Delhi government on Monday while announcing the hike said that in south and New Delhi, the new rates will be Rs 5 crore per acre while in north, west, north-west and south-west it will be Rs 3 crore per acre. In central and south-east Delhi, new rates are Rs 2.5 crore per acre while in Shahdara, east and north-east, it is Rs 2.25 crore per acre.