Table of Content
- What Are Circle Rates in Madhya Pradesh?
- Circle Rates for Residential Floors in Madhya Pradesh
- Factors Affecting Circle Rates in Madhya Pradesh
- How Market Rates Differ from Circle Rates in Madhya Pradesh
- Circle Rates in Major Cities of Madhya Pradesh
- How to Check Circle Rate in Madhya Pradesh (Online Method)
- How to Find Circle Rates in Madhya Pradesh Offline
- Contact Information for Circle Rate Queries
- Payable Transfer Fees and Stamp Duty in Madhya Pradesh
- Application for Property Transfer Permission
- Key Takeaways on Madhya Pradesh Circle Rate
- Conclusion
The Madhya Pradesh circle rate plays a vital role in every property transaction across the state. Whether you’re buying, selling, or registering real estate, knowing these government-determined rates ensures transparency, accurate valuation, and full legal compliance during registration.
Also known as the guideline value or ready reckoner rate, the Madhya Pradesh circle rate represents the minimum property value fixed by the state for sales or transfers in a particular area. It directly impacts stamp duty, registration fees, and overall property tax calculation.
In 2025, as Madhya Pradesh’s property market continues to expand rapidly in key cities such as Bhopal, Indore, and Ujjain, staying updated with the latest Madhya Pradesh circle rate helps buyers and investors make informed, profitable, and compliant real estate decisions.
What Are Circle Rates in Madhya Pradesh?
A circle rate is the minimum price below which a property cannot be legally registered.
It ensures that property transactions reflect true market values and prevent tax evasion.
In Madhya Pradesh, these rates are decided by the Revenue Department and revised periodically to match current market conditions. The rates differ across districts, cities, and localities based on property type and location.
Key Highlights:
- Set by the MP government’s Revenue Department.
- Updated annually or biannually.
- Used to calculate stamp duty and registration charges.
- Different for residential, commercial, and agricultural properties.
Also Read: Top 8 Posh Localities in Bhopal: Where Luxury Meets Livability
Circle Rates for Residential Floors in Madhya Pradesh
Residential properties, whether apartments or independent houses, have distinct circle rates.
These depend on floor size, locality, construction quality, and available amenities.
Understanding these rates helps buyers and sellers estimate accurate property values and avoid under- or over-pricing.
Factors Affecting Circle Rates in Madhya Pradesh
Circle rates vary widely due to several economic and geographical factors:
- Location: Urban and developed areas have higher rates than rural zones.
- Property Type: Residential, commercial, and agricultural properties are rated differently.
- Infrastructure Development: Better roads, schools, and hospitals raise land value.
- Land Use: Residential and industrial zones have different valuations.
- Market Value: Market prices often exceed circle rates.
- Amenities: Transport, parks, and shopping areas increase property value.
- Government Policies: Policy updates or tax reforms can change circle rates.
How Market Rates Differ from Circle Rates in Madhya Pradesh
|
Aspect |
Circle Rate |
Market Rate |
|
Definition |
Government-set minimum rate for registration |
Actual transaction value between buyer and seller |
|
Revision |
Periodically revised by the Revenue Department |
Changes daily based on demand & supply |
|
Purpose |
Calculate stamp duty and registration fees |
Determine the property’s selling price |
|
Value |
Usually lower than the market rate |
Usually higher, especially in high-demand areas |
Property registration in MP must be done at whichever is higher, the circle rate or the market rate.
Circle Rates in Major Cities of Madhya Pradesh
Below are the latest indicative Madhya Pradesh circle rate details for the top cities:
Circle Rates in Bhopal
|
Locality |
Plot Rate (per sq.m approx.) |
Building Rate (per sq.m approx.) |
|
Pink City Berasia |
₹1,500 |
₹14,500 |
|
Basai (Main Road) |
₹2,000 |
₹12,000 |
|
Ibrahim Ganj (Main Road) |
₹20,000 |
₹33,000 |
|
Bawadiya Kalan Avam Anya Colony |
₹44,000 |
₹57,000 |
|
Chinar Dream City |
₹13,000 |
₹26,000 |
|
Aura Mall |
₹40,000 |
₹53,000 |
|
Gulmohar 01 |
₹44,000 |
₹57,000 |
|
Union Carbide J. P. Nagar |
₹10,000 |
₹23,000 |
Circle Rates in Indore
|
Locality |
Plot Rate (per sq.m approx.) |
Building Rate (per sq.m approx.) |
|
Silver Wing |
₹18,400 |
₹31,400 |
|
Telephone Nagar |
₹48,000 |
₹61,000 |
|
Dhar Road |
₹17,100 |
₹25,100 |
|
Fulbaag Keshar Bagh |
₹15,000 |
₹28,000 |
|
Tamboli Bakhal |
₹9,600 |
₹17,600 |
|
Saket Nagar |
₹90,000 |
₹1,03,000 |
|
Sheetal Nagar |
₹25,000 |
₹38,000 |
Circle Rates in Jabalpur
|
Locality |
Plot Rate (per sq.m approx.) |
Building Rate (persq.m approx.) |
|
Nunsar Main Road |
₹3,000 |
₹11,000 |
|
Badkul Residency |
₹6,000 |
₹14,000 |
|
Partala |
₹3,600 |
₹13,600 |
|
Star Green City |
₹5,000 |
₹17,000 |
|
State Bank Society |
₹18,000 |
₹31,000 |
|
NH-7 to Nagpur Road |
₹40,000 |
₹53,000 |
|
Rajul Apartment |
₹30,000 |
₹43,000 |
Circle Rates in Gwalior
|
Locality |
Plot Rate (per sq.m approx.) |
Building Rate (per sq.m approx.) |
|
Ramgarh Road |
₹15,000 |
₹28,000 |
|
Dabara Gaon Road |
₹2,800 |
₹12,800 |
|
Jangipura |
₹8,000 |
₹18,000 |
|
Chinor Road |
₹14,000 |
₹24,000 |
|
Guptapura |
₹10,000 |
₹20,000 |
|
Kamala Takija Road |
₹24,000 |
₹34,000 |
|
Shantisaran Road |
₹7,000 |
₹17,000 |
Circle Rates in Ujjain
|
Locality |
Plot Rate (per sq.m approx.) |
Building Rate (per sq.m approx.) |
|
Ganesh Ghat Path |
₹3,800 |
₹13,800 |
|
Kajipura |
₹3,500 |
₹13,500 |
|
Dream City |
₹6,000 |
₹16,000 |
|
Mahavir Vihar |
₹4,400 |
₹14,400 |
|
Manglam Parisar Colony |
₹5,100 |
₹15,100 |
|
Ravindranath Tagore Path |
₹7,200 |
₹17,200 |
|
Suryansh Paradise |
₹5,600 |
₹15,600 |
|
Somnath Gali |
₹8,900 |
₹18,900 |
Circle Rates in Sagar
|
Locality |
Plot Rate (per sq.m approx.) |
Building Rate (per sq.m approx.) |
|
Tehsili Road |
₹25,000 |
₹37,000 |
|
Civil Line Chowraha |
₹50,000 |
₹62,000 |
|
Gopalganj Thana |
₹60,000 |
₹72,000 |
|
Manorama Colony |
₹15,000 |
₹27,000 |
|
Sandeep Verma Colony |
₹13,000 |
₹25,000 |
|
Balak Hillview |
₹16,000 |
₹28,000 |
How to Check Circle Rate in Madhya Pradesh (Online Method)
Checking the circle rate in Madhya Pradesh online is easy:
- Visit mpigr.gov.in.
- Click on ‘Guideline Rate’ on the right-hand side.
- Select the year and city.
- Download the PDF file for your locality.
The circle rate Madhya Pradesh online system allows buyers to verify property values instantly and avoid underpayment during registration.
Also Read: 7 Posh Areas in Indore for an Upscale Living Experience
How to Find Circle Rates in Madhya Pradesh Offline
- Visit the nearest Sub-Registrar’s Office.
- Provide property details like location and type.
- Get the official Madhya Pradesh circle rate list from authorized officers.
Contact Information for Circle Rate Queries
- Office Address: Panjiyan Bhawan, 35-A, Arera Hills, Bhopal, Madhya Pradesh 462011
- Toll-Free Number: 1800-233-6763
Payable Transfer Fees and Stamp Duty in Madhya Pradesh
Property transfer involves:
- Stamp Duty: Calculated on either the circle rate or market value, whichever is higher.
- Registration Fee: A small percentage of the transaction value.
- Mutation Charges: For ownership transfer in government records.
Also Read: Ayodhya Circle Rates Revised by Up to 200%, Transforming Real Estate Dynamics
Application for Property Transfer Permission
Transferring property as per the Madhya Pradesh circle rate requires obtaining transfer permission from the authorities. Applicants must:
- Submit a transfer application to the Revenue Department.
- Attach ownership and identity proofs.
- Pay applicable fees and stamp duty.
This ensures a legally valid and smooth property transaction
Key Takeaways on Madhya Pradesh Circle Rate
- The Madhya Pradesh circle rate varies from city to city.
- Circle rates are set by the Revenue Department and revised regularly.
- No property can be registered below the circle rate.
- Buyers should always check rates online before purchasing.
- For guidance, contact the MP Land Records Office at 1800-233-6763.
Conclusion
Understanding the Madhya Pradesh circle rate helps both buyers and sellers make informed decisions. Whether you’re registering a flat in Indore, buying a plot in Ujjain, or investing in commercial property in Bhopal, knowing the guideline value and property registration charges ensures transparency and financial accuracy.
The circle rate Madhya Pradesh online portal has made it easier than ever to access government-approved property valuations and calculate stamp duty accurately, empowering you to make smart real-estate investments in one of India’s most dynamic states.
Ans 1. The Madhya Pradesh circle rate is the minimum value at which a property can be registered in a specific area. It's set by the state government and helps determine stamp duty and registration charges.
Ans 2. You can usually find the circle rate information on the official website of the Madhya Pradesh Stamps and Registration Department or by visiting the sub-registrar's office in your area.
Ans 3. The circle rate is important because it affects the amount of stamp duty and registration fees you pay when buying a property. It also prevents undervaluation of properties.
Ans 4. Even if the actual transaction value is lower, you'll have to pay stamp duty and registration fees based on the higher circle rate.
Ans 5. No, the circle rate varies depending on the location, type of property (residential, commercial, etc.), and other factors specific to that area within Madhya Pradesh.