Rajpur, 08 December 2025/After a thorough review of the suggestions, notifications, and proposals received regarding the revision of guideline rates in the state, a meeting of the Central Valuation Board was convened. In the meeting, several important decisions were taken taking into account the state’s urban development, real‑estate sector, and the convenience of ordinary citizens, and these decisions have come into effect immediately.
It was decided that the current system of incremental calculation for parcels up to 1,400 square metres in urban areas would be abolished. The previous provisions will again come into force, under which evaluation will be carried out at slab rates of up to 50 decimals for municipal corporation areas, 37.5 decimals for municipal councils, and 25 decimals for nagar panchayats. This change will simplify the evaluation process and increase transparency.
The provision to calculate market value based on super built‑up area for transfers of flats, shops, and offices in multi‑storey buildings has also been removed. Evaluation will now be based on built‑up area. This provision had been in force since the time of the Madhya Pradesh government, and there has long been a demand to change it. The new provision will speed up vertical development and ensure more efficient use of urban land.
The central board has also introduced new provisions for discounts in the evaluation of multi‑storey buildings and commercial complexes. Evaluation will now be done with a 10 percent discount on the basement and first floor, and a 20 percent discount on the second floor and above. This decision will help the middle class obtain flats and commercial space at affordable rates.
For properties located more than 20 metres away in commercial complexes, the parcel rates will be evaluated at a 25 percent discount. The 20‑metre distance will be assessed from the part constructed towards the main road, making the valuation more fair based on actual conditions.
The Central Valuation Board has also instructed district valuation committees to examine the objections, notifications, and suggestions received after the recent increase in rates and to send proposals for revising the guideline rates by 31 December. The board will analyze these proposals and make a final decision on the forthcoming guideline rates.
All these decisions have been declared effective immediately, giving new direction to efforts to provide stability, transparency, and affordable housing in the state’s real‑estate sector.
