New Circle Rate in Delhi

Circle rate is an important determinant of a property value during sale or purchase of that property. Even lenders consider circle rate to estimate property value for sanctioning house loan or loan against property. It is basically the lowest rate at which an individual can buy or sell a property in a specific area. For anyone who is planning to buy a property in Delhi must consider the city’s circle rates, which is usually notified through the sub registrar’s or registrar’s office in Delhi. To know more about the Circle Rate in Delhi, read on.

Circle Rates of Delhi

Circle rates for residential units in Delhi are:

Delhi Circle Rates for Residential Plots

Residential plots that fall under the New Delhi Municipal Corporation (NDMC) are segmented into categories from A to H. Circle rates in Delhi vary across these categories. The table below showcases circle rates in Delhi for residential plots.

View the Category-Wise Classification of Areas in Delhi 

Categories	Cost of Construction Per Square Metre	Cost of Land Per Square Metre
A	Rs. 21,960	Rs. 7,74,000
B	Rs. 17,400	Rs. 2,46,000
C	Rs. 13,920	Rs. 1,60,000
D	Rs. 11,160	Rs. 1,28,000
E	Rs. 9,360	Rs. 70,080
F	Rs. 8,220	Rs. 56,640
G	Rs. 6,960	Rs. 46,200
H	Rs. 3,480	Rs. 23,280

Delhi Circle Rates for Flats/Apartments

Circle rates in Delhi for flats vary across the city. They are classified into five categories based on their area and type. A few of them are listed as below:

Area of Flats	Rates for Private Builder Flats	Rates for DDA/Society Flats
Multi-storied apartments	Rs. 1,10,000	Rs. 87,840
Above 100 sq. mts.	Rs. 95,250	Rs. 76,200
Between 50 and 100 sq. mts.	Rs. 79,488	Rs. 66,240
Between 30 and 50 sq. mts.	Rs. 62,652	Rs. 54,480
Within 30 sq. mts.	Rs. 55,440	Rs. 50,400

Calculation of Property Value in Delhi Using Circle Rate for Stamp Duty Payment

To calculate stamp duty for a property in Delhi, you need circle rate and calculation methods depending on the property type:

Stamp Duty Calculation Method for Houses Constructed on a Residential Plot

Plot area in square yard x circle rate per square yard + carpet area per square yard x minimum construction cost per square yard

Stamp Duty Calculation Method for Flats & Apartments

Carpet area x circle rate square yard

Stamp Duty Calculation Method for Builder Floor

Carpet area x circle rate per square yard

Stamp Duty Calculation Method for a Residential Plot

Plot area in square yard x circle rate per square yard

Stamp Duty Calculation Example

Let’s assume you have a plot of 1,200 sq. ft. or about 133 sq. yards. And the location of the property falls under Category A in Delhi, where the cost of land per square metre is Rs. 7,74,000. So, to know your stamp duty amount for the property, follow these steps:

Stamp Duty Calculation Method for a Residential Plot

Plot area in square yard x circle rate per square yard

133 x 21,960 = Rs. 29.21 lakh

Factors Affecting Circle Rates in Delhi

Circle rates in Delhi vary across areas or localities due to:

• Market rate of the location
• Amenities available in the concerned area
• Type of property as circle rates are higher for a commercial property as compared to a residential property
• Stamp and registration values
• For flats, circle rates further differ based on their builders, private builders or government (such as DDA flats)

Stamp Duty for Property Registration in Delhi

Property buyers pay stamp duty as a legal tax to validate the transfer of ownership. It is paid as a percentage of the agreement value or the value evaluated as per the current circle rate, whichever is higher.

Current Stamp Duty Rates in Delhi

Owner	Stamp Duty Rates in Delhi
Joint owners (Male & Female)	5%
Female	4%
Male	6%

Delhi Registration Charges

In addition to the stamp duty value, the government levies registration charges. These charges are paid to register any property with a local municipal body. Registry Charges for Property Registration in Delhi is 1% of the property valuation. In addition to it, a pasting fee of Rs. 100 is payable.

Check Also: Circle rate and Stamp Duty in Gurgaon

Category-wise Classification of Areas in Delhi

Categories	Areas Covered
Category A	Friends Colony (East & West), Kalindi Colony, Maharani Bagh, Golf Links, Lodi Road Industrial Area, Nehru Place, Panchshila Park, Shanti Niketan, Vasant Vihar, New Friends Colony, Rajendra Place, Sunder Nagar, Anand Niketan, Bhikaji Cama Place, Basant Lok DDA Complex, Friends Colony
Category B	Sarvapriya Vihar, Anand Lok, Defence Colony, Sarvodaya Enclave, Andrews Ganj, Greater Kailash (I, II, III and IV), Green Park, Hamdard Nagar, Maurice Nagar, Neeti Bagh, Nizamuddin East, Panchsheel Park, Gulmohar Park, Hauz Khas, Munrika Vihar, Nehru Enclave, Pamposh Enclave, Safdarjung Enclave
Category C	Alaknanda, Civil Lines, East Patel Nagar, Kailash Hill, Chittranjan Park, East of Kailash, Jhandewalan Area, Kalkaji, Malviya Nagar, Lajpat Nagar (I, II, III and IV), Munirka, Punjabi Bagh, Vasant Kunj, Masjid Moth, Nizamuddin West, Som Vihar, Panchsheel Extension.
Category D	Jasola Vihar, Kirti Nagar, Rajinder Nagar (New & Old), Karol Bagh, Mayur Vihar, Rajouri Garden, Daryaganj, East End Apartments, Hudson Lane, Janakpuri, Jangpura Extension, Anand Vihar, Dwarka, Gagan Vihar, Indraprastha Extension, Jangpura A
Category E	Chandni Chowk, Gagan Vihar Extension, Jama Masjid, Khirki Extension, Mahavir Nagar, Pahar Ganj, Rohini, East End Enclave, Hauz Qazi, Kashmere Gate, Madhuban Enclave, Moti Nagar, Pandav Nagar, Sarai Rihilla
Category F	Majnu Ka Tila, Nand Nagri, Zakir Nagar Okhla, Arjun Nagar, Dilshad Colony, BR Ambedkar Colony, Govindpuri, Jangpura B, Mukherjee Park Extension, Uttam Nagar, Anand Prabhat, Daya Basti, Dishad Garden, Ganesh Nagar, Hari Nagar, Madhu Vihar
Category G	Ambedkar Nagar Jahangirpuri, Amber Vihar, Dakshinpuri, Hari Nagar Extension, Tagore Garden, Ambedkar Nagar East Delhi, Dabri Extension, Dashrath Puri, Vivek Vihar Phase I
Category H	Sultanpur Majra