Circle Rate in Delhi 2024: Area-Wise Categorization List and Notification

Updated: Jul 29, 2024, 08:00 IST By: Jasmine Khurana

Circle rates in Delhi are available online. For circle rates in Delhi for flats, plots, DDA apartments & private colonies, read the following blog. Know the circle rates Delhi across different categories.

Table of Contents

What is the Circle Rate in Delhi?

Factors Affecting Circle Rate in Delhi

How Circle Rate in Delhi is Different from the Market Rate ?

How do you know the SRO Office to Know Circle Rate in Delhi?

How to Check the Delhi Circle rates?

Category-Wise Classification of Areas for Circle Rates in Delhi

Circle Rates in Delhi 2024 for Residential and Commercial Land

What is the Circle Rate in Delhi for Flats?

Circle Rate in Delhi for Agricultural Land

What is the Age Factor Followed for Circle Rate in Delhi?

What are the Different Multiplying Factors for Calculating the Circle Rate in Delhi?

What is the Circle Rate in Delhi for Plots?

Agricultural Land Circle Rates in Delhi

How to Calculate the Circle Rate in Delhi for Different Property Types

Things to Remember When Calculating Circle Rate in Delhi

How to Evaluate a Property Using Circle Rate in Delhi

Revision of Circle Rates in Delhi

How Rising Circle Rate in Delhi Affects Property Prices

The Bottom Line

Circle rates in Delhi are the base price of the property. It is the price below which you cannot sell a property, be it land, apartment, or commercial property. Circle rate in Delhi can be filed online. For flats, plots, and multi-story apartments in DDA and private colonies, read this blog and learn about the circle rates in New Delhi across different categories.

What is the Circle Rate in Delhi?

The circle rate in Delhi helps the state government set the rates for various localities in the city to check price speculations. The circle rate in Delhi is the minimum property price used to sell a property. The property circle rate in Delhi is usually checked periodically to retain them under the market prices. Prospective buyers should be aware that Delhi property registration and stamping duties are focused on the higher declared value of the property and price as determined by the circle rate applicable in the Delhi region or market.

Also read: Delhi RERA - online property registration

Factors Affecting Circle Rate in Delhi

The circle rate in Delhi varies for different regions based on variables such as:

Market Value: The market value of a property is one factor that the government considers when evaluating the circle rates for a specific piece of property in Delhi. Usually, a property's market value is higher than its circle rate.
Usage: The usage of the property is another factor that affects its circle rates. Properties being used for commercial purposes have higher circle rates in comparison to the ones being used for residential purposes.
Amenities/Facilities: The facilities and amenities available at the property may increase or decrease its circle rates. Properties with advanced amenities, such as a jogging track, guest accommodation, swimming pool, etc., usually have higher circle rates.
Location of the Property: The location also plays a critical role in determining the circle rates in Delhi. The circle rate for a property in an average locality is lower than that in a posh area.
Type of Construction: Property type also affects circle rates in Delhi. The circle rate for a government property is usually lower than the one constructed by a private real estate developer.

Depending on these variables, the areas are classified into eight groups, from A to H. At the same time, the areas with the highest values and posh facilities fall under category A. However, the areas with the lowest value fall under category H.

Also Read: DDA Housing Scheme 2024

How Circle Rate in Delhi is Different from the Market Rate ?

As mentioned, the government defines circle rates in Delhi. On the other hand, market rates are calculated based on various factors, such as the facilities and amenities available in a given locality. Here are a few pointers to help you differentiate circle rates in Delhi from market rates.

Property Registration: Property registration can be done only on circle rates in Delhi. On the other hand, property owners can ask for market rates when selling their properties.
Stamp Duty Calculation: Like property registration, the stamp duty charges are also calculated based on the circle rates in Delhi.
Revision: Circle rates in Delhi are revised less frequently than market rates. Circle rates cannot be revised more than twice a year. In contrast, market rates fluctuate multiple times depending upon the market condition and demand-supply ratio of the given location.

How do you know the SRO Office to Know Circle Rate in Delhi?

Here is a step-by-step guide to calculate the SRO office to Know Circle Rate in Delhi:-

Step 1: Visit the https://esearch.delhigovt.nic.in/Search_dict_detail.aspx.

Step 2: Once on the website, click on Find SR Office. Now, enter the locality and visual code

Step 3: The list of Sub Registrar's offices will be displayed on the screen

How to Check the Delhi Circle rates?

To check the circle rates in Delhi, you must follow the below-mentioned steps-

Step 1: Go to the link https://revenue.delhi.gov.in/.

Step 2: Go to the Notice Board option on the homepage.

Step 3: Click on Previous Notification.

Step 4: To check the updated Delhi Circle rate, click on 2014, and a list of notifications will open.

Step 5: Click on Notification - Revised Circle Rates in Delhi with effect from 23-09-2014.

Category-Wise Classification of Areas for Circle Rates in Delhi

The different localities of Delhi are classified from category A to H to decide upon the circle rate of property in Delhi.

Localities	Categories
Friends Colony (East & West), Kalindi Colony, Maharani Bagh, Golf Links, Lodi Road Industrial Area, Nehru Place, Panchshila Park, Shanti Niketan, Vasant Vihar, New Friends Colony, Rajendra Place, Sunder Nagar, Anand Niketan, Bhikaji Cama Place, Basant Lok DDA Complex, Friends Colony	Category A
Sarvapriya Vihar, Anand Lok, Defence Colony, Sarvodaya Enclave, Andrews Ganj, Greater Kailash (I, II, III and IV), Green Park, Hamdard Nagar, Maurice Nagar, Neeti Bagh, Nizamuddin East, Panchsheel Park, Gulmohar Park, Hauz Khas, Munrika Vihar, Nehru Enclave, Pamposh Enclave, Safdarjung Enclave	Category B
Alaknanda, Civil Lines, East Patel Nagar, Kailash Hill, Chittaranjan Park, East of Kailash, Jhandewalan Area, Kalkaji, Malviya Nagar, Lajpat Nagar (I, II, III and IV), Munirka, Punjabi Bagh, Vasant Kunj, Masjid Moth, Nizamuddin West, Som Vihar, Panchsheel Extension.	Category C
Jasola Vihar, Kirti Nagar, Rajinder Nagar (New & Old), Karol Bagh, Mayur Vihar, Rajouri Garden, Daryaganj, East End Apartments, Hudson Lane, Janakpuri, Jangpura Extension, Anand Vihar, Dwarka, Gagan Vihar, Indraprastha Extension, Jangpura A	Category D
Chandni Chowk, Gagan Vihar Extension, Jama Masjid, Khirki Extension, Mahavir Nagar, Pahar Ganj, Rohini, East End Enclave, Hauz Qazi, Kashmere Gate, Madhuban Enclave, Moti Nagar, Pandav Nagar, Sarai Rihilla	Category E
Majnu Ka Tila, Nand Nagri, Zakir Nagar Okhla, Arjun Nagar, Dilshad Colony, BR Ambedkar Colony, Govindpuri, Jangpura B, Mukherjee Park Extension, Uttam Nagar, Anand Prabhat, Daya Basti, Dilshad Garden, Ganesh Nagar, Hari Nagar, Madhu Vihar	Category F
Ambedkar Nagar Jahangirpuri, Amber Vihar, Dakshinpuri, Hari Nagar Extension, Tagore Garden, Ambedkar Nagar East Delhi, Dabri Extension, Dashrath Puri, Vivek Vihar Phase I	Category G
Sultanpur Majra	Category H

Delhi Master Plan and Land Pooling Decoded (The Property Show - S01E23)

Circle Rates in Delhi 2024 for Residential and Commercial Land

The table below showcases the circle rates in Delhi for residential and commercial properties:

Area	Category	Land cost (per sq m)	Construction cost: Residential (per sq m)	Construction cost: Commercial (per sq m)
Friends Colony East	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Friends Colony West	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Golf Links	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Kalindi Colony	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Lodi Road Industrial Area	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Maharani Bagh	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Nehru Place	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
New Friends Colony	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Panchshila Park	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Rajendra Place	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Shanti Niketan	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Sunder Nagar	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Vasant Vihar	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Anand Niketan	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Basant Lok DDA Complex	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Bhikaji Cama Place	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Friends Colony	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Sarvapriya Vihar	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Sarvodaya Enclave	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Anand Lok	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Andrews Ganj	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Defence Colony	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Greater Kailash 1	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Greater Kailash 2	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Greater Kailash 3	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Greater Kailash 4	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Green Park	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Gulmohar Park	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Hamdard Nagar	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Hauz Khas	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Maurice Nagar	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Munirka Vihar	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Neeti Bagh	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Nehru Enclave	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Nizamuddin East	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Pamposh Enclave	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Panchsheel Park	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Safdarjang Enclave	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Alaknanda	C	Rs 1.6 lakh	Rs 13,920	Rs 15,960
Chittaranjan Park	C	Rs 1.6 lakh	Rs 13,921	Rs 15,961
Civil Lines	C	Rs 1.6 lakh	Rs 13,922	Rs 15,962
East of Kailash	C	Rs 1.6 lakh	Rs 13,923	Rs 15,963
East Patel Nagar	C	Rs 1.6 lakh	Rs 13,924	Rs 15,964
Jhandewalan Area	C	Rs 1.6 lakh	Rs 13,925	Rs 15,965
Kailash Hill	C	Rs 1.6 lakh	Rs 13,926	Rs 15,966
Kalkaji	C	Rs 1.6 lakh	Rs 13,927	Rs 15,967
Lajpat Nagar 1	C	Rs 1.6 lakh	Rs 13,928	Rs 15,968
Lajpat Nagar 2	C	Rs 1.6 lakh	Rs 13,929	Rs 15,969
Lajpat Nagar 3	C	Rs 1.6 lakh	Rs 13,930	Rs 15,970
Lajpat Nagar 4	C	Rs 1.6 lakh	Rs 13,931	Rs 15,971
Malviya Nagar	C	Rs 1.6 lakh	Rs 13,932	Rs 15,972
Masjid Moth	C	Rs 1.6 lakh	Rs 13,933	Rs 15,973
Munirka	C	Rs 1.6 lakh	Rs 13,934	Rs 15,974
Nizamuddin West	C	Rs 1.6 lakh	Rs 13,935	Rs 15,975
Panchsheel Extension	C	Rs 1.6 lakh	Rs 13,936	Rs 15,976
Punjabi Bagh	C	Rs 1.6 lakh	Rs 13,937	Rs 15,977
Som Vihar	C	Rs 1.6 lakh	Rs 13,938	Rs 15,978
Vasant Kunj	C	Rs 1.6 lakh	Rs 13,939	Rs 15,979
Jasola Vihar	D	Rs 1.28 lakh	Rs 11,160	Rs 12,840
Karol Bagh	D	Rs 1.28 lakh	Rs 11,161	Rs 12,841
Kirti Nagar	D	Rs 1.28 lakh	Rs 11,162	Rs 12,842
Mayur Vihar	D	Rs 1.28 lakh	Rs 11,163	Rs 12,843
New Rajinder Nagar	D	Rs 1.28 lakh	Rs 11,164	Rs 12,844
Old Rajinder Nagar	D	Rs 1.28 lakh	Rs 11,165	Rs 12,845
Rajouri Garden	D	Rs 1.28 lakh	Rs 11,166	Rs 12,846
Anand Vihar	D	Rs 1.28 lakh	Rs 11,167	Rs 12,847
Daryaganj	D	Rs 1.28 lakh	Rs 11,168	Rs 12,848
Dwarka	D	Rs 1.28 lakh	Rs 11,169	Rs 12,849
East End Apartments	D	Rs 1.28 lakh	Rs 11,170	Rs 12,850
Gagan Vihar	D	Rs 1.28 lakh	Rs 11,171	Rs 12,851
Hudson Line	D	Rs 1.28 lakh	Rs 11,172	Rs 12,852
Indraprastha Extension	D	Rs 1.28 lakh	Rs 11,173	Rs 12,853
Janakpuri	D	Rs 1.28 lakh	Rs 11,174	Rs 12,854
Jangpura A	D	Rs 1.28 lakh	Rs 11,175	Rs 12,855
Jangpura Extension	D	Rs 1.28 lakh	Rs 11,176	Rs 12,856
Chandni Chowk	E	Rs 70,080	Rs 9,360	Rs 10,800
East End Enclave	E	Rs 70,081	Rs 9,361	Rs 10,801
Gagan Vihar Extension	E	Rs 70,082	Rs 9,362	Rs 10,802
Hauz Qazi	E	Rs 70,083	Rs 9,363	Rs 10,803
Jama Masjid	E	Rs 70,084	Rs 9,364	Rs 10,804
Kashmere Gate	E	Rs 70,085	Rs 9,365	Rs 10,805
Khirki Extension	E	Rs 70,086	Rs 9,366	Rs 10,806
Madhuban Enclave	E	Rs 70,087	Rs 9,367	Rs 10,807
Mahavir Nagar	E	Rs 70,088	Rs 9,368	Rs 10,808
Moti Nagar	E	Rs 70,089	Rs 9,369	Rs 10,809
Pahar Ganj	E	Rs 70,090	Rs 9,370	Rs 10,810
Pandav Nagar	E	Rs 70,091	Rs 9,371	Rs 10,811
Rohini	E	Rs 70,092	Rs 9,372	Rs 10,812
Sarai Rohilla	E	Rs 70,093	Rs 9,373	Rs 10,813
Majnu Ka Tila	F	Rs 56,640	Rs 8,220	Rs 9,480
Mukheree Park Extension	F	Rs 56,641	Rs 8,221	Rs 9,481
Nand Nagri	F	Rs 56,642	Rs 8,222	Rs 9,482
Uttam Nagar	F	Rs 56,643	Rs 8,223	Rs 9,483
Zakir Nagar Okhla	F	Rs 56,644	Rs 8,224	Rs 9,484
Anand Parbat	F	Rs 56,645	Rs 8,225	Rs 9,485
Arjun Nagar	F	Rs 56,646	Rs 8,226	Rs 9,486
Daya Basti	F	Rs 56,647	Rs 8,227	Rs 9,487
Dilshad Colony	F	Rs 56,648	Rs 8,228	Rs 9,488
Dilshad Garden	F	Rs 56,649	Rs 8,229	Rs 9,489
BR Ambedkar Colony	F	Rs 56,650	Rs 8,230	Rs 9,490
Ganesh Nagar	F	Rs 56,651	Rs 8,231	Rs 9,491
Govindpuri	F	Rs 56,652	Rs 8,232	Rs 9,492
Hari Nagar	F	Rs 56,653	Rs 8,233	Rs 9,493
Jangpura B	F	Rs 56,654	Rs 8,234	Rs 9,494
Madhu Vihar	F	Rs 56,655	Rs 8,235	Rs 9,495
Ambedkar Nagar Jahangirpuri	G	Rs 46,200	Rs 6,960	Rs 8,040
Ambedkar Nagar East Delhi	G	Rs 46,201	Rs 6,961	Rs 8,041
Amber Vihar	G	Rs 46,202	Rs 6,962	Rs 8,042
Dabri Extension	G	Rs 46,203	Rs 6,963	Rs 8,043
Dakshinpuri	G	Rs 46,204	Rs 6,964	Rs 8,044
Dashrath Puri	G	Rs 46,205	Rs 6,965	Rs 8,045
Hari Nagar Extension	G	Rs 46,206	Rs 6,966	Rs 8,046
Vivek Vihar Phase I	G	Rs 46,207	Rs 6,967	Rs 8,047
Tagore Garden	G	Rs 46,208	Rs 6,968	Rs 8,048
Sultanpur Majra	H	Rs 23,280	Rs 3,480	Rs 3,960
Samaypur Badli	H	Rs 23,280	Rs 3,480	Rs 3,960
Mukund Pur	H	Rs 23,280	Rs 3,480	Rs 3,960
Burari	H	Rs 23,280	Rs 3,480	Rs 3,960
Timar Pur	H	Rs 23,280	Rs 3,480	Rs 3,960
Inderpuri	H	Rs 23,280	Rs 3,480	Rs 3,960
Sarup Nagar	H	Rs 23,280	Rs 3,480	Rs 3,960
Kanjhawala	H	Rs 23,280	Rs 3,480	Rs 3,960

What is the Circle Rate in Delhi for Flats?

The circle rate in Delhi for flats differs based on the type of flat. The following table will highlight the circle rate in Delhi.

Area	DDA, society flats (per sq metre)	Private builder flats (per sq metre)	Multiplying factors for private colonies
Up to 30 sq metres	Rs 50,400	Rs 55,400	1.1
30-50 sq metres	Rs 54,480	Rs 62,652	1.15
50-100 sq metres	Rs 66,240	Rs 79,488	1.2
More than 100 sq metres	Rs 76,200	Rs 95,250	1.25
Multi-storey apartment	Rs 87,840	Rs 1.1 lakhs	1.25

Circle Rate in Delhi for Agricultural Land

Circle rate in Delhi for agricultural land is as follows:-

District	Green belt villages (in Rs crore per acre)	Urbanised villages (in Rs crore per acre)	Rural villages (in Rs crore per acre)
South	5	5	5
North	3	3	3
West	3	3	3
North-west	3	3	3
South-west	3	4	3
New Delhi	5	5	5
Central	NA	2.5	2.5
South-east	NA	4	2.5
Shahdara	2.3	2.3	2.3
North-east	NA	2.3	2.3
East	NA	2.3	2.3

What is the Age Factor Followed for Circle Rate in Delhi?

The age factor followed for calculating the circle rate in Delhi is as follows:

Factor	Pre-1960	1960-69	1970-79	1980-89	1990-2000	2000 Onwards
Rate	0.5	0.6	0.7	0.8	0.9	1

What are the Different Multiplying Factors for Calculating the Circle Rate in Delhi?

The multiplying factor which helps in calculating the circle rate in Delhi for different types of structure is as follows:

Structure	Multiplying Factor
Pucca	1
Semi-Pucca	0.75
Kaccha	0.5

What is the Circle Rate in Delhi for Plots?

The New Delhi Municipal Corporation (NDMC) administrative area comprises residential plots in the A to H categories. Below is the circle rate for all residential plot categories in Delhi.

Categories	Cost of Construction per Square Meter (Rupees)	Minimum rates for valuation of land for residential use (Per Square Meter in Rupees)
A	21,960	7,74,000
B	17,400	2,46,000
C	13,920	1,60,000
D	11,160	1,28,000
E	9,360	70,080
F	8,220	56,640
G	6,960	46,200
H	3,480	23,280

Agricultural Land Circle Rates in Delhi

Delhi Chief Minister Arvind Kejriwal has recently approved the hike in circle rates in Delhi for agricultural land. The revenue department shared the proposal to hike the circle rates for land near Yamuna Barrage.

For agricultural land, the circle rate was flat at Rs 53 Lakhs per acre of land. However, based on their locations, the tariffs have been increased. Presently, agricultural land is categorised under heads such as green belt villages, urbanised villages, and rural villages.

The new circle rates for the agricultural land based on their location are as follows:

Location of Agriculture Land	New Circle Rates (per acre)
South Delhi and New Delhi	Rs 5 Crores
North, West, Northwest and Southwest Delhi	Rs 3 Crores
Central and Southeast Delhi	Rs 2.5 Crores
Shahadra, Northeast, East Delhi	Rs 2.25 Crores

The rates for urbanised villages in Southwest Delhi are Rs 4 Crores. The rates for remaining rural and urbanised villages will remain the same. These circle rates were last updated in 2008, more than ten years ago.

How to Calculate the Circle Rate in Delhi for Different Property Types

Find below the circle rate calculation formulas to calculate the Delhi circle rate for different types of properties.

Independent Plots: To calculate the Delhi circle rate of an independent plot, you need to multiply the plot area by the applicable circle rate amount (per square mtr) based on the locality.
Builder Floors: To calculate the Delhi circle rate of a builder floor, multiply the total built-up area by the minimum construction cost of the property. Once done, multiply the product with the age factor applicable to the property.
DDA/Society Flats: To calculate the Delhi circle rate of DDA or society flats,, multiply the total built-up area by the minimum construction cost of the property. Then, multiply the product by the age factor applicable to the property.
Multi-Storey Apartments: To calculate the Delhi circle rate of a multi-storey apartment, multiply the total built-up area by the property's applicable Delhi circle rate.
Residential Houses: To calculate the Delhi circle rate of a built-up residential flat, multiply the total built-up area by the minimum construction cost of the property. Once done, multiply the product by the age factor applicable to the property.

Things to Remember When Calculating Circle Rate in Delhi

At the time of calculating the circle rate in Delhi, you need to follow the below-mentioned guidelines:

In some cases, circle Rates in Delhi may be higher than the Market Rates.
Ensure you provide the correct property-related details to get the right Circle Rate in Delhi.
Circle Rates in Delhi are calculated based on the colonies and societies' categories (A to H).
The quality of construction, facilities, and amenities available in a specific area also impacts its circle rate in Delhi.
The circle rate varies depending on the property's use. Rates for residential use are lower than for commercial purposes.
Consider the form of property, whether it is an apartment, an independent house, or a parcel of land.
An 'age multiplier' achieves property valuation and sets the circle rate accordingly. Now, look at the age factor that affects Delhi property circle prices.

How to Evaluate a Property Using Circle Rate in Delhi

The value of a property is calculated based on its circle rate in Delhi. Here is how you can evaluate your property with the help of its circle rate.

Step 1: Gather property-related details. You may need to provide details like the plot area, built-up area, floors, building age, amenities, etc.

Step 2: Select the property type depending on its use. The property types include residential, commercial, and agricultural.

Step 3: Find the property's location information. You may need to provide your property's village, district, or tehsil to calculate its value.

Step 4: Calculate the property value by multiplying the built-up area by the circle rate in Delhi for the property's location.

Revision of Circle Rates in Delhi

The Delhi State Government plans to revise the circle rates for residential and commercial properties in the city.

In August 2023, the Revenue Department submitted a proposal to create sub-categories within the current categories A to H for residential areas. But the Finance Department returned it with objections and suggestions.

The authorities are now revisiting the proposal based on the feedback they have received. They are reconsidering the proposed 35% hike in Delhi Circle rates after receiving input from stakeholders who suggested upgrading or downgrading certain colonies.

The minimum rates for residential areas were last increased in 2014.
In early August, the circle rates for agricultural property went up from Rs 53 lakh per acre to Rs 2 to 5 crore per area.
The Dharmaranjan Committee established the circle rates in Delhi in 2024. The committee divided the city into eight categories.
However, there were complaints that wealthy colonies were listed within lower categories, resulting in lower circle rates and that some colonies in categories A and B were not affluent.
Therefore, sub-categorisation was proposed, raising the number of total categories from eight to 24.

With the revision in circle rates, property prices in Delhi may increase. If you plan to purchase a property in Delhi, verify the locality category, property type, and age to determine its per sq m rate.

How Rising Circle Rate in Delhi Affects Property Prices

Circle rates directly impact the market rates of properties in Delhi. Buyers need to register their properties and pay stamp duty charges calculated based on the circle rate in Delhi. The stamp duty and registration charges are additional to the market price that property owners ask for in exchange for their properties. Hence, an increase in the circle rate in Delhi increases the amount of stamp duty charges and surges the property's overall value. So, whenever the circle rate in Delhi rises, property prices rise automatically as per the quantum of increase.

The Bottom Line

Lastly, the circle rate in Delhi is the base amount below which the plot, apartment or commercial property will not be sold. The circle rate in Delhi is always high in the case of commercial property as compared to residential flats. For calculating the circle rate in Delhi, the localities in Delhi have been segregated under categories from A to H where the A category has the highest circle rates and has a list of posh areas of Delhi under it. At the same time, the H category has the lowest circle rates in Delhi. In addition, other than the area category, several factors are considered while calculating the circle rate in Delhi, such as building age factor, multiplying factors, etc.

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Frequently asked questions

What is a circle rate in Delhi ?

The minimum or the lowest price at which the sale of the property apartment, flat or land can happen is the circle rate in Delhi.
How do you find a circle rate in Delhi ?

To calculate the circle rate in Delhi, you need to know things such as area, type of land, and the multiplier of the building or land.
When did circle rates in Delhi start ?

The registration first circle rate in Delhi started in the year 2007.
What is the current circle rate in Delhi for agricultural land ?

Recently, there was a hike in land prices in Delhi. As per the current prices, the agricultural land is somewhere between Rupees 2.25 Crore to 5 Crore.
Can I buy a property less than the circle rate in Delhi?

Ideally, buying a property below the circle rate in Delhi is not possible.
What is the current stamp duty based on circle rate in Delhi ?

The stamp duty rate in Delhi is somewhere between 4 to 6%. With the reduction in the circle rate in Delhi, the overall value of stamp duty has also declined.
Can you sell property under market value in Delhi?

Yes, it is possible for a seller to sell a property below the market value. However, the circle rate in Delhi is the base price below which the property cannot be sold.
How circle rate in Delhi is different from the market rate?

Circle rates in Delhi are evaluated by the government and the properties in Delhi can only be registered on the same. On the other hand, the market rate is a value that a sellers can ask for in exchange for their properties when selling them in the open market.
Do I need to calculate stamp duty charges on circle rates in Delhi?

Yes, you need to calculate and pay the stamp duty and registration charges based on circle rates in Delhi.
How can I calculate the value of my property using circle rates in Delhi?

You can calculate the value of your property by multiplying the built-up area by the circle rate in Delhi for that specific locality.
When was the circle rate in Delhi revised the last time?

The circle rate in Delhi was revised in July 2022 and has been in practice since then.
How do I find the circle rates in my area

To check the circle rates in Delhi, visit the website of the Department of Stamps and Registration and locate the circle rates of your property.
Does the location of the property affect its circle rate in Delhi

Yes. The location of the property also plays a critical role in determining the circle rates in Delhi. The circle rate for a property located in an average locality is lower that the one located in a posh area.
Does the type of construction of the property affect its circle rate in Delhi

Yes. The type of the property is also one of the factors affecting circle rates in Delhi. The circle rate for a government property is usually lower than the one constructed by a private real estate developer.
Are five floors allowed in Delhi

As per the recent norms, five floors are now allowed in Delhi.
What are the flat registry charges in Delhi?

The flat registry charges in Delhi for 30 to 50 sq. m and 50 to 100 sq. m is Rs 62,652 and Rs 79,488, respectively, for private builder floors.
Why are property rates high in Delhi?

Since 2022, there has been a sharp increase in property rates in Delhi. The increase in property rates is due to the higher input costs and increasing demand for homes.
Is the Delhi Govt planning to hike circle rates by 30% in posh localities?

In the year 2022, the government of Delhi increased the circle rates by 30% in certain posh areas. At the same time, they also reduced the prices in a few other areas.
Which factors are considered while deciding the circle rate in Delhi ?

Some of the factors that help determine the circle rate in Delhi are the market value of the property, its usage (commercial or residential), the amenities available, the location of the property, and the type of construction (old or new).
How much is the circle rate for flats ?

The circle rate in Delhi for flats varies. The rates are different for DDA society flats and private builder flats, and they also differ according to the size of the flat.
Will the removal of indexation impact the circle rate in Delhi?

The removal of indexation will not affect the circle rate in Delhi, but it will lead to unfair deals in the real estate market.
How do you calculate the property value using the circle rate in Delhi?

To calculate the property value using the circle rate in Delhi, know the property's built-up area, plot area, construction age, floors, amenities, type of property, and locality, and know the minimum assessment figure.

Disclaimer: Magicbricks aims to provide accurate and updated information to its readers. However, the information provided is a mix of industry reports, online articles, and in-house Magicbricks data. Since information may change with time, we are striving to keep our data updated. In the meantime, we suggest not to depend on this data solely and verify any critical details independently. Under no circumstances will Magicbricks Realty Services be held liable and responsible towards any party incurring damage or loss of any kind incurred as a result of the use of information.

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