Current Circle Rates of the Real Estate Properties in Delhi : Updated Always

As notified by the Government of Delhi, with effect from September 23, 2014 the new circle rates of real estate properties in Delhi based on the colonies categorization are:

– A CATEGORY –

Rs
0
Per Sq M

– B CATEGORY –

Rs
0
Per Sq M

– C CATEGORY –

Rs
0
Per Sq M

– D CATEGORY –

Rs
0
Per Sq M

– E CATEGORY –

Rs
0
Per Sq M

– F CATEGORY –

Rs
0
Per Sq M

– G CATEGORY –

Rs
0
Per Sq M

– H CATEGORY –

Rs
0
Per Sq M

From December 05, 2012 to September 22, 2014, the circle rates of real estate properties in Delhi were:

Category A Colonies – Rs. 645,000 Per Square Meter
Category B Colonies – Rs. 204,600 Per Square Meter
Category C Colonies – Rs. 133,224 Per Square Meter
Category D Colonies – Rs. 106,384 Per Square Meter
Category E Colonies – Rs. 58,365 Per Square Meter
Category F Colonies – Rs. 47,140 Per Square Meter
Category G Colonies – Rs. 38,442 Per Square Meter
Category H Colonies – Rs. 19,361 Per Square Meter

From November 16, 2011 to December 04, 2012, the circle rates of real estate properties in Delhi were:

Category A Colonies – Rs. 215,000 Per Square Meter
Category B Colonies – Rs. 136,400 Per Square Meter
Category C Colonies – Rs. 109,200 Per Square Meter
Category D Colonies – Rs. 87,200 Per Square Meter
Category E Colonies – Rs. 47,840 Per Square Meter
Category F Colonies – Rs. 38,640 Per Square Meter
Category G Colonies – Rs. 31,510 Per Square Meter
Category H Colonies – Rs. 15,870 Per Square Meter

From February 08, 2011 to November 15, 2011, the circle rates of real estate properties in Delhi were:

Category A Colonies – Rs. 86,000 Per Square Meter
Category B Colonies – Rs. 68,200 Per Square Meter
Category C Colonies – Rs. 54,600 Per Square Meter
Category D Colonies – Rs. 43,600 Per Square Meter
Category E Colonies – Rs. 36,800 Per Square Meter
Category F Colonies – Rs. 32,200 Per Square Meter
Category G Colonies – Rs. 27,400 Per Square Meter
Category H Colonies – Rs. 13,800 Per Square Meter

From July 18, 2007 to February 07, 2011, the circle rates of real estate properties in Delhi were:

Category A Colonies – Rs. 43,000 Per Square Meter
Category B Colonies – Rs. 34,100 Per Square Meter
Category C Colonies – Rs. 27,300 Per Square Meter
Category D Colonies – Rs. 21,800 Per Square Meter
Category E Colonies – Rs. 18,400 Per Square Meter
Category F Colonies – Rs. 16,100 Per Square Meter
Category G Colonies – Rs. 13,700 Per Square Meter
Category H Colonies – Rs. 6,900 Per Square Meter

The Present Circle Rates of the Residential Properties in Eight Categories of Colonies in Delhi

New Delhi (Delhi, India), January 15, 2016

The Government of Delhi has introduced the new circle rates in eight categories of colonies in Delhi with effect from Tuesday, September 23, 2014.

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.

Categories of Colonies

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

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

Alaknanda
Chittaranjan Park
Civil Lines
East of Kailash
East Patel Nagar
Jhandewalan Area
Kailash Hill
Kalkaji
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

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

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
Rohini
Sarai Rihilla

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

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

Sultanpur Majra

+ A Category Colonies

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

+ B Category Colonies

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

+ C Category Colonies

Alaknanda
Chittaranjan Park
Civil Lines
East of Kailash
East Patel Nagar
Jhandewalan Area
Kailash Hill
Kalkaji
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

+ D Category Colonies

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

+ E Category Colonies

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
Rohini
Sarai Rihilla

+ F Category Colonies

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

+ G Category Colonies

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

+ H Category Colonies

Sultanpur Majra

Definition of Circle Rates of Properties in Delhi ?

A circle rate is the minimum rate for valuation of a plot, independent house, or 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 a particular area are finalized considering the available infrastructure and other parameters. The Delhi government’s decision of significant increase in circle rates for all colonies across the city may result in rise in property prices. Usually, the properties in Delhi are registered at the circle rates. Therefore, the stamp duty and registration fee, which is calculated as a percentage of the registered price of a property, will increase now.

Only the demand and supply of a property in that area drive the actual market price. Circle rate of a property is just a pointer of property prices. Nevertheless, buyers of properties will now find it unproblematic to raise higher home loans, as banks or mortgagers typically use circle rates as a gauge of the property prices in Delhi.

The reason for the notification for a specific circle rate in a given area was to simplify the assessment of stamp duty and bring in transparency and efficiency in the property registration process in Delhi and to earn additional revenue.

Delhi Government Increases the Circle Rates of Real Estate Properties Manifold :

The Government of Delhi has increased the circle rates for sale and purchase of the real estate properties in Delhi. The Delhi government cabinet in-principle took the decision to increase the property circle rates in its meeting held on November 21, 2012.

Delhi Chief Minister Sheila Dikshit chaired the Cabinet Meeting. Mrs. Sheila Dikshit told reporters after the meeting, “In order to mitigate the black money circulation in property transactions in Delhi, the existing circle rates have been increased. We have decided to double the circle rates depending on the categories of colonies”.

The new circle rates of the residential properties in Delhi will come into effect after the gazette notification and will provide a new valuation benchmark for charging the applicable stamp duty for registrations of the real estate transactions.

The Delhi Government will issue the gazette notification for the revised circle rates after seeking the approval of the Lieutenant Governor of Delhi. The revised circle rates will come into effect within one week after a necessary notification is issued to implement the hike.

This move of increasing the circle rates for the real estate properties in Delhi will help the government earn more revenue from the registration fee of the properties. The revision in the circle rates will assist in controlling the prevailing undervaluation of properties in Delhi.

The Cabinet Meeting also decided to maintain the earlier marked categories on which the circle rates were charged.

In view of current market rates in Delhi and in other NCR towns being higher, it was necessary to rationalize the existing circle rates for the properties in Delhi. The governments in neighboring states of Haryana and Uttar Pradesh have increased the circle rates of Gurgaon and Noida properties recently.

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