Rajasthan government  has increased the rates of land regulation (approval-regulation) in 18 large and industrial cities with urban bodies. Regulation rates for residential land have been increased up to 25 percent while the rates for commercial land will witness a rise up to 40 percent. The rest of the smaller cities will also see a rise in rates soon. Now the fees for various types of land allocations including RERA’s projects will also be increased.

This decision of the Urban Development and Housing (UDH) department can cause hindrance to Chief Minister’s plans of providing affordable housing to everyone in the state by 2022. Regulation of land and plots of residential colonies will now become expensive. Developers along with public and builder will be charged one and a half times more. UDH has made the new rates for land regulation effective for all urban areas in the state.

The cities that have to implement the changes are Jaipur, Jodhpur, Kota, Ajmer, Udaipur, Bikaner, Alwar, Bharatpur, Bhilwara. Regulation rates for residential land at these places will be either 25 percent or Rs 2000 per square yard, whichever is more. The commercial land rate will be either 25 percent or Rs 6500 per square yard, whichever is more.

The residential land rates for cities that have a population of more than 50 thousand people will be either 25 percent or Rs 1000 per square yard, whichever is more while the same for commercial land will be either 25 percent or Rs 3500 per square yard, whichever is more.

The residential land rates for cities that have a population fewer than 50 thousand people will be either 25 percent or Rs 400 per square yard, whichever is more while the same for commercial land will be either 25 percent or Rs 1500 per square yard, whichever is more.