As Gurgaon continues to evolve into one of the most sought-after destinations for real estate investment, understanding the latest circle rates is crucial for both buyers and sellers.
With the Haryana Government’s announcement of a significant hike in circle rates from December 1, 2024, property transactions in the city are expected to undergo substantial changes.
Circle Rates Hiked in Gurugram: Property Registration Costs to Rise by 10-30%
Starting December 1, property registration costs in Gurugram will rise by 10-30% due to an increase in circle rates, announced by Deputy Commissioner Ajay Kumar on November 29. The new rates, effective until March 31, 2025, will apply to residential, agricultural, and commercial land transactions. Luxury areas like Golf Course Road may see a 30% hike.
Also Read: Exploring Home Loan Options in Gurugram
Present Circle Rate in Gurgaon 2025
Below are the present circle rates in Gurgaon for 2025:-
Sector | Circle Rate (INR per sq ft) |
---|---|
Sector 63 | 3,500 |
Sector 62 | 3,500 |
Sector 61 | 3,500 |
Sector 60 | 3,500 |
Sector 59 | 3,500 |
Sector 58 | 3,500 |
Sector 57 | 5,000 |
Sector 56 | 5,000 |
Sector 55 | 5,000 |
Sector 54 | 5,000 |
Sector 53 | 5,000 |
Sector 52 | 5,000 |
Sector 51 | 5,000 |
Sector 50 | 5,000 |
Sector 46 | 5,000 |
Sector 43 | 5,000 |
Sector 41 | 5,000 |
Sector 40 | 5,000 |
Sector 31-32A | 5,000 |
Sector 30 | 5,000 |
Gurgaon Circle Rates for Plots in Licensed Colonies (Per Sq Ft)
Below mentioned are the Gurgaon circle rates for plots in licensed colonies:-
Locality | Circle Rate (INR per sq ft) |
---|---|
Palam Vihar | 6,600 |
DLF Phase II | 7,000 |
License Colonies (Other Sectors) | 2,830 |
Circle Rates for HUDA Plots (Per Sq Yard)
Below are the circle rates for HUDA plots in per sq yard:-
Sector | Circle Rate (INR per sq yard) |
---|---|
Sectors 18, 19, 20 | Not Available |
Sector 25 | Not Available |
Sectors 104, 105, 106, 109, 110, 110A, 111, 112, 113, 114 | 30,000 |
Sectors 21, 22, 22A, 23, 23A | 35,000 |
Sectors 1, 2, 3, 3A, 4, 5, 6, 7, 12, 12A, 13 | 35,000 |
Sector 38 | 40,000 |
Sectors 14, 15, 16, 17, 40 | 45,000 |
Sectors 42, 43 | 50,000 |
Gurgaon Circle Rates for Multi-Story Group Housing (Per Sq Ft)
Below mentioned are the Gurgaon circle rates for multi story group housing in per sq ft:-
Locality | Circle Rate (INR per sq ft) |
---|---|
DLF Colony (Old) | 6,000 |
Sectors 1, 2, 3, 3A, 4, 5, 6, 7, 12, 12A, 13, 14, 15, 16, 17, 21, 22, 22A, 23, 23A, 38, 40, 42, 43 | 5,000 |
Sectors 104-115 | 3,000 |
How to Check Official Circle Rates in Gurgaon for 2025?
To check the official circle rates in Gurgaon for 2025 below mentioned are the steps to follow:-
- Visit the Official District Gurgaon Portal
Go to the official Gurgaon District website: https://gurugram.gov.in/.
Once you’re on the homepage, navigate to the Revenue section. - Access the Circle Rate Link
a. Scroll down the page, and under the Department section, you will find a link labeled “Collectorate Rates“.
b. This link will direct you to the page containing the circle rates for various localities in Gurgaon. - Select the Locality
Click on the link to open the list of circle rates. From here, choose the specific locality you’re interested in, and the respective circle rates will be displayed for that area.
How to Calculate the Property Value for Stamp Duty Payment?
To calculate the property value for stamp duty payment, follow the below mentioned table:-
Property Type | Formula for Calculating Property Value |
---|---|
Apartment or Flat | Carpet Area × Circle Rate (per sq yd) |
Builder Floor on Independent Plots | Carpet Area × Circle Rate (per sq yd) |
Plot | Plot Area (in sq yd) × Circle Rate (per sq yd) |
Builder Floor on Independent Plots (with construction) | Plot Area (in sq yd) × Circle Rate (per sq yd) + Carpet Area (per sq yd) × Minimum Construction Cost (per sq yd) |
Check Out: Stamp Duty Calculator
Factors Affecting the Circle Rates in Gurgaon
The factors affecting the circle rates in Gurgaon are:-
Factors | Impact on Circle Rates |
---|---|
Location | Prime areas like Golf Course Road have higher rates. |
Property Type | Commercial properties have higher rates than others. |
Infrastructure Development | Better metro access and highways increase rates. |
Proximity to Amenities | Nearness to schools and hospitals raises rates. |
Demand & Market Conditions | High demand leads to increased circle rates. |
Size & Layout | Larger, well-located properties cost more. |
Government Policies | Tax or zoning changes impact rates. |
Economic Growth | Strong job opportunities raise rates. |
Land Scarcity | Limited availability in prime areas increases rates. |
Market Comparisons | Adjusted based on recent local property sales. |
Significance of Circle Rates During Property Purchase
- Property Value Benchmark: Sets the minimum price for property transactions.
- Stamp Duty & Registration: Determines buyer costs; higher rates mean higher fees.
- Tax Assessment: Used for property tax evaluation; higher market value than circle rate can increase tax liability.
- Transparency: Standardizes property values, reducing undervaluation and tax evasion.
- Loan Valuation: Guides lenders in appraising property value; lower market value than circle rate may limit loans.
- Government Revenue: Generates revenue via stamp duties and property taxes.
Conclusion
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Frequently Asked Questions
Circle rates are the minimum values set by the government for property transactions in Gurgaon. They determine the price at which properties can be bought or sold.
Circle rates directly influence stamp duty and registration fees. Higher circle rates result in higher registration costs.
Circle rates in Gurgaon are typically revised twice a year, based on market trends and infrastructure developments.
Circle rates may not always reflect the actual market value, as they are set by the government and may lag behind real market prices.
A hike in circle rates increases the overall cost of property registration, making the purchase more expensive for buyers.