Chandigarh, Nov. 21 -- Despite a decline in property transactions, Chandigarh has seen a sharp surge in stamp duty collections over the last six months. Reason: The steep hike in collector rates, implemented in April this year.

Official data shows that stamp duty collections stood at Rs.171 crore between April and October 2025, 30% more than what was recorded during the corresponding period last year ( Rs.130 crore) even as there was a 10% dip in property deals.

As per the UT estate office, Chandigarh recorded 5,949 property transactions in the April-October window this year, compared to 6,005 in 2024 and 6,794 in 2023.

A major factor behind the jump in revenue is the steep revision of collector rates, which were increased by up to 128...