All the colonies are listed alphabetically. “Circle rate is the minimum valuation on which land and immovable properties in … Better the locality, higher the circle rate. listeners: [], 2. 18-07-2007. New Delhi, June 18 (UNI) In what could be seen as an effort to check "black money" transactions in property, the Delhi Government today approved minimum rates (circle rates) for valuation of land and properties for purposes of registration under the Registration Act, 1908 in Delhi. Circle rates, introduced in 2007, are revised periodically. However the contents on this website are provided, maintained and updated by Department of Revenue, Govt. 2014. TNN . Talking about colonies B, though the minimum circle rate has moved up to Rs 2.04 lakh per square metre, the market rate is anywhere between Rs 5 lakh and Rs 8 lakh per square metre. Circle rate – 12m-18m Road. Regarding Indian Stamps(Delhi Second Amendment Act-2001) 17-08-2007. Buying A New Home? The "ONEINDIA" word mark and logo are owned by One.in Digitech Media Pvt. The Indian Stamp(Delhi Amendment Act) Act 2007. Areas like Anandlok, Defence Colony, Greater Kailash, Gulmohar Park, Green Park, Golf Links, Hauz Khas and Panchsheel Enclave. Neighborhood Name. The new circle rates of properties in Delhi will be 22% to 200% higher than earlier. Big relief for Noida home buyers as flats spared from circle rates hike from August 1 . event : event, So, next time when you want to register a property or calculate your property tax rate, I am sure you will find this list extremely useful. In other decisions, taken today in a Cabinet meeting presided over by Delhi Chief Minister Sheila Dikshit, the Cabinet also approved improvements in the Delhi Government Employees Health Scheme to make it more comprehensive, purposeful and employee friendly. Plinth area sqm . To Start receiving timely alerts please follow the below steps: Story first published: Monday, June 18, 2007, 21:10 [IST]. The circle rates were introduced in Delhi only in the year 2007. In Feb 2011, government had hiked the circle rates in Delhi by over 100%. Filter By Type. (E-1)/Part File/Vol1(ii)/3548 dt 18 / 07 / 2007 / Valuation Methods . These rates were notified under the provisions of Delhi Stamp (Prevention of Undervaluation of Instruments) Rules, 2007 on July 18, 2007. m. Ms Dikshit said the circle rates would come into force after the issue of a notification. Year constructed. View Details. 16-11-2007. A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification. mtr. The multipliers vary between 0.5 and 1.0 and are applicable for properties built before 1960 and after 2000, respectively. 1 (Pucca) Land Rate adopted: Rs. Keeping Your Budget Under Control on Vacation, 6 Destinations to Go on A Holiday This January, Inexpensive Holiday Gift Ideas And Money Saving Tips, Types of Intellectual Properties and their Significance. forms : { Scroll down the page to the “Permission” section . Categorisation of colonies used by the Municipal Corporation of Delhi (MCD) for determining House Tax has been adopted for computation of value of land and properties. Male and Female Joint Owners. Once the changes is done, click on the “Save Changes” option to save the changes. The stamp duty is normally payable on the transaction value but, to control the practice of under-reporting the value of a property at the time of registration, the circle rate was first notified in 2007 in Delhi. Ltd. Do you want to clear all the notifications from your inbox? This means nobody would be allowed to buy land and immovable properties in these colonies for less than Rs 6.45 lakh per square metre. 26-07-2007. The circle rate for agricultural land has been increased from Rs 53 lakhs per acre to Rs 2.25-5 crores per acre, depending upon the area. 4%. meter would be applicable for a flat upto plinth area of 30 sq. 2015. meter and Rs 13,000/- per sq. of Rs. Politique de confidentialité FILMube . Circle Rate in Delhi – Age Factor. Addressing the media following the meeting, Chief Minister Sheila Dikshit said the Cabinet has decided to have specific circle rates for 2,480 colonies and localities. Here click on the “Settings” tab of the Notification option. Delhi government has divided Delhi region into 8 different categories ranging from ‘A’ to ‘H’ depending on the localities on July 18, 2007. Today (31st Oct 2011) cabinet has again increased property circle rate in the range of 15% to 250% for sale and purchase of property in Delhi. List of government servants who have completed half-yearly age in the year 2020; Dated 29-06-2019 (Amendment) Notification No. Click on the “Options ”, it opens up the settings page. Circle rate – Up to 12m Road. List Your Property Free. NIC is not responsible for any kind of statistical discrepancy. Delhi Government has again revised the circle rates of Delhi Region and the same will come into effect from Dec 5, 2012. January 2015; February 2014; January 2014; December 2013; Categories. The introduction of circle rates in the city, a measure that was announced in this year's Delhi Budget, is being seen as a step to stem "black money" transactions in property. 2011. Circle Rate Agricultural Land; Rates of Registration Fee ... (Delhi) 2007. 63. }); List of colonies in Delhi by category See also: Circle rates in Gurgaon Authentication of software developed by NIC for valuation of Land & Properties. meter. Better the locality, higher the circle rate. The circle rate method to be used by MCD will be reviewed after every five years, says the finance minister AK Walia. Your email address will not be published. window.mc4wp.listeners.push({ 2012. 35. Case: I: Sale of an independent Residential House: Parameters: Colony. There were no circle rates in Delhi in 2001. Required fields are marked *. Where a flat is sold as a unit regardless of the age factor or categorisation of the colony in which the flat is located, depending upon the classification of the flat at Janta, LIG, MIG or HIG, the minimum rates would depend on its plinth area. Age Factor. as applicable to Delhi & registration fees under the Registration Act, 1908 in Delhi:- for 1. The rates in 2001 are required for the Valuation of Property for Capital Gain Tax purposes. 280. The minimum rate for valuation of land for residential use approved by the Cabinet are Category A - Rs.43,000/- per sq. 2011. meter; Rs 11,300/- for plinth area above 50 and upto 100 sq. Circle rate – 18m-24m Road 65. The Chief Minister said that such a decision to increase the existing circle rates was taken in order to mitigate the black money circulation in property transaction in Delhi. meter would be applicable as the minimum value of built up flats. On one hand this move will increase the revenue of the government in the form of stamp duty and registration fee, on the other hand it will mitigate the flow of black money in sale & purchase transactions on property. The Delhi government had first introduced the circle rates for the real estate properties in Delhi in July 2007. Stay tuned to Fingyan by following Fingyan Official Facebook Page and sign up for our free newsletter. callback: callback } Save my name, email, and website in this browser for the next time I comment. 5%. 3 bedroom ground floor park facing. FB-7- (B) 13-2014-2-Five- (27) dated August 8, 2014 Apart from this, it has given its nod for increase in intake in technical institutes functioning from Lal Dora/extended Lal Dora, affiliated with GGSIP University. 1 -Residential. Delhi government has divided Delhi region into 8 different categories ranging from ‘A’ to ‘H’ depending on the localities on July 18, 2007. The rates would be applicable for DDA colonies/cooperative and group housing societies. Circle rate for valuation of land and properties for purpose of registration under the registration act,1908 in Delhi. Land extent sqm. We will bring you the latest updates on the same as they happen. The rates approved are much below the prevalent rates of adjoining areas like Noida,''she said. })(); News On Last Revision In The Circle Rate Of Property In Delhi. Price : ₹ 35000000. What Is Circle Rate? Have You Evaluated The Property. mtr. meter; Rs 9,300/- for plinth area above 30 and upto 50 sq. 30,000/- per sq. Minimum Rate (Circle Rates) for valuation of land and properties for the purpose of payment of stamp duty under Indian Stamp Act. STF (Structure type factor) A. of N.C.T. 2001. 36. To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar. The circle rates were first introduced in Delhi in 2007 and were notified under the provisions of Delhi Stamp (Prevention of Undervaluation of Instruments ) Rules 2007. mtr. 2016. Tax implication if the market rate is lower than the circle rate . } In order to ensure that the property is not undervalued by the sellers and to prevent the black money transactions, the government defines the minimum circle rates for residential, commercial, industrial and public properties. Delhi Government hikes Circle rates. As per the rates approved by Delhi cabinet, Rs 6.45 lakh per square metre has been fixed as new circle rate for category A colonies like Greater Kailash, Defence Colony, Gulmohar Park, Panchsheel Enclave, Anandlok, Green Park, Golf Links and Hauz Khas. New Delhi, June 18 (UNI) In what could be seen as an effort to check "black money" transactions in property, the Delhi Government today approved minimum rates (circle rates) for … Regarding Indian Stamps(Delhi Second Amendment Act-2001) 17-08-2007. of NCT Delhi. Here’s the Complete Details of NEW CIRCLE RATES – Category wise. The categorization of properties is based on the MCD categorization. The government expects revenue to increase from current Rs 500 to Rs 700, a sign underlining rampant property undervaluation in the city, adds Walia. “Circle rate is the minimum valuation on which land and immovable properties in the city have to be registered with the Government. Rs 8,600/- per sq. Cette politique de confidentialité s'applique aux informations que nous collectons à votre sujet sur FILMube.com (le «Site Web») et les applications FILMube et comment nous utilisons ces informations. Property valuation to decide the circle rate in Delhi is affected by age factor depending on the year of construction. 0.9. Mrs Dikshit made it clear that her government would not effect any change in circle rates which have been determined on the calculations pertaining to year 2005. Delhi Online Registration Information System Govt. Per S . Residential. Delhi and in pursuanc~ of the provisions of rule 4 of the Delhi Stamp(Prevention of Under-valuation of Instruments) Rules, 2007, read with the Ministry of Home Affairs, Government of India Notification SO 1726(No.F .2/5/61-Judl-II) dated the 22nd July, 1961 200. Click on the Menu icon of the browser, it opens up a list of options. We have compiled a comprehensive list of 2600+ colonies of Delhi covering their categories (A to H), Ward Names and Zones as per MCD database. 60,000/- will be taken as the minimum value of built-up rate for DDA/Co-operative/Group Housing Socieities in place of existing rates of Rs. 34,100 Per Square Meter if (!window.mc4wp) { in July 2007. (12)/Fin. Property Tags. The table given below specifies the age multiplier as per the year of construction. feet) of plinth area for calculating cost of built up properties. Find out Delhi land or property rates with help of MCD new circle rate finder for different colonies with ward name, ward number, zone name and colony category. Delhi again under circle rates hike… Category – Ward – Zone – Colony of Delhi for Circle Rate; CIRCLE RATES – DELHI (REVISED as on 04/12/2012) THE REAL ESTATE (REGULATION AND DEVELOPMENT) BILL, 2013; Recent Comments Archives. Circle rate for valuation of land and properties for purpose of registration under the registration act,1908 in Delhi. 10-08-2007. PM Modi to flag off 8 connecting Statue of Unity in Kevadiya with various parts of nation, Maharashtra halts Covid-19 vaccination drive till Monday due to Co-Win app glitches, Covid-19 vaccination Day 1: 1 ‘severe’, 51 ‘minor’ cases of adverse events reported in Delhi. Commercial. Delhi chief minister Shiela Dikshit said the Cabinet took a “sympathetic view in effecting hike of the rates in colonies under categories C, D, E, F, G and H.” 18-07-2007. 62. Circle rates in Noida for residential units ( per sq m) Sectors. 64. In Delhi’s New Friends Colony, for example, the market rate is lower than the circle rate. These rates are applied to the amount at which the property is to be registered. For multi-storyed flats by private builders, a multiplicative factor of 1.25 shall be employed. From July 18, 2007 to February 07, 2011, the circle rates of real estate properties in Delhi were: Category A Colonies – Rs. by making 100% increase. Ms Dikshit added that new circle rates would simplify assessment of stamp duty and bring in transparency, simplicity and efficiency in the process of registration. The circle rate of properties is the system in which the Government fixes the minimum or maximum rate of the land depending on the categories of colonies it falls in. Only Verified Real Properties. } The HC made it clear that circle rate circulars issued by Delhi government from time to time since 2007 can no longer come in the way of registration of a property. It is the minimum rate that is notified by the government for transactions associated with property registration in Delhi. In Delhi, these rates were last revised in November 2012, when the rates were hiked by 200 per cent. } Check New Minimum landing rates for residential, commercial and industrial uses 2020 / 2019. Under Section 56 (2)(x) of the Income Tax Act, the difference is taxed as ‘other income’ for the buyer, if the market value of the property is lower than its circle rate value. Property Type. For Sale & For Rent . 2 BHK apartment for rent in Alaknanda. Rates increased for the first time since 2007 introduction Jasleen Kaur | October 12, 2010 The Delhi government on Monday decided to increase circle rates, used for valuation of land and immovable properties for the purpose of chargeability of the stamp duty on the instruments, by 100 percent. For multi-storied flats by private builders, a multiplicative factor of 1.25 would be applicable. Disclaimer : This website is Designed and Developed by NIC Delhi State Unit. e-Circle Rate Calculator My Sub Registrar Office.?? It has also decided to make no changes in circle rates for the next five years. on: function (event, callback) { Addressing newspersons after the Cabinet meeting, the Chief Minister said her government has taken into consideration all aspects during finalisation of circle rates in Delhi. ''It has been decided to adopt the most reasonable option which makes circle rates rational and below the market rates. Ready reckoner rate (It is based on which stamp duty is collected from property buyers by the Stamps and Registration Department) The ready reckoner rate is also known as the circle rate. In just 9 months government has again announced another hike in the circle rates of Delhi property by upto 250%. m; Category B : Rs 34,100/-; Category C - Rs 27,300/-; Category D - Rs 21,800; Category E - Rs 18,400/-; Category F - Rs 16,100/-; Category G - Rs 13,700/- and Category H - Rs 6,900/- per sq. Check The Category Of Your Locality For New Circle Rate : HERE, Areas like Andrews Ganj, Kalkaji, Munirka Vihar and Nehru Enclave, Check The Category Of Your Locality For New Circle Rates Delhi : HERE. Note for Council of Ministers. meter (Rs 500 per sq. Minimum Rates (Circle Rates) for valuation of land and properties for the purpose of payment of stamp duty under Indian stamp Act. Size : 1550 Sq.Feet. The rates were then notified to simplify the assessment of stamp duty and bring in transparency and efficiency in the process of registration. The main reason of revising circle rates in Delhi is to make the ‘Registration Amount’ closer to the market rate of the properties in Delhi. Here click on the “Privacy & Security” options listed on the left hand side of the page. meter for plinth area above 100 sq. The Cabinet has approved a different set of minimum rates for built up flats. 4.1 For flats in buildings having more than four storeys, a uniform rate per sq. 1995. window.mc4wp = { 37. Home » Learn » Property Prices Are Likely To Go Up With Revised/ New Circle Rates In Delhi. Regarding Indian Stamps(Delhi Second Amendment Act-2001), Supersession of Memo 4227,dated 17-08-2007 . Category of the locality Minimum rates for valuation of land residential use in Rs. Delhi. Your email address will not be published. 03-10-2007. Circle rates for agricultural private lands (Delhi) 1991. 43,000 Per Square Meter Category B Colonies – Rs. It has also fixed most reasonable average cost of construction of Rs 5,600/- per sq. 2008. Minimum land rate for Residential Use:- Table-I. Realty biz hit in Delhi as circle rates above market ones. South Delhi Homes. 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