| Parameter | Collector Rate (MP 2024-25) | MSP (Central Govt) | |-----------|-----------------------------|--------------------| | | Stamp duty + tax valuation | Procurement price guarantee | | Legality | Mandatory for all private sales | Optional for govt procurement | | Who sets? | District Collector (State) | CACP / Union Cabinet | | Revision frequency | Quarterly / Half-yearly | Twice a year (Kharif & Rabi) | | Enforcement | Revenue Dept & Mandi Board | FCI & NAFED |
Starting April 1, 2024, the Madhya Pradesh government implemented revised guideline rates across various districts. While many areas saw stability, high-growth urban corridors in cities like Bhopal and Indore experienced significant hikes to align with current market values. Collector Rate Mp 2024-25 Pdf
The Collector Rate directly affects your property purchase costs: District Bhopal, Government of Madhya Pradesh | India | Parameter | Collector Rate (MP 2024-25) |