KUPWARA, December 7: Today, Deputy Commissioner (DC) Kupwara, Ayushi Sudan, led a meeting of the District Valuation Committee at the DC Office to assess the proposed stamp duty rates for the upcoming year, 2025.
The DC evaluated the suggestions made by sub-division-level committees and instructed the ADC, ACR, and SDMs to revisit the proposed rates.
This revision will consider current market trends as well as registration data from 2024.
During the meeting, the DC stressed the necessity of following established guidelines for determining rates and directed officers to perform a thorough review.
She requested a categorization of the rate structure based on different areas to ensure a fair and precise finalization of the stamp duty rates for the district. The officers were encouraged to promptly finalize the rates while maintaining transparency and ensuring alignment with market conditions.