What a Golf Links transaction actually looks like
Property in Golf Links is valued for registration on the Category A circle rate of ₹7,74,000 per square metre of land, with minimum construction at ₹21,960 per square metre. Duty is charged on the higher of the deal value and the circle value, and in Golf Links the deal value is always higher.
Duty is paid on the full deal value, because in Golf Links the price is several times the circle value. Most of Delhi is under the MCD, where our stamp duty and registration guide gives the all-in cost as 8% in a man’s name, 6% in a woman’s name and 7% joint (stamp duty plus MCD transfer duty, plus 1% registration). Golf Links is in the NDMC area, where the same page shows lower total stamps: 5.5% for a man, 3.5% for a woman and 4.5% for a joint (man and woman) deed. Add the 1% registration fee and the all-in cost is about 6.5% for a man, 4.5% for a woman and 5.5% joint. For reference, reported Golf Links deeds record ₹9.3 crore of duty on ₹155 crore, ₹7 crore on ₹100 crore and ₹5.7 crore on ₹115 crore bought by a woman; some reports include corporation tax, so treat them as indicative. Sources differ on NDMC rates, so confirm the levy with the sub-registrar, and remember the buyer deducts 1% TDS against the seller’s PAN (more if the seller is a non-resident).
If the house is on a lease from the Land and Development Office, budget separately for the lessor’s permission and any conversion to freehold. Banks lend against Golf Links houses, but at modest loan-to-value, and most buyers fund largely from equity. How a home loan works on a South Delhi property → · Circle rate vs market rate → · Run your own numbers →