Effective Date: Latest Circle Rates in Delhi are effective from 23 Sep 2014.
Lt. Governor of the National Capital Territory of Delhi revised and notified, the minimum rates (circle rates in delhi) on 22 Sep 2014 to be effective from 23 Sep 2014. These rates shall be taken into consideration for registration of instruments relating to lands and immovable properties in Delhi by all Registering Authorities under the provisions of the Indian Stamp Act, 1899 and the Indian Registration Act 1908 as in force in Delhi at the time of registration of instruments.
Minimum Rates (Circle Rates in Delhi) for valuation of land and properties for the purpose of payment of stamp duty under Indian Stamp Act, as applicable to Delhi & registration fees under the Registration Act, 1908 in Delhi are as follows.
1. Circle Rates in Delhi – Residential Use
Minimum land rate for Residential Use:
|
Category of the locality |
Minimum rate for valuation of land for residential use (in Rs. Per sq mtr.) |
|
A |
774000 |
| B |
245520 |
|
C |
159840 |
| D |
127680 |
|
E |
70080 |
| F |
56640 |
|
G |
46200 |
| H |
23280 |
2. Circle Rates in Delhi – Commercial, Industrial and Other Uses
The following multiplying factors shall be employed to the above minimum land rates of residential use, to arrive at the cost of land under other following uses:
|
Use* |
Public Utility eg. Private school, colleges, hospitals | Industrial | Commercial |
|
Factor |
2 | 2 | 3 |
*Definitions are as per unit area property tax system.
3. Circle Rates for cost of construction:
3.1 The base unit rate of cost of construction will be:
|
Category of the locality |
Minimum rates of construction for residential use (in Rs. per sq mtr.) | Minimum rates of construction for commercial use (in Rs. per sq mtr.) |
| A | 21960 |
25200 |
|
B |
17400 | 19920 |
| C | 13920 |
15960 |
|
D |
11160 | 12840 |
| E | 9360 |
10800 |
|
F |
8220 | 9480 |
| G | 6960 |
8040 |
|
H |
3480 | 3960 |
3.2 In order to take into account the age of structures, the following multiplying factor shall be employed to the minimum cost of construction mentioned above:
|
Year of completion |
Prior to 1960 | 1960-69 | 1970-79 | 1980-89 | 1990-2000 | 2000 onwards |
|
Age Factor |
0.5 | 0.6 | 0.7 | 0.8 | 0.9 | 1.0 |
3.3 To calculate the valuation of different structures, the multiplying factors to the above minimum cost of construction shall be employed under colonies in G and H category:
|
Structure Type |
Pucca | Semi-Pucca | Katcha |
| Multiplicative Factor | 1.0 | 0.75 |
0.5 |
4. Circle Rates in Delhi – Built Up Flats
4.1 Minimum rates of built-up flats upto four storey:
|
Category of flats depending on plinth area (sq. mtr.) |
Minimum built-up rate (in rupees per sq. mtr.) for DDA colonies and group housing societies (in case of residential use) | Minimum built-up rate (in rupees per sq. mtr.) for DDA colonies/ cooperative housing societies (in case of commercial use) | Multiplying factors for private colonies |
| Up to 30 sq mtr | 50400 | 57840 |
1.10 |
|
Above 30 and upto 50 sq mtr |
54480 | 62520 | 1.15 |
| Above 50 and upto 100 sq mtr | 66240 | 75960 |
1.20 |
|
Above 100 sq mtr |
76200 | 87360 | 1.25 |
4.2 For the flats having more than four storeys, a uniform rate per sq. mtr. of Rs. 87840/- will be taken as a minimum value of built up rate for residential purpose. Whereas in case where the same is used for commercial purpose, a uniform rate per sq. mtr. of Rs. 100800/- will be taken as a minimum value of built up rate for commercial purpose. For multi-storey flats by private builders, a multiplicative factor of 1.25 shall be employed.
Note: Where part plinth area, say one floor, of an independent property other thant a flat is sold, the relevant minimum land cost may be taken for the proportionate plinth area sold, and minimum cost of construction applied on plinth area sold.