Circle Rate in Delhi - Area-Wise Categorization List and Notification

The circle rates in Delhi serve as the fundamental price for properties, establishing the minimum value at which a property, whether it be land, an apartment, or commercial space, cannot be sold. Filing for circle rates in Delhi can be done through online channels. To gain insights into circle rates in New Delhi for various categories such as flats, plots, and multi-story apartments in both DDA and private colonies, refer to this blog for detailed information.

What is the Circle Rate in Delhi? 

In Delhi, the circle rate plays a crucial role as it enables the state government to establish rates for different localities, acting as a measure to curb price speculations. Serving as the minimum property price for transactions, the circle rate in Delhi undergoes periodic reviews to ensure alignment with market values. It's important for potential buyers to note that property registration and stamp duties in Delhi are calculated based on the higher declared value, considering the property price as determined by the applicable circle rate in the region or market.

Factors Affecting Circle Rate in Delhi

The circle rate in Delhi varies for different regions based on variables such as:

• Market Value: The market value of a property is one factor that the government considers when evaluating the circle rates for a specific piece of property in Delhi. Usually, a property's market value is higher than its circle rate.
• Usage: The usage of the property is another factor that affects its circle rates. Properties being used for commercial purposes have higher circle rates in comparison to the ones being used for residential purposes.
• Amenities/Facilities:The facilities and amenities available at the property may increase or decrease its circle rates. Properties with advanced amenities, such as a jogging track, guest accommodation, swimming pool, etc., usually have higher circle rates.
• Location of the Property:The location also plays a critical role in determining the circle rates in Delhi. The circle rate for a property in an average locality is lower than that in a posh area.
• Type of Construction:Property type also affects circle rates in Delhi. The circle rate for a government property is usually lower than the one constructed by a private real estate developer.

Depending on these variables, the areas are classified into eight groups, from A to H. At the same time, the areas with the highest values and posh facilities fall under category A. However, the areas with the lowest value fall under category H.

How Circle Rate in Delhi is Different from the Market Rate

As mentioned, the government defines circle rates in Delhi. On the other hand, market rates are calculated based on various factors, such as the facilities and amenities available in a given locality. Here are a few pointers to help you differentiate circle rates in Delhi from market rates.

• Property Registration:Property registration can be done only on circle rates in Delhi. On the other hand, property owners can ask for market rates when selling their properties.
• Stamp Duty Calculation:Like property registration, the stamp duty charges are also calculated based on the circle rates in Delhi.
• Revision: Circle rates in Delhi are revised less frequently than market rates. Circle rates cannot be revised more than twice a year. In contrast, market rates fluctuate multiple times depending upon the market condition and demand-supply ratio of the given location.

How to Calculate the Circle Rate in Delhi?

Find below the steps to calculate the Circle Rate in Delhi.

Step 1: Visiting the Delhi Online Registration Information System website.

Step 2: Once on the website, select your respective Sub-Registrar, Locality, Deed Name, and Sub-Deed Name.

Step 3: Next, the site asks for a few other details related to the property, such as property type, sub-property type, consideration amount, and gender of the party. You need to provide these details.

Step 4: Based on this information, the portal calculates the circle rate in Delhi for the area.

Category-Wise Classification of Areas for Circle Rates in Delhi

The different localities of Delhi are classified from category A to H to decide upon the circle rate of property in Delhi.

 Circle Rates in Delhi 2023 for Residential and Commercial Land

The table below showcases the circle rates in Delhi for residential and commercial properties:

What is the Circle Rate in Delhi for Flats?

The circle rate in Delhi for flats differs based on the type of flat. The following table will highlight the circle rate in Delhi. 

Circle Rate in Delhi for Agricultural Land

Circle rate in Delhi for agricultural land is as follows:-

What is the Age Factor Followed for Circle Rate in Delhi?

The age factor followed for calculating the circle rate in Delhi is as follows:

What are the Different Multiplying Factors for Calculating the Circle Rate in Delhi?

The multiplying factor which helps in calculating the circle rate in Delhi for different types of structure is as follows:

What is the Circle Rate in Delhi for Plots?

The New Delhi Municipal Corporation (NDMC) administrative area comprises residential plots in the A to H categories. Below is the circle rate for all residential plot categories in Delhi.

The rates for urbanised villages in Southwest Delhi are Rs 4 Crores. The rates for remaining rural and urbanised villages will remain the same. These circle rates were last updated in 2008, more than ten years ago.

How to Calculate the Circle Rate in Delhi for Different Property Types

Find below the circle rate calculation formulas to calculate the Delhi circle rate for different types of properties.

• Independent Plots:To calculate the Delhi circle rate of an independent plot, you need to multiply the plot area by the applicable circle rate amount (per square mtr) based on the locality.
• Builder Floors:To calculate the Delhi circle rate of a builder floor, multiply the total built-up area by the minimum construction cost of the property. Once done, multiply the product with the age factor applicable to the property.
• DDA/Society Flats:To calculate the Delhi circle rate of DDA or society flats,, multiply the total built-up area by the minimum construction cost of the property. Then, multiply the product by the age factor applicable to the property.
• Multi-Storey Apartments:To calculate the Delhi circle rate of a multi-storey apartment, multiply the total built-up area by the property's applicable Delhi circle rate.
• Residential Houses: To calculate the Delhi circle rate of a built-up residential flat, multiply the total built-up area by the minimum construction cost of the property. Once done, multiply the product by the age factor applicable to the property

Things to Remember When Calculating Circle Rate in Delhi

At the time of calculating the circle rate in Delhi, you need to follow the below-mentioned guidelines:

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