Circle Rate in Delhi And How To Calculate It
The Circle rate in Delhi, set by the government, is the minimum price below which you cannot sell a property. The stamp duty and the registration charges that are levied upon an individual are based on the prevailing circle rate in Delhi. Circle rates are subjected to periodic revisions and vary from area to area.
If you are interested to sell your property in Delhi, you must know about Circle rate in Delhi. This post lists the factors that affect the Circle rate in Delhi, how to calculate the rate and property value in Delhi and the 8 types of property categories in Delhi. Read on!
Current Circle Rate in Delhi
The circle rate in Delhi was brought down to 20% in February 2021 by the Delhi government, increasing the affordability of the real estate sector and was applicable till the end of 2021. Reduced circle rate led to lower property registration charges and stamp duty, making the purchase of any property affordable. However, Delhi circle rates notification 2022 states certain changes.
Circle rates for flats, agricultural land, residential and commercial property for 2022 and are mentioned in the following sections.
Factors Affecting the Circle Rate in Delhi
Delhi property circle rates depend on the following factors:
- Amenities available in the area: Areas with ample amenities and facilities will attract a higher circle rate in Delhi.
- Market value of the locality: Even the market value of a location affects the circle rate. The higher the market value, the higher the circle rate.
- Property type: Circle rate is different for residential property and commercial property. Commercial property has comparatively higher circle rates.
- Category type: The areas in Delhi are divided into eight categories, from A to H. Areas which have high market value with posh amenities are categorised under A and areas which have fewer facilities and low market value falls under category H. Hence, properties located in an area with high market value will have higher circle rate in Delhi.
Circle Rates and Age Factor in Delhi
The circle rate is also set depending on the age factor or year of establishment of a property:
- Before 1960: 0.5
- From 1960 – 1969: 0.6
- 1970 -1979: 0.7
- 1980 -1989: 0.8
- 1990- 1999: 0.9
- After 2000: 1
Steps to Calculate Property Value using Circle Rate Delhi 2022
You can conveniently evaluate property value using the circle rate in Delhi following the below-mentioned steps:
- Step 1: Start with computing the built-up area, construction age, plot area, and amenities of the property.
- Step 2: Now choose the type of property, whether commercial or residential, apartment, plot, builder floor, house and likes.
- Step 3: Mention the locality of the property.
- Step 4: Finally, get the property value by evaluating the minimum assessment figure according to the circle rates.
On calculating the aforementioned property details, use the formula to get the exact property value:
Property Value = built-up area in sq. m X circle rate of the locality.
You can use circle rate calculator Delhi to evaluate property value effectively for further convenience.
Also Read: RERA Delhi: Registration Process, Documents Required And Fees
Know the 8 Categories of Properties in Delhi and the respective Cities under them
To calculate property value hassle-free, you must have an in-depth idea regarding the eight categories under which properties in Delhi are divided.
| Property Categories | Localities |
| Category A | Friends Colony (East & West), Kalindi Colony, Golf Links, Lodi Road Industrial Area, Maharani Bagh, Nehru Place, Panchshila Park, Vasant Vihar, Shanti Niketan, New Friends Colony, Sunder Nagar, Rajendra Place, Anand Niketan, Friends Colony, Bhikaji Cama Place, Basant Lok DDA Complex. |
| Category B | Anand Lok, Sarvapriya Vihar, Defence Colony, Andrews Ganj, Sarvodaya Enclave, Greater Kailash (I, II, III and IV), Hamdard Nagar, Neeti Bagh, Pamposh Enclave, Maurice Nagar, Green Park, Nizamuddin East, Panchsheel Park, Gulmohar Park, Munrika Vihar, Nehru Enclave, Safdarjung Enclave, Hauz Khas |
| Category C | Alaknanda, East Patel Nagar, Civil Lines, Kailash Hill, East of Kailash, Jhandewalan Area, Kalkaji, Malviya Nagar, Lajpat Nagar (I, II, III and IV), Punjabi Bagh, Vasant Kunj, Munirka, Chittaranjan Park, Masjid Moth, Som Vihar, Nizamuddin West, Panchsheel Extension. |
| Category D | Jasola Vihar, Rajouri Garden, Rajinder Nagar (New & Old), Karol Bagh, Mayur Vihar, Dwarka, Daryaganj, Kirti Nagar, East End Apartments, Hudson Lane, Jangpura A Janakpuri, Jangpura Extension, Gagan Vihar, Anand Vihar, Indraprastha Extension |
| Category E | Gagan Vihar Extension, Chandni Chowk, Jama Masjid, Mahavir Nagar, Kashmere Gate, Rohini, East End Enclave, Khirki Extension, Madhuban Enclave, Moti Nagar, Pandav Nagar, Hauz Qazi, Sarai Rohilla |
| Category F | Nand Nagri, Dilshad Garden, Zakir Nagar Okhla, Dilshad Colony, Govindpuri, Jangpura B, Arjun Nagar, Mukherjee Park Extension, Uttam Nagar, Anand Prabhat, Daya Basti, Ganesh Nagar, BR Ambedkar Colony, Hari Nagar, Madhu Vihar, Majnu Ka Tila |
| Category G | Amber Vihar, Dakshinpuri, Ambedkar Nagar Jahangirpuri, Hari Nagar Extension, Dabri Extension, Dashrath Puri, Vivek Vihar Phase I, Ambedkar Nagar East Delhi, Tagore Garden |
| Category H | Sultanpur Majra |
Delhi Circle Rates for Flats in 2022
Circle rate in Delhi varies as per the types of flats. The below-mentioned chart will help you glance through the new circle rate in Delhi 2022 for flats:
| Area | DDA Rates or Society Flats (per sq. m) | Private Builder Flats (Approx)(per sq. metre) | Multiplying factors for private colonies |
| For multi-storey building | Rs. 87,840 | Rs. 1.1 lakh | 1.25 |
| Over 100 sq. m | Rs. 76,200 | Rs. 95,250 | 1.25 |
| For 50 to 100 Sq. m | Rs. 66,240 | Rs. 79,488 | 1.2 |
| For 30 to 50 Sq. m | Rs. 54,480 | Rs. 62,652 | 1.15 |
| Till 30 sq. m | Rs. 50,400 | Rs. 55,400 | 1.1 |
Delhi Circle Rates for Commercial and Residential Plots in 2022
| Category | Price of Land (Approx) | Construction cost in sq. m (Approx) |
| A category circle rate in Delhi | Rs. 7.74 lakhs | Residential: Rs. 21,960 Commercial: Rs. 25,200 |
| B category circle rate in Delhi | Rs. 2.46 lakhs | Residential: Rs. 17,400 Commercial: Rs. 19,920 |
| C category circle rate in Delhi | Rs. 1.6 lakhs | Residential: Rs. 13,920 Commercial: Rs. 15,960 |
| D category circle rate Delhi | Rs. 1.28 lakhs | Residential: Rs. 11,160 Commercial: Rs. 12,840 |
| E category circle rate Delhi | Rs. 70,080 | Residential: Rs. 9,360 Commercial: Rs 10,800 |
| F category circle rate in Delhi | Rs. 56,640 | Residential: Rs. 8,220 Commercial: Rs. 9,480 |
| G category circle rate in Delhi | Rs. 46,200 | Residential: Rs. 6,960 Commercial: Rs. 8,040 |
| H category circle rate in Delhi | Rs. 23,280 | Residential: Rs. 3,480 Commercial: Rs. 3,960 |
Delhi Circle Rates for Agricultural Lands in 2022
| Name of District | Green Belt Villages (per acre) (in Rs. crore) Approx | Rural Village (per acre) (in Rs. crore)Approx | Urban villages (per acre) (in Rs. crore)Approx |
| South | 5 | 5 | 5 |
| North | 3 | 3 | 3 |
| West | 3 | 3 | 3 |
| South-west | 3 | 4 | 3 |
| North-west | 3 | 3 | 3 |
| Central | NA | 2.5 | 2.5 |
| New Delhi | 5 | 5 | 5 |
| South-east | NA | 4 | 2.5 |
| North-east | NA | 2.3 | 2.3 |
| East | NA | 2.3 | 2.3 |
| Shahdara | 2.3 | 2.3 | 2.3 |
Delhi Circle Rate of Land in Colonies in 2022
Among numerous colonies located across the city, the circle rate of a few of them is listed below:
| Name of Area | Land Price (per sq. m) Approx | Cost of Construction (per sq. m) Approx |
| Maharani Bagh | Rs. 7.74 lakhs | Rs. 21,960 |
| New Friends Colony | Rs. 7.74 lakhs | Rs. 21,960 |
| Rajendra Place | Rs. 7.74 lakhs | Rs. 21,960 |
| Sunder Nagar | Rs. 7.74 lakhs | Rs. 21,960 |
| Bhikaji Cama Place | Rs. 7.74 lakhs | Rs. 21,960 |
| Anand Lok | Rs. 2.46 lakhs | Rs. 17,400 |
| Defence Colony | Rs. 2.46 lakhs | Rs. 17,400 |
| Green Park | Rs. 2.46 lakhs | Rs. 17,400 |
| Hauz Khas | Rs. 2.46 lakhs | Rs. 17,400 |
| Munirka Vihar | Rs. 2.46 lakhs | Rs. 17,400 |
| East Patel Nagar | Rs. 1.60 lakhs | Rs. 13,920 |
| Lajpat Nagar I | Rs. 1.60 lakh | Rs. 13,920 |
| Lajpat Nagar II | Rs. 1.60 lakhs | Rs. 1.60 lakhs |
| Dwarka | Rs. 1.28 lakhs | Rs. 11,160 |
| Chandni Chowk | Rs. 70,080 | Rs. 9,360 |
Also Read: How To File TDS on Sale of Property: Registration, Payment Process And Penalty
Final Word
On the whole, the circle rate in Delhi is a government-determined threshold limit below which you cannot sell a property or land. Therefore, if you are thinking of purchasing or selling a property in Delhi, you need to know the circle rate of that location, helping you set your budget and manage other financial liabilities.
FAQs
Ans: No, you cannot buy a property in Delhi below the threshold limit of the circle rate. However, you can do so when higher authority has reduced the circle rate.
Ans: The current stamp duty rate prevailing in Delhi is near about 6% for men and 4% for women. In New Delhi Municipal Corporation Area, stamp duty for men is 5.5% and 3.5% for women.
Ans: You can find a circle rate in Delhi by determining the type and usage of a property. You will also have to factor in the ‘Age multiplier’ to compute property valuation and finally get the circle rate.
Ans: To calculate circle rate for a house constructed on a plot, you have to first multiply the plot area by the circle rate allocated for that respective locality. Then find out the product of the house’s built-up area and minimum construction cost.
Ans: It is vital to know the circle rate and prevailing market rate to determine the accurate property price and manage your budget accordingly. Furthermore, it will allow one to avail of a home loan amount conveniently.
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Disclaimer: This article has been prepared on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this article is for general purposes only and not a complete disclosure of every material fact. It should not be construed as investment advice to any party. The article does not warrant the completeness or accuracy of the information, and disclaims all liabilities, losses and damages arising out of the use of this information. Readers shall be fully liable/responsible for any decision taken on the basis of this article.
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