Circle rates in Delhi for 2024

Circle Rate in Delhi is an important term for buyers and sellers in the real estate market.

It represents the minimum price set by the government for property transactions in the city.

Understanding how circle rate works and how it is calculated is essential to make an informed decision while buying or selling property in Delhi.

In this article, we will take a detailed look at the latest circle rates in Delhi 2024, how to calculate circle rate, key differences between circle rate and market rate, impact of circle rate on property prices, and more.

What is the Circle Rate in Delhi?

Delhi circle rate is the minimum price at which a property can be registered with the government.

It is fixed by the Delhi government and reviewed periodically to ensure that it is in line with the prevailing market price.

Circular rate is the base price for calculating stamp duty and registration charges for real estate transactions.

Difference Between Circle Rate and Market Rate in Delhi

Circle rate:

Circle rate is the minimum set by the Delhi government for real estate transactions.

It is the base price for calculating stamp duty and registration charges when selling a property.

Circle rates in Delhi are categorized from A to H based on factors like location, infrastructure, amenities etc. Properties in affluent areas attract higher county tax rates.

County tax rate is calculated by multiplying the built-up area of the property by the applicable tax rate per square meter or square feet, taking into account the age of the property.

Market rate:

Market price is the actual price at which a property is bought and sold in the real estate market.

Market price is influenced by factors such as the size of the property, amenities, and location, and is generally higher than the corresponding county price.

Builders rarely sell properties at county prices, as this would lead to significant losses. Properties are usually not available at county prices.

Market price provides information about the appreciation of property values in a particular area.

To summarize, circle rate is the minimum valuation set by the government while market rate is the actual price determined by market forces and is usually higher than circle rate. Understanding this difference is crucial for buyers and sellers in the Delhi real estate market.

Delhi Circle Rate of Built-up flats of upto 4 storey

The table shows the different prices per square meter of apartments from DDA and public housing, as well as private developers, depending on the size of the area. The multipliers for private housing developments are also given.

Area	DDA, Society Flats (per sqm)	Private Builder Flats (per sqm)	Multiplying Factors for Private Colonies
Up to 30 sqm	Rs 50,400	Rs 55,400	1.1
30-50 sqm	Rs 54,480	Rs 62,652	1.15
50-100 sqm	Rs 66,240	Rs 79,488	1.2
Over 100 sqm	Rs 76,200	Rs 95,250	1.25
Multi-storey apt.	Rs 87,840	Rs 1.1 lakh	1.25

Delhi Circle Rate For Residential and Commercial Plots in 2024

The table breaks down land and construction costs per square meter (for both residential and commercial use) into various categories.

Category	Land Cost (per sqm)	Construction Cost: Residential (per sqm)	Construction Cost: Commercial (per sqm)
A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
C	Rs 1.6 lakh	Rs 13,920	Rs 15,960
D	Rs 1.28 lakh	Rs 11,160	Rs 12,840
E	Rs 70,080	Rs 9,360	Rs 10,800
F	Rs 56,640	Rs 8,220	Rs 9,480
G	Rs 46,200	Rs 6,960	Rs 8,040
H	Rs 23,280	Rs 3,480	Rs 3,960

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.

Localities	Categories
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 A
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 B
Alaknanda, Civil Lines, East Patel Nagar, Kailash Hill, Chittaranjan 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 C
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 D
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 E
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, Dilshad Garden, Ganesh Nagar, Hari Nagar, Madhu Vihar	Category F
Ambedkar Nagar Jahangirpuri, Amber Vihar, Dakshinpuri, Hari Nagar Extension, Tagore Garden, Ambedkar Nagar East Delhi, Dabri Extension, Dashrath Puri, Vivek Vihar Phase I	Category G
Sultanpur Majra	Category H

Circle Rates in Delhi 2024 for Residential and Commercial Land

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

Area	Category	Land cost (per sq m)	Construction cost: Residential (per sq m)	Construction cost: Commercial (per sq m)
Friends Colony East	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Friends Colony West	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Golf Links	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Kalindi Colony	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Lodi Road Industrial Area	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Maharani Bagh	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Nehru Place	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
New Friends Colony	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Panchshila Park	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Rajendra Place	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Shanti Niketan	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Sunder Nagar	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Vasant Vihar	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Anand Niketan	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Basant Lok DDA Complex	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Bhikaji Cama Place	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Friends Colony	A	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Sarvapriya Vihar	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Sarvodaya Enclave	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Anand Lok	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Andrews Ganj	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Defence Colony	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Greater Kailash 1	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Greater Kailash 2	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Greater Kailash 3	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Greater Kailash 4	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Green Park	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Gulmohar Park	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Hamdard Nagar	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Hauz Khas	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Maurice Nagar	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Munirka Vihar	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Neeti Bagh	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Nehru Enclave	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Nizamuddin East	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Pamposh Enclave	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Panchsheel Park	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Safdarjang Enclave	B	Rs 2.46 lakh	Rs 17,400	Rs 19,920
Alaknanda	C	Rs 1.6 lakh	Rs 13,920	Rs 15,960
Chittaranjan Park	C	Rs 1.6 lakh	Rs 13,921	Rs 15,961
Civil Lines	C	Rs 1.6 lakh	Rs 13,922	Rs 15,962
East of Kailash	C	Rs 1.6 lakh	Rs 13,923	Rs 15,963
East Patel Nagar	C	Rs 1.6 lakh	Rs 13,924	Rs 15,964
Jhandewalan Area	C	Rs 1.6 lakh	Rs 13,925	Rs 15,965
Kailash Hill	C	Rs 1.6 lakh	Rs 13,926	Rs 15,966
Kalkaji	C	Rs 1.6 lakh	Rs 13,927	Rs 15,967
Lajpat Nagar 1	C	Rs 1.6 lakh	Rs 13,928	Rs 15,968
Lajpat Nagar 2	C	Rs 1.6 lakh	Rs 13,929	Rs 15,969
Lajpat Nagar 3	C	Rs 1.6 lakh	Rs 13,930	Rs 15,970
Lajpat Nagar 4	C	Rs 1.6 lakh	Rs 13,931	Rs 15,971
Malviya Nagar	C	Rs 1.6 lakh	Rs 13,932	Rs 15,972
Masjid Moth	C	Rs 1.6 lakh	Rs 13,933	Rs 15,973
Munirka	C	Rs 1.6 lakh	Rs 13,934	Rs 15,974
Nizamuddin West	C	Rs 1.6 lakh	Rs 13,935	Rs 15,975
Panchsheel Extension	C	Rs 1.6 lakh	Rs 13,936	Rs 15,976
Punjabi Bagh	C	Rs 1.6 lakh	Rs 13,937	Rs 15,977
Som Vihar	C	Rs 1.6 lakh	Rs 13,938	Rs 15,978
Vasant Kunj	C	Rs 1.6 lakh	Rs 13,939	Rs 15,979
Jasola Vihar	D	Rs 1.28 lakh	Rs 11,160	Rs 12,840
Karol Bagh	D	Rs 1.28 lakh	Rs 11,161	Rs 12,841
Kirti Nagar	D	Rs 1.28 lakh	Rs 11,162	Rs 12,842
Mayur Vihar	D	Rs 1.28 lakh	Rs 11,163	Rs 12,843
New Rajinder Nagar	D	Rs 1.28 lakh	Rs 11,164	Rs 12,844
Old Rajinder Nagar	D	Rs 1.28 lakh	Rs 11,165	Rs 12,845
Rajouri Garden	D	Rs 1.28 lakh	Rs 11,166	Rs 12,846
Anand Vihar	D	Rs 1.28 lakh	Rs 11,167	Rs 12,847
Daryaganj	D	Rs 1.28 lakh	Rs 11,168	Rs 12,848
Dwarka	D	Rs 1.28 lakh	Rs 11,169	Rs 12,849
East End Apartments	D	Rs 1.28 lakh	Rs 11,170	Rs 12,850
Gagan Vihar	D	Rs 1.28 lakh	Rs 11,171	Rs 12,851
Hudson Line	D	Rs 1.28 lakh	Rs 11,172	Rs 12,852
Indraprastha Extension	D	Rs 1.28 lakh	Rs 11,173	Rs 12,853
Janakpuri	D	Rs 1.28 lakh	Rs 11,174	Rs 12,854
Jangpura A	D	Rs 1.28 lakh	Rs 11,175	Rs 12,855
Jangpura Extension	D	Rs 1.28 lakh	Rs 11,176	Rs 12,856
Chandni Chowk	E	Rs 70,080	Rs 9,360	Rs 10,800
East End Enclave	E	Rs 70,081	Rs 9,361	Rs 10,801
Gagan Vihar Extension	E	Rs 70,082	Rs 9,362	Rs 10,802
Hauz Qazi	E	Rs 70,083	Rs 9,363	Rs 10,803
Jama Masjid	E	Rs 70,084	Rs 9,364	Rs 10,804
Kashmere Gate	E	Rs 70,085	Rs 9,365	Rs 10,805
Khirki Extension	E	Rs 70,086	Rs 9,366	Rs 10,806
Madhuban Enclave	E	Rs 70,087	Rs 9,367	Rs 10,807
Mahavir Nagar	E	Rs 70,088	Rs 9,368	Rs 10,808
Moti Nagar	E	Rs 70,089	Rs 9,369	Rs 10,809
Pahar Ganj	E	Rs 70,090	Rs 9,370	Rs 10,810
Pandav Nagar	E	Rs 70,091	Rs 9,371	Rs 10,811
Rohini	E	Rs 70,092	Rs 9,372	Rs 10,812
Sarai Rohilla	E	Rs 70,093	Rs 9,373	Rs 10,813
Majnu Ka Tila	F	Rs 56,640	Rs 8,220	Rs 9,480
Mukheree Park Extension	F	Rs 56,641	Rs 8,221	Rs 9,481
Nand Nagri	F	Rs 56,642	Rs 8,222	Rs 9,482
Uttam Nagar	F	Rs 56,643	Rs 8,223	Rs 9,483
Zakir Nagar Okhla	F	Rs 56,644	Rs 8,224	Rs 9,484
Anand Parbat	F	Rs 56,645	Rs 8,225	Rs 9,485
Arjun Nagar	F	Rs 56,646	Rs 8,226	Rs 9,486
Daya Basti	F	Rs 56,647	Rs 8,227	Rs 9,487
Dilshad Colony	F	Rs 56,648	Rs 8,228	Rs 9,488
Dilshad Garden	F	Rs 56,649	Rs 8,229	Rs 9,489
BR Ambedkar Colony	F	Rs 56,650	Rs 8,230	Rs 9,490
Ganesh Nagar	F	Rs 56,651	Rs 8,231	Rs 9,491
Govindpuri	F	Rs 56,652	Rs 8,232	Rs 9,492
Hari Nagar	F	Rs 56,653	Rs 8,233	Rs 9,493
Jangpura B	F	Rs 56,654	Rs 8,234	Rs 9,494
Madhu Vihar	F	Rs 56,655	Rs 8,235	Rs 9,495
Ambedkar Nagar Jahangirpuri	G	Rs 46,200	Rs 6,960	Rs 8,040
Ambedkar Nagar East Delhi	G	Rs 46,201	Rs 6,961	Rs 8,041
Amber Vihar	G	Rs 46,202	Rs 6,962	Rs 8,042
Dabri Extension	G	Rs 46,203	Rs 6,963	Rs 8,043
Dakshinpuri	G	Rs 46,204	Rs 6,964	Rs 8,044
Dashrath Puri	G	Rs 46,205	Rs 6,965	Rs 8,045
Hari Nagar Extension	G	Rs 46,206	Rs 6,966	Rs 8,046
Vivek Vihar Phase I	G	Rs 46,207	Rs 6,967	Rs 8,047
Tagore Garden	G	Rs 46,208	Rs 6,968	Rs 8,048
Sultanpur Majra	H	Rs 23,280	Rs 3,480	Rs 3,960
Samaypur Badli	H	Rs 23,280	Rs 3,480	Rs 3,960
Mukund Pur	H	Rs 23,280	Rs 3,480	Rs 3,960
Burari	H	Rs 23,280	Rs 3,480	Rs 3,960
Timar Pur	H	Rs 23,280	Rs 3,480	Rs 3,960
Inderpuri	H	Rs 23,280	Rs 3,480	Rs 3,960
Sarup Nagar	H	Rs 23,280	Rs 3,480	Rs 3,960
Kanjhawala	H	Rs 23,280	Rs 3,480	Rs 3,960

Circle Rate Age Factor In Delhi

Age Factor	Circle Rate
Before 1960	0.5
1960-1969	0.6
1970-1979	0.7
1980-1989	0.8
1990-1999	0.9
After 2000	1

Circle Rate in Delhi for Agricultural Land

District	Green belt villages (in Rs crore per acre)	Urbanised villages (in Rs crore per acre)	Rural villages (in Rs crore per acre)
South	5	5	5
North	3	3	3
West	3	3	3
North-west	3	3	3
South-west	3	4	3
New Delhi	5	5	5
Central	NA	2.5	2.5
South-east	NA	4	2.5
Shahdara	2.3	2.3	2.3
North-east	NA	2.3	2.3
East	NA	2.3	2.3

Factors that impact circle rate in Delhi

Property circle rates in Delhi depend on a number of factors, such as:

- Market value of the property
- Property usage, such as residential or commercial
- Facilities or amenities in the property
- Property location
- Property age
- Construction type

Delhi is classified into eight categories, from A to H, based on the factors mentioned above. Localities with highest values and posh localities come under Category A, while areas with the lowest value comes under category H.

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

Structure	Multiplying Factor
Pucca	1
Semi-Pucca	0.75
Kaccha	0.5

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.

Categories	Cost of Construction per Square Meter (Rupees)	Minimum rates for valuation of land for residential use (Per Square Meter in Rupees)
A	21,960	7,74,000
B	17,400	2,46,000
C	13,920	1,60,000
D	11,160	1,28,000
E	9,360	70,080
F	8,220	56,640
G	6,960	46,200
H	3,480	23,280

Agricultural Land Circle Rates in Delhi

Delhi Chief Minister Arvind Kejriwal has recently approved the hike in circle rates in Delhi for agricultural land. The revenue department shared the proposal to hike the circle rates for land near Yamuna Barrage.

For agricultural land, the district fee was a flat rate of Rs 5.3 million per acre of land. However, the fee may be increased in some places. Currently, agricultural land has been categorized as green belt settlements, urbanized settlements, rural settlements etc.

Location of Agriculture Land	New Circle Rates (per acre)
South Delhi and New Delhi	Rs 5 Crores
North, West, Northwest and Southwest Delhi	Rs 3 Crores
Central and Southeast Delhi	Rs 2.5 Crores
Shahadra, Northeast, East Delhi	Rs 2.25 Crores

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

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.