Haryana: Property prices in Gurgaon and other areas to rise as govt increases FAR rates. Here are new rates by plot size
Haryana's department of town and country planning has increased rates for purchasing floor area ratio (FAR) by around 20%, the first hike since 2016. The new rates aim to address rising land demand in cities like Gurgaon. The revenue will support municipal development, but developers warn of higher construction costs impacting homebuyers.