Aara Circle Rates Soar: Land Purchases to Become Significantly More Expensive

• Circle rates in Aara city and surrounding areas in Bhojpur district are set to increase by 100% or more.
• The administration is revising the Minimum Value Register (MVR) after 13 years, impacting stamp duty and registration costs.
• Highest increases expected in urban areas, main road properties, and rapidly developing localities; rural areas will see a comparatively lower hike.
• Mouzas like Pakariyabar, Bompli, Jamira, Kayamnagar, Godna, Piparhiya, Gothula-Bhusoula, Tetariya, Udwantnagar, Kasap, and Kalyanpur could see 100-200% rate hikes.
• The revision aims to increase government revenue, reflect actual market values, and curb under-reporting of property prices.