Average 3% to 11% drop in Land Betterment Charge for residential, non-landed use
A significant reduction of 3% to 11% in Land Betterment Charges (LBC) for residential, non-landed usage has been observed. The decrease is expected to relieve financial burdens on property owners while stimulating the housing market. This move comes as a respite amidst ongoing economic challenges, offering opportunities for prospective buyers and promoting economic growth in the real estate sector.