Circle rates in Delhi are the minimum prices the government sets for real estate transactions in various areas of the city.
These rates are crucial for determining property values, as they influence stamp duty and other taxes associated with property transactions.
How do you check circle rates in Delhi online?
Time needed: 2 minutes
Easy steps to check circle rates online in Delhi:
- Navigate to the official website:
Visit the official website of the Delhi government’s revenue department.
- On the homepage, click on the “Notice Board” and select “Previous Notifications”.
- Look for the year 2014, as it was the last time circle rates were revised in Delhi.
- Download the revised circle rate document to view the updated rates for all localities in Delhi.
Example Download Format of Circle Rates in Delhi – https://revenue.delhi.gov.in/sites/default/files/revenue/revised_circle-rate-english0001.pdf
Delhi Circle Rate for Flats
Circle rates for flats in Delhi vary by size, type, and location, influencing the minimum transaction value.
| Area | DDA/Society Flats (per sqm) | Private Builder Flats (per sqm) | Multiplying Factor for Private Colonies |
|---|---|---|---|
| Up to 30 sqm | Rs 50,400 | Rs 55,400 | 1.1 |
| 30-50 sqm | Rs 54,480 | Rs 62,652 | 1.15 |
| 50-100 sqm | Rs 66,240 | Rs 79,488 | 1.2 |
| Over 100 sqm | Rs 76,200 | Rs 95,250 | 1.25 |
| Multi-storey Flats | Rs 87,840 | Rs 1.1 lakh | 1.25 |
Delhi Circle Rate for Residential and Commercial Plots in 2024
Circle rates for plots in Delhi are categorized based on property type and location, reflecting construction costs and land value.
| Category | Land Cost (per sqm) | Residential Construction Cost (per sqm) | Commercial Construction Cost (per sqm) |
|---|---|---|---|
| A | Rs 7.74 lakh | Rs 25,200 | Rs 25,200 |
| B | Rs 2.46 lakh | Rs 17,400 | Rs 19,920 |
| C | Rs 1.6 lakh | Rs 13,920 | Rs 15,960 |
| D | Rs 1.28 lakh | Rs 11,160 | Rs 12,840 |
| E | Rs 70,080 | Rs 9,360 | Rs 10,800 |
| F | Rs 56,640 | Rs 8,220 | Rs 9,480 |
| G | Rs 46,200 | Rs 6,960 | Rs 8,040 |
| H | Rs 23,280 | Rs 3,480 | Rs 3,960 |
Delhi Circle Rate for Agricultural Land in 2024
Agricultural land rates in Delhi depend on district classification, with rates for green belt, urbanized, and rural villages.
| District | Green Belt Villages (Rs crore/acre) | Urbanized Villages (Rs crore/acre) | Rural Villages (Rs crore/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 |
Delhi Circle Rate for Land in Colonies
Circle rates for land vary widely across Delhi’s colonies, influenced by locality and infrastructure.
| Area | Land Cost (per sqm) | Construction Cost (per sqm) |
|---|---|---|
| Lodi Road Industrial Area | Rs 7.74 lakh | Rs 21,960 |
| Maharani Bagh | Rs 7.74 lakh | Rs 21,960 |
| Nehru Place | Rs 7.74 lakh | Rs 21,960 |
| Anand Lok | Rs 2.46 lakh | Rs 17,400 |
| Defence Colony | Rs 2.46 lakh | Rs 17,400 |
| Greater Kailash | Rs 2.46 lakh | Rs 17,400 |
| Civil Lines | Rs 1.6 lakh | Rs 13,920 |
| Vasant Kunj | Rs 1.6 lakh | Rs 13,920 |
| Chandni Chowk | Rs 70,080 | Rs 9,360 |
| Zakir Nagar Okhla | Rs 56,640 | Rs 8,220 |
| Ambedkar Nagar | Rs 46,200 | Rs 6,960 |
| Sultanpur Majra | Rs 23,280 | Rs 3,480 |
Factors Influencing Circle Rates in Delhi
- Market Value: Higher market value increases circle rates.
- Amenities: Advanced facilities like pools or tracks raise rates.
- Property Type: Commercial properties have higher rates than residential.
- Location: Prime areas command higher rates.
- Property Age: Newer properties attract higher rates.
- Construction: Quality impacts circle rates.
Also Read: Factors influencing your ideal property budget.
Age Factor and Circle Rates in Delhi
Circle rates in Delhi are adjusted based on the property’s construction year. Older properties have lower rates compared to newer ones.
| Year of Construction | Rate Multiplier |
|---|---|
| Pre-1960 | 0.5 |
| 1960-69 | 0.6 |
| 1970-79 | 0.7 |
| 1980-89 | 0.8 |
| 1990-1999 | 0.9 |
| 2000 onwards | 1.0 |
Note: This adjustment reflects depreciation over time, with newer properties maintaining full circle rate values.
Colonies in Delhi by Category
| Category A | Category B | Category C | Category D | Category E | Category F | Category G | Category H |
|---|---|---|---|---|---|---|---|
| Friends Colony East | Sarvapriya Vihar | Alaknanda | Jasola Vihar | Chandni Chowk | Majnu Ka Tila | Ambedkar Nagar Jahangirpuri | Sultanpur Majra |
| Friends Colony West | Sarvodaya Enclave | Chittaranjan Park | Karol Bagh | East End Enclave | Mukheree Park Extension | Ambedkar Nagar East Delhi | |
| Golf Links | Anand Lok | Civil Lines | Kirti Nagar | Gagan Vihar Extension | Nand Nagri | Amber Vihar | |
| Kalindi Colony | Andrews Ganj | East of Kailash | Mayur Vihar | Hauz Qazi | Uttam Nagar | Dabri Extension | |
| Lodi Road Industrial Area | Defence Colony | East Patel Nagar | New Rajinder Nagar | Jama Masjid | Zakir Nagar Okhla | Dakshinpuri | |
| Maharani Bagh | Greater Kailash-I | Jhandewalan Area | Old Rajinder Nagar | Kashmere Gate | Anand Parbat | Dashrath Puri | |
| Nehru Place | Greater Kailash-II | Kailash Hill | Rajouri Garden | Khirki Extension | Arjun Nagar | Hari Nagar Extension | |
| New Friends Colony | Greater Kailash-III | Kalkaji | Anand Vihar | Madhuban Enclave | Daya Basti | Vivek Vihar Phase-I | |
| Panchshila Park | Greater Kailash-IV | Lajpat Nagar-I | Daryaganj | Mahavir Nagar | Dilshad Colony | Tagore Garden | |
| Rajendra Place | Green Park | Lajpat Nagar-II | Dwarka | Moti Nagar | Dilshad Garden | ||
| Shanti Niketan | Gulmohar Park | Lajpat Nagar-III | East End Apartments | Pahar Ganj | BR Ambedkar Colony | ||
| Sunder Nagar | Hamdard Nagar | Lajpat Nagar-IV | Gagan Vihar | Pandav Nagar | Ganesh Nagar | ||
| Vasant Vihar | Hauz Khas | Malviya Nagar | Hudson Line | Rohini | Govindpuri | ||
| Anand Niketan | Maurice Nagar | Masjid Moth | Indraprastha Extension | Sarai Rohilla | Hari Nagar | ||
| Basant Lok DDA Complex | Munirka Vihar | Munirka | Janakpuri | Jangpura B | |||
| Bhikaji Cama Place | Neeti Bagh | Nizamuddin West | Jangpura A | Madhu Vihar | |||
| Friends Colony | Nehru Enclave | Panchsheel Extension | Jangpura Extension | ||||
| Nizamuddin East | Punjabi Bagh | ||||||
| Pamposh Enclave | Som Vihar | ||||||
| Panchsheel Park | Vasant Kunj | ||||||
| Safdarjang Enclave |
How to Calculate Property Value in Delhi Using Circle Rates?
Understanding the various factors that influence a property’s worth can provide invaluable insights into market trends and inform investment decisions. Here are some easy steps to get started:
- Note down details like the plot area, built-up area, number of floors, building age, and available amenities.
- Determine whether the property is residential, commercial, or agricultural.
- Identify the exact location, including the village, district, or tehsil, as it impacts the applicable circle rate.
- Multiply the built-up area by the circle rate for the locality.
Therefore,
Property Value = Built-up area (in sq. meters) × Circle rate (in Rs per sq. meter)
Also Read: Circle rates in Gurgaon.
Multiplying Factors for Calculating Circle Rates in Delhi
Circle rates in Delhi are adjusted based on the property structure type. The three main categories are:
| Type | Description | Multiplier |
|---|---|---|
| Pucca Structures | Fully constructed using durable materials like bricks and cement. | 1.0 |
| Semi-Pucca Structures | Partially constructed with some durable materials. | 0.75 |
| Kaccha Structures | Built with less durable materials like mud or thatch. | 0.5 |
Conclusion
Anyone involved in property transactions, whether they buy, sell, or invest, must understand circle rates in Delhi, as it is essential.
These government-determined rates ensure transparency, regulate property values, and impact taxes, stamp duties, and loan approvals.
By knowing the factors influencing circle rates—such as property type, location, and structure—you can make informed decisions and calculate the minimum property value accurately.
Frequently Asked Questions [FAQs]
The Delhi government sets circle rates to determine the minimum value at which properties can be registered.
Stamp duty and registration fees, which are calculated based on these rates, directly influence property investments.
Higher circle rates can increase transaction costs, potentially deterring buyers and impacting overall investment returns.
In Delhi, circle rates differ between residential and commercial properties, with commercial properties typically attracting higher rates due to their income-generating potential and higher demand.
For instance, in Category A areas, the land cost per square meter is ₹7.74 lakh for both residential and commercial plots, but the construction cost per square meter is ₹21,960 for residential and ₹25,200 for commercial properties.
Circle rates in Delhi are not updated annually; the last comprehensive revision occurred in 2014.
However, recent adjustments, such as the increase in circle rates for agricultural land in August 2023, indicate that updates are periodically made based on market conditions and government policies.
Several factors influence circle rates across different areas in Delhi, including:
– Location
– Property Type
– Age of Property
– Market Value
– Amenities
To check the latest circle rates for your specific locality in Delhi, you can visit the Delhi government’s Revenue Department website.
Navigate to the ‘Notice Board’ section and select ‘Previous Notifications’ to find the relevant circle rate information.
Additionally, various real estate websites provide updated circle rate information categorized by area and property type.
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