There is good news for people thinking of buying property in Delhi. The Kejriwal government has reduced the circle rates of residential, commercial and industrial properties by 20%.
The Delhi government on Friday cut the circle rates of residential property, commercial property by 20 percent in all areas, making it much cheaper for people to buy homes in the national capital. The decision was taken at a cabinet meeting chaired by Chief Minister Arvind Kejriwal.
Please tell that Kejriwala government will continue this relief for the next 6 months. The reduction in circle rate will continue till 30 September 2021.
On this, Delhi CM Arvind Kejriwal said that we are now slowly recovering from the economic loss during the era of COVID. It is the duty of our government to take all steps to further reduce the financial burden on the common man. Deputy Chief Minister Manish Sisodia said that this decision will provide a big relief to those wishing to buy the property and this will give a big boost to the real estate sector.
At the same time, Revenue Minister Kailash Gehlot said that the decision to reduce the circle rate by 20 percent will encourage more and more people to invest in real estate and remove the stability in real estate. Revenue Minister Kailash Gehlot said that we are facing difficult times. As an accountable government, it is our duty to give maximum encouragement to the people of Delhi to bring the economy back on track.
One more important news that could not be missed
The government is considering reinstating the tourist visa once again. Although initially, it will be in a limited way. It can be decided soon. The civil aviation and home ministry are deciding on the tourist visa. Initially, citizens of some countries will be given a tourist visa. Tourist visas can be reinstated in a phased manner.