circle rate | rate notification | rate for flats | rates for commercial | rates for agricultural land | rates for colonies | age multiplier | residential | commercial | green belt | factors | rate calculation
The minimum price at which a property can be registered in New Delhi is called the circle rate. This minimum rate will apply to industrial, commercial, and residential properties in major locations across the city. It is calculated per square meter.
For more information, read the full article. In the next section, we’ll look at age multipliers, Green Belt, and more. Here are some factors to consider. And be sure to check out the latest updates before purchasing a property.
What is the circle rate?
Circle rate is the public power’s choice to the speed of land or property, which goes probably as the cutoff under which the property can’t be sold.
Reliant upon periodic changes, circle rates are changed by region associations in India to keep them close to the normal market speed of properties.
Delhi circle rate is the base expense you really want to pay while buying regions, cushions, or apartment suites in the public capital. Delhi circle rate contrasts starting with one area and then onto the next.
Audit here that the primary minister Arvind Kejriwal-drove AAP government, in February 2021, revealed the 20% cut in circle rate across all classes of properties – properties in the public capital are separated into eight arrangements – to make land more sensible.
The 20% rebate in Delhi circle rates was proper till December 31, 2021. In any case, it was therefore loosened up till June 30, 2022.
Those buying property in the public capital necessities to pay stamp commitment and selection charges considering the Delhi circle rate. This makes it tenant upon buyers to have a sensible perception of the Delhi circle rate.
Delhi circle rate notification 2021
Delhi circle rates are chosen by the association domain government. The Delhi government, in February 2021, declared a 20% cut in circle rate across all classifications of properties – properties in the public capital are separated into eight classes – to make land more reasonable.
The 20% refund in Delhi circle rates is pertinent till December 31, 2021. Afterward, this refund was reached out till June 30, 2022.
Delhi circle rate for flats from July 1, 2022
| Area | DDA, society flats (per sq meter) | Private builder flats (per sq meter) | Multiplying factors for private colonies |
| Up to 30 sq meters | Rs 50,399 | Rs 55,450 | 1.3 |
| 30-50 sq meters | Rs 54,481 | Rs 62,650 | 1.23 |
| 50-100 sq meters | Rs 66,250 | Rs 79,499 | 1.25 |
| More than 100 sq meters | Rs 76,300 | Rs 95,350 | 1.45 |
| Big apartment | Rs 87,850 | Rs 1.3 lakhs | 1.15 |
Delhi circle rate for residential and commercial plots in 2022
| Category | Land cost (per sq meter) | Construction cost: Residential (per sq metre) | Construction cost: Commercial (per sq metre) |
| A | Rs 7.75 lakhs | Rs 20,960 | Rs 25,500 |
| B | Rs 2.76 lakhs | Rs 15,400 | Rs 19,926 |
| C | Rs 1.4 lakhs | Rs 16,920 | Rs 15,967 |
| D | Rs 1.18 lakhs | Rs 10,160 | Rs 12,899 |
| E | Rs 70,010 | Rs 7,360 | Rs 10,900 |
| F | Rs 53,640 | Rs 8,225 | Rs 9,468 |
| G | Rs 47,200 | Rs 6,987 | Rs 8,098 |
| H | Rs 21,280 | Rs 3,490 | Rs 3,786 |
Delhi circle rate for agricultural land in 2022
| District | Green belt villages (in Rs crore per acre) | Urbanized villages (in Rs crore per acre) | Rural villages (in Rs crore per acre) |
| South | 5.1 | 5.1 | 5.0 |
| North | 3.01 | 3.01 | 3.1 |
| West | 3.02 | 3.1 | 3.0 |
| North-west | 3.10 | 3.2 | 3.0 |
| South-west | 3.04 | 4.01 | 3.1 |
| New Delhi | 5.0 | 5.1 | 5.0 |
| Central | NA | 2.45 | 2.45 |
| South-east | NA | 4.01 | 2.50 |
| Shahdara | 2.3 | 2.2 | 2.30 |
| North-east | NA | 2.2 | 2.30 |
| East | NA | 2.30 | 2.30 |
Delhi circle rate of land in colonies
| Area | Land cost | Construction cost |
| Lodi Road Industrial Area | Rs 7.74 lakhs per sq meter | Rs 21,960 per sq metre |
| Maharani Bagh | Rs 7.74 lakhs per sq meter | Rs 21,960 per sq metre |
| Nehru Place | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| New Friends Colony | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Panchshila Park | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Rajendra Place | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Shanti Niketan | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Sunder Nagar | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Vasant Vihar | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Anand Niketan | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Basant Lok DDA Complex | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Bhikaji Cama Place | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Friends Colony | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Friends Colony East | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Friends Colony West | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Golf Links | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Kalindi Colony | Rs 7.74 lakhs per sq metre | Rs 21,960 per sq metre |
| Anand Lok | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Andrews Ganj | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Defence Colony | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Greater Kailash I | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Greater Kailash II | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Greater Kailash III | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Greater Kailash IV | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Green Park | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Gulmohar Park | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Hamdard Nagar | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Hauz Khas | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Maurice Nagar | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Munirka Vihar | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Neeti Bagh | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Nehru Enclave | Rs 2.46 lakhs per sq metre | Rs 17,400 per sq metre |
| Nizamuddin East | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Pamposh Enclave | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Panchsheel Park | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Safdarjang Enclave | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Sarvapriya Vihar | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Sarvodaya Enclave | Rs 2.56 lakhs per sq metre | Rs 17,400 per sq metre |
| Civil Lines | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| East of Kailash | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| East Patel Nagar | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Jhandewalan Area | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Kailash Hill | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Kalkaji | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Lajpat Nagar I | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Lajpat Nagar II | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Lajpat Nagar III | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Lajpat Nagar IV | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Malviya Nagar | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Masjid Moth | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Munirka | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Nizamuddin West | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Panchsheel Extension | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Punjabi Bagh | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Som Vihar | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Vasant Kunj | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Alaknanda | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| Chittaranjan Park | Rs 1.50 lakhs per sq metre | Rs 13,920 per sq metre |
| New Rajinder Nagar | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Old Rajinder Nagar | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Rajouri Garden | Rs 1.28 lakhs per sq metre | Rs 11,160 per sq metre |
| Anand Vihar | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Daryaganj | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Dwarka | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| East End Apartments | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Gagan Vihar | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Hudson Line | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Indraprastha Extension | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Janakpuri | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Jangpura A | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Jangpura Extension | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Jasola Vihar | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Karol Bagh | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Kirti Nagar | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Mayur Vihar | Rs 1.38 lakhs per sq metre | Rs 11,160 per sq metre |
| Chandni Chowk | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| East End Enclave | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Gagan Vihar Extension | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Hauz Qazi | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Jama Masjid | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Kashmere Gate | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Khirki Extension | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Madhuban Enclave | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Mahavir Nagar | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Moti Nagar | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Pahar Ganj | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Pandav Nagar | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Rohini | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Sarai Rihilla | Rs 70,050 per sq metre | Rs 9,360 per sq metre |
| Zakir Nagar Okhla | Rs 56,550 per sq metre | Rs 8,220 per sq metre |
| Anand Parbat | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Arjun Nagar | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Daya Basti | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Dilshad Colony | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Dishad Garden | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| BR Amdedkar Colony | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Ganesh Nagar | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Govindpuri | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Hari Nagar | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Jangpura B | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Madhu Vihar | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Majnu Ka Tila | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Mukherjee Park Extension | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Nand Nagri | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Uttam Nagar | Rs 56,540 per sq metre | Rs 8,220 per sq metre |
| Ambedkar Nagar Jahangirpuri | Rs 46,300 per sq metre | Rs 6,960 per sq metre |
| Ambedkar Nagar East Delhi | Rs 46,400 per sq metre | Rs 6,960 per sq metre |
| Amber Vihar | Rs 46,500 per sq metre | Rs 6,960 per sq metre |
| Dabri Extension | Rs 46,300 per sq metre | Rs 6,960 per sq metre |
| Dakshinpuri | Rs 46,300 per sq metre | Rs 6,960 per sq metre |
| Dashrath Puri | Rs 46,100 per sq metre | Rs 6,960 per sq metre |
| Hari Nagar Extension | Rs 46,300 per sq metre | Rs 6,960 per sq metre |
| Vivek Vihar Phase I | Rs 46,500 per sq metre | Rs 6,960 per sq metre |
| Tagore Garden | Rs 46,300 per sq metre | Rs 6,960 per sq metre |
| Sultanpur Majra | Rs 23,180 per sq metre | Rs 3,480 per sq metre |
Age multiplier
There are several factors to consider when calculating the circle rate for residential or commercial properties in Delhi. A few of these factors include the type of land, number of floors, amenities, and age of construction.
To determine the circle rate in your specific property type, visit the city government’s online registration information system. You can also find the multiplier for your building’s age, as old buildings have a lower multiplier than newer structures.
The first step in calculating the circle rate for a property in Delhi is to differentiate between commercial and residential properties. Next, determine the type of construction. Then, use the age multiplier based on the year of construction to calculate the value of your property.
This age multiplier is usually between 0.5 and 1.0 depending on the year of construction. The multiplier for residential property is based on the age of the building, so if it was built before 1960, you will get a lower rate.
A 20% circle rate rebate is available for all types of property in Delhi, which will help the real estate industry. The government has extended the rebate period from the previous year’s June 30 until June 2022.
Criteria for Age Multiplier
The policy applies to the eight municipal areas of Delhi, ranging from posh neighborhoods to the poorest. The new rate for land in ‘A’ categories will be Rs 6.19 lakh per square meter.
After the revision, many areas of Delhi will have a higher circle rate than before. Property owners will experience massive value appreciation, while the city government will receive more stamp duty.
The age multiplier for the new Delhi circle rate in 2022 is expected to increase by 0.7 percent, with the minimum value for commercial properties set at around 0.50. You can easily calculate the age multiplier for new Delhi property online.
Aside from the age multiplier for residential properties, the new law also mandates the construction of new buildings. The minimum construction cost of new buildings in Delhi is Rs 20,000 per square meter.
A building’s age multiplier in 2022 is based on its construction age and is calculated by calculating the minimum square footage. Age factors can be a factor in determining the age multiplier for new Delhi properties.
Residential
The real estate developers in the Capital have urged the government of New Delhi to extend the 20% circle rate rebate and reject the municipal corporation’s proposal to increase the transfer fee by 20%.
These additional costs will harm home buyers’ sentiments, said Harsh Bansal, head of the real estate chapter of the Confederation of Indian Industry in Delhi. This move may help the real estate market in the city, but it must be part of the citywide rationalization process.
The circle rate is the minimum price at which a property can be registered in Delhi. The new minimum landing rate for residential, commercial, and industrial properties in Delhi from 2022- 2023 is different for each category.
The higher the circle rate, the better for buyers, as more facilities and amenities will be available in that area. In addition, posh areas will have higher circle rates than other neighborhoods. Here are the criteria for determining the circle rate for your property in Delhi.
After determining the circle rate, the government of Delhi has categorized localities according to their development status. ‘A’ category houses are at the top of the price scale, while ‘H’ category properties are the lowest.
Generally, the lowest areas are in Outer Delhi. In February 2021, the government of Delhi announced the relaxation of the circle rate by 20%. This relaxation was to help the real estate sector recover from the effects of the coronavirus pandemic.
Recent updates on Residential Rates
In 2022, the government of New Delhi plans to raise the circle rate in some posh areas by 30% and slash it by 20% in steeper areas. While this is welcomed by homebuyers, it may prove to be a slap in the face of the homebuyer.
As real estate and construction are two of the largest accelerators of GDP, these measures are necessary to maintain momentum. So, if you are planning to purchase a home, now is the time to act.
After reducing the circle rate in New Delhi, the stamp duty rate will also be reduced. This means that buyers will pay lower stamp duty charges and lower property registration charges. The stamp duty rate for a home is normally between four to six percent of its value.
In Delhi, the stamp duty rate is 4% for females and 6% for men. Likewise, the property registration charge is around one percent of the property’s value.
Commercial
The government has decided to lower the commercial new Delhi circle rate by 20% for all properties by 2022. This decision was made to provide relief to homebuyers and boost the real estate sector during Covid-19.
However, there are doubts over whether the government has the power to change the circle rate categories. The changes may take place after June 2022. Here are some factors that you should know about the changes. Before making your decision, consult with an expert.
The circle rate in Delhi is higher for commercial properties than residential properties. The rate may vary depending on the type of property and construction date. Older buildings are generally worth less than newer ones.
To find out your circle rate, visit the Delhi government’s online registration information system. If you have any doubts, you can contact a real estate lawyer. In any case, the lawyer will help you make the right decision.
Commercial new Delhi circle rates fall into eight categories, which fall under four municipal areas. The revised circle rates depend on the development of civic infrastructure and the commercial rate.
As of now, the circle rate was last revised in 2014. It may rise or fall by up to 30 percent in some areas. However, most of the areas will be unchanged from last year. So, if you want to buy property in Delhi, make sure to check your calculations.
Commercial Rates Comparison
The circle rate for residential properties in Delhi is higher than that of commercial properties. It is divided into eight categories, and the government assigns higher rates for high-end properties.
The lower-end areas are classified under Category A and H. Commercial properties in Delhi are typically higher than residential properties. You should consider the area and locality of your commercial property when calculating the rate.
When choosing a property, consider what amenities it has and what services it offers.
The New Delhi circle rate is a result of changes to the property tax system. The government is increasing the minimum landing rates for commercial properties and is planning to lower the residential circle rate as well.
This means that the circle rate is going to be higher in areas where there are a lot of infrastructures. However, if you’re planning on selling your commercial property, you’ll probably have to lower it a little in order to make it more profitable.
Green Belt
The government is bringing the circle rate in New Delhi to market rates and has categorized property in eight broad categories. Class A localities will enjoy higher rates than Class H localities. Property registration in the posh areas of Delhi may cost up to Rs 7.74 lakh per square meter.
Outer Delhi localities will have lower rates. However, the price of an ‘H’ category property can cost up to Rs 23,280 per square meter.
The circle rate in New Delhi is a minimum value that is used to calculate the stamp duty on property transactions. Residential plots in the city are segmented into categories A-H. They range in size from between 30 square meters to 50 square meters.
The prices are subject to stamp duty, a legal tax that validates the transfer of ownership. It is calculated as a percentage of the property value and is reflected in the circle rate.
Property values are divided into eight categories in Delhi. Circle rates are determined by the government based on the type of property, age, usage, and structure.
Government Rules
The government publishes the circle rate in 2022 so that interested buyers can know the minimum price range for a property in a particular neighborhood. For example, a house in East Patel Nagar is more expensive than a property in Nizamuddin West.
With a government-determined minimum price per unit area, the circle rate in New Delhi has been drastically reduced in recent months. While this is welcome news for homeowners, it is unlikely to be enough to revive the real estate market.
The government is currently reviewing whether or not to extend the circle rate in New Delhi. This could create even more vacancies, which could lead to a surge in home prices.
With the rate of interest at an all-time high, the government is taking action to encourage developers to continue the process of building homes in these areas.
The new circle rate in 2022 in New Delhi depends on several factors, including the area of the property, its age, and the type of land on which the property is located. In addition to the size of the property, the minimum assessment figure depends on the type of property.
The value of the property is calculated as the square footage of the land x the circle rate in the neighborhood. A private colony will have a lower circle rate than a commercial property.
Factors that affect circle rate in Delhi
- Offices nearby: The more offices, the higher the circle rate in Delhi.
- Market worth of the territory: The higher the market esteem, the higher the circle rate in Delhi.
- Classification kind of the area: Circle paces of properties in luxurious areas of Delhi are consistently higher than the rates in different regions.
- Kind of property: While circle rates are lower for private properties in Delhi, they are nearly higher for business properties.
How to calculate circle rates in Delhi?
Home purchasers and financial backers ought to realize that the property enrollment process in Delhi and charges like stamp obligation depend on the higher the pronounced property estimation and the cost determined according to the circle rate appropriate for the area or area of Delhi.
Generally, business properties have higher circle rates, when contrasted with private properties. It might likewise shift, in view of the sort and age of the property.
Properties worked after the year 2000 have a most extreme multiplier of 1 while the more established structures have it in the scope of 0.5-0.9.
You calculate the circle rates in Delhi by visiting the Delhi government’s web-based enrollment data framework.