Chandigarh, March 4 -- Planning to buy property in Chandigarh? Prepare to shell out more as the Chandigarh administration has proposed a 20% to 70% hike in collector rates across residential, commercial and agricultural categories.

Collector rate is the minimum value below which a property cannot be registered. Stamp duty and registration charges are calculated on this rate, meaning any increase directly raises the cost of property transactions.

The revised rates will come into effect from April 1.

This comes just a year after the UT had implemented a steep hike in collector rates in 2025 - fourfold rise for residential properties in villages, 130% hike in Sectors 1 to 12, 96% in Sectors 14 to 37, 80% in Sectors 38 and beyond.

The dec...