Raipur, The Central Valuation Board of Chhattisgarh has announced major reforms in land and property valuation across the state, effective immediately, aiming to simplify processes, increase transparency, and provide relief to citizens. The decisions were taken following an extensive review of suggestions, objections, and representations regarding the guideline rates implemented from November 20, 2025.

The Board has discontinued the incremental system of land valuation in urban areas and has instead reinstated the slab-based method. Under the revised framework, valuations will be based on slab rates up to 50 decimals in Municipal Corporations, 37.5 decimals in Municipal Councils, and 25 decimals in Nagar Panchayats. This move is intended to make the valuation process simpler and more accessible for the public.

For multi-story buildings, the valuation of flats, shops, and offices will now be based on built-up area rather than super built-up area. To make residential and commercial units more affordable, the Board introduced discounts of 10 per cent on the basement and first floor, and 20 per cent on the second floor and above. Additionally, the guideline rate of plots located more than 20 metres from the main road in commercial complexes will be reduced by 25 per cent.

Significant relief has also been provided for rural and converted land. Previously, Nazul, inhabited, and converted land was valued per square metre; it will now be assessed at hectare rates, aligning its valuation with agricultural land. For instance, in Ward 28 of Raipur, the value of an acre has been dramatically reduced from ₹78 crore to ₹2.4 crore. Furthermore, provisions that added extra value for double-cropped land, irrigated land, ponds, tube wells, trees, or boundary walls have been removed. This offers substantial financial relief and discourages unnecessary tree felling.

In urban areas, the simplification measure has reduced the previous 21 different valuation rates for properties to just two.

The Board has also directed District Valuation Committees to examine all memorandums and objections regarding the recent rate revisions and submit revised proposals by December 31, 2025. These proposals will form the basis for future guideline rates in the state. The reforms are designed to restore confidence in the real estate sector, support balanced urban development, and reduce the financial burden on the public, making property registration and valuation more transparent and citizen-friendly.