What Is Circle Rate ?

A circle rate is the minimum rate for valuation of a plot, independent house or a flat in a particular area or locality. The circle rate differs for various categories of colonies. The state revenue ministry decides the circle rates for the real estate properties in Delhi. The circle rates for sale and purchase of properties in particular area are finalized considering the available infrastructure and other parameters. Only the demand and supply of property in that area drives the actual market price. Circle rate of a property is just a pointer of property prices.

The Government of Delhi has introduced the new circle rates in eight categories of colonies in Delhi with effect from December 05, 2012.

The Delhi government had first introduced the circle rates for the real estate properties in Delhi in July 2007. These rates were notified under the provisions of Delhi Stamp (Prevention of Undervaluation of Instruments) Rules, 2007 on July 18, 2007.

At present, there are eight categories of colonies in the Delhi — A, B, C, D, E, F, G, and H based on the Municipal Corporation of Delhi (MCD) categorization. The circle rates vary depending on the category of a colony or residential area in Delhi.

The Delhi government charges stamp duty for registering a residential property based on the prevailing circle rates of that colony or area.

Only the demand and supply of property in that area drives the actual market price. Circle rate of a property is just a pointer of property prices.

The 8 Categories of Residential Colonies in Delhi

Category A

Anand Niketan
Basant Lok DDA Complex
Bhikaji Cama Place
Friends Colony
Friends Colony East
Friends Colony West
Golf Links
Kalindi Colony
Lodi Road Industrial Area
Maharani Bagh
Nehru Place
New Friends Colony
Panchshila Park
Rajendra Place
Shanti Niketan
Sunder Nagar
Vasant Vihar

Category B

Anand Lok
Andrews Ganj
Defence Colony
Greater Kailash-I
Greater Kailash-II
Greater Kailash-III
Greater Kailash-IV
Green Park
Gulmohar Park
Hamdard Nagar
Hauz Khas
Maurice Nagar
Munirka Vihar
Neeti Bagh
Nehru Enclave
Nizamuddin East
Pamposh Enclave
Panchsheel Park
Safdarjang Enclave
Sarvapriya Vihar
Sarvodaya Enclave

Category C

Chittaranjan Park
Civil Lines
East of Kailash
East Patel Nagar
Jhandewalan Area
Kailash Hill
Lajpat Nagar-I
Lajpat Nagar-II
Lajpat Nagar-III
Lajpat Nagar-IV
Malviya Nagar
Masjid Moth DDA Flats
Munirka DDA Flats
Nizamuddin West
Panchsheel Extension
Punjabi Bagh
Som Vihar
Vasant Kunj

Category D

Anand Vihar
East End Apartments
Gagan Vihar
Hudson Line
Indraprastha Extension
Jangpura Extension
Jasola Vihar
Karol Bagh
Kirti Nagar
Mayur Vihar
New Rajinder Nagar
Old Rajinder Nagar
Rajouri Garden

Category E

Chandni Chowk
East End Enclave
Gagan Vihar Extension
Hauz Qazi
Jama Masjid
Kashmere Gate
Khirki Extension
Madhuban Enclave
Mahavir Nagar
Moti Nagar
Pahar Ganj
Pandav Nagar
Sarai Rihilla

Category F

Anand Parbat
Arjun Nagar
Daya Basti
Dilshad Colony
Dishad Garden
BR Amdedkar Colony
Ganesh Nagar
Hari Nagar
Madhu Vihar
Majnu Ka Tila
Mukheree Park Extension
Nand Nagri
Uttam Nagar
Zakir Nagar (Okhla)

Category G

Ambedkar Nagar (Jahangirpuri)
Amdedkar Nagar (East Delhi)
Amber Vihar
Dabri Extension
Dashrath Puri
Hari Nagar Extension
Vivek Vihar Phase-I
Tagore Garden

Category H

Sultanpur Majra

Present Circle Rates of Properties In Delhi

As notified by the Government of Delhi, with effect from December 05, 2012 the new circle rates of real estate properties in Delhi based on the colonies categorization are:

Category A colonies Rs. 6,45,000 Per Square Meter
Category B colonies Rs. 2,04,600 Per Square Meter
Category C colonies Rs. 1,31,040 Per Square Meter
Category D colonies Rs. 106,384 Per Square Meter
Category E colonies Rs. 58,316 Per Square Meter
Category F colonies Rs. 47,141 Per Square Meter
Category G colonies Rs. 37,820 Per Square Meter
Category H colonies Rs. 19,361 Per square Meter