2024 Circle Rate In Delhi

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Every property in India has a minimum value set by the state government, taking into consideration various factors. This minimum value, which is attached to properties, is referred to by different names throughout the country. In the northern states, it is commonly known as the circle rate. In this article, we provide a brief overview of the area-wise circle rates in Delhi for the year 2024. It is essential for buyers who are interested in purchasing land or property in the national capital to be aware of the prevailing circle rates. This knowledge ensures that they pay a fair price for the property. Additionally, understanding the circle rates helps buyers plan their purchase effectively, as these rates also impact the amount they need to pay for stamp duty and registration fees.

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How does circle rate in Delhi impact a homebuyer?

The circle rate in Delhi, also known as guidance value, collector rate, and ready reckoner rate, has a significant impact on homebuyers. It provides them with a clear understanding of the property\’s assigned value by the state government. Although the market rate of properties is often higher than the circle rate, knowing the circle rate in Delhi allows buyers to make informed decisions and negotiate better with sellers, even if they have to pay more than the government-assigned value. Furthermore, knowing the circle rate helps buyers determine the amount of money they will spend on their home purchase. This is crucial because states impose stamp duty and registration fees based on a certain percentage of the circle rate-value of the property. By being aware of the circle rate, buyers can accurately calculate these additional fees, which are mandatory for all property transactions.

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Circle Rate in Delhi for flats in 2024

Area DDA, society flats (per square metre) Private builder flats (per square metre) 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 apartment Rs 87,840 Rs 1.1 lakh 1.25

A square meter is equal to 10.76 square foot.

Circle Rate in Delhi for residentials and commercials plot in 2024

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

Circle Rate in Delhi for agricultural lands 2024

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

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Circle Rate in Delhi of land colonies in 2024

Area Land cost per sqm Construction cost
Lodi Road Industrial Area Rs 7.74 lakh Rs 21,960
Maharani Bagh Rs 7.74 lakh Rs 21,960
Nehru Place Rs 7.74 lakh Rs 21,960
New Friends Colony Rs 7.74 lakh Rs 21,960
Panchshila Park Rs 7.74 lakh Rs 21,960
Rajendra Place Rs 7.74 lakh Rs 21,960
Shanti Niketan Rs 7.74 lakh Rs 21,960
Sunder Nagar Rs 7.74 lakh Rs 21,960
Vasant Vihar Rs 7.74 lakh Rs 21,960
Anand Niketan Rs 7.74 lakh Rs 21,960
Basant Lok DDA Complex Rs 7.74 lakh Rs 21,960
Bhikaji Cama Place Rs 7.74 lakh Rs 21,960
Friends Colony Rs 7.74 lakh Rs 21,960
Friends Colony East Rs 7.74 lakh Rs 21,960
Friends Colony West Rs 7.74 lakh Rs 21,960
Golf Links Rs 7.74 lakh Rs 21,960
Kalindi Colony Rs 7.74 lakh Rs 21,960
Anand Lok Rs 2.46 lakh Rs 17,400
Andrews Ganj Rs 2.46 lakh Rs 17,400
Defence Colony Rs 2.46 lakh Rs 17,400
Greater Kailash I Rs 2.46 lakh Rs 17,400
Greater Kailash II Rs 2.46 lakh Rs 17,400
Greater Kailash III Rs 2.46 lakh Rs 17,400
Greater Kailash IV Rs 2.46 lakh Rs 17,400
Green Park Rs 2.46 lakh Rs 17,400
Gulmohar Park Rs 2.46 lakh Rs 17,400
Hamdard Nagar Rs 2.46 lakh Rs 17,400
Hauz Khas Rs 2.46 lakh Rs 17,400
Maurice Nagar Rs 2.46 lakh Rs 17,400
Munirka Vihar Rs 2.46 lakh Rs 17,400
Neeti Bagh Rs 2.46 lakh Rs 17,400
Nehru Enclave Rs 2.46 lakh Rs 17,400
Nizamuddin East Rs 2.46 lakh Rs 17,400
Pamposh Enclave Rs 2.46 lakh Rs 17,400
Panchsheel Park Rs 2.46 lakh Rs 17,400
Safdarjang Enclave Rs 2.46 lakh Rs 17,400
Sarvapriya Vihar Rs 2.46 lakh Rs 17,400
Sarvodaya Enclave Rs 2.46 lakh Rs 17,400
Civil Lines Rs 1.60 lakh Rs 13,920
East of Kailash Rs 1.60 lakh Rs 13,920
East Patel Nagar Rs 1.60 lakh Rs 13,920
Jhandewalan Area Rs 1.60 lakh Rs 13,920
Kailash Hill Rs 1.60 lakh Rs 13,920
Kalkaji Rs 1.60 lakh Rs 13,920
Lajpat Nagar I Rs 1.60 lakh Rs 13,920
Lajpat Nagar II Rs 1.60 lakh Rs 13,920
Lajpat Nagar III Rs 1.60 lakh Rs 13,920
Lajpat Nagar IV Rs 1.60 lakh Rs 13,920
Malviya Nagar Rs 1.60 lakh Rs 13,920
Masjid Moth Rs 1.60 lakh Rs 13,920
Munirka Rs 1.60 lakh Rs 13,920
Nizamuddin West Rs 1.60 lakh Rs 13,920
Panchsheel Extension Rs 1.60 lakh Rs 13,920
Punjabi Bagh Rs 1.60 lakh Rs 13,920
Som Vihar Rs 1.60 lakh Rs 13,920
Vasant Kunj Rs 1.60 lakh Rs 13,920
Alaknanda Rs 1.60 lakh Rs 13,920
Chittaranjan Park Rs 1.60 lakh Rs 13,920
New Rajinder Nagar Rs 1.28 lakh Rs 11,160
Old Rajinder Nagar Rs 1.28 lakh Rs 11,160
Rajouri Garden Rs 1.28 lakh Rs 11,160
Anand Vihar Rs 1.28 lakh Rs 11,160
Daryaganj Rs 1.28 lakh Rs 11,160
Dwarka Rs 1.28 lakh Rs 11,160
East End Apartments Rs 1.28 lakh Rs 11,160
Gagan Vihar Rs 1.28 lakh Rs 11,160
Hudson Line Rs 1.28 lakh Rs 11,160
Indraprastha Extension Rs 1.28 lakh Rs 11,160
Janakpuri Rs 1.28 lakh Rs 11,160
Jangpura A Rs 1.28 lakh Rs 11,160
Jangpura Extension Rs 1.28 lakh Rs 11,160
Jasola Vihar Rs 1.28 lakh Rs 11,160
Karol Bagh Rs 1.28 lakh Rs 11,160
Kirti Nagar Rs 1.28 lakh Rs 11,160
Mayur Vihar Rs 1.28 lakh Rs 11,160
Chandni Chowk Rs 70,080 Rs 9,360
East End Enclave Rs 70,080 Rs 9,360
Gagan Vihar Extension Rs 70,080 Rs 9,360
Hauz Qazi Rs 70,080 Rs 9,360
Jama Masjid Rs 70,080 Rs 9,360
Kashmere Gate Rs 70,080 Rs 9,360
Khirki Extension Rs 70,080 Rs 9,360
Madhuban Enclave Rs 70,080 Rs 9,360
Mahavir Nagar Rs 70,080 Rs 9,360
Moti Nagar Rs 70,080 Rs 9,360
Pahar Ganj Rs 70,080 Rs 9,360
Pandav Nagar Rs 70,080 Rs 9,360
Rohini Rs 70,080 Rs 9,360
Sarai Rihilla Rs 70,080 Rs 9,360
Zakir Nagar Okhla Rs 56,640 Rs 8,220
Anand Parbat Rs 56,640 Rs 8,220
Arjun Nagar Rs 56,640 Rs 8,220
Daya Basti Rs 56,640 Rs 8,220
Dilshad Colony Rs 56,640 Rs 8,220
Dishad Garden Rs 56,640 Rs 8,220
BR Amdedkar Colony Rs 56,640 Rs 8,220
Ganesh Nagar Rs 56,640 Rs 8,220
Govindpuri Rs 56,640 Rs 8,220
Hari Nagar Rs 56,640 Rs 8,220
Jangpura B Rs 56,640 Rs 8,220
Madhu Vihar Rs 56,640 Rs 8,220
Majnu Ka Tila Rs 56,640 Rs 8,220
Mukheree Park Extension Rs 56,640 Rs 8,220
Nand Nagri Rs 56,640 Rs 8,220
Uttam Nagar Rs 56,640 Rs 8,220
Ambedkar Nagar Jahangirpuri Rs 46,200 Rs 6,960
Amdedkar Nagar East Delhi Rs 46,200 Rs 6,960
Amber Vihar Rs 46,200 Rs 6,960
Dabri Extension Rs 46,200 Rs 6,960
Dakshinpuri Rs 46,200 Rs 6,960
Dashrath Puri Rs 46,200 Rs 6,960
Hari Nagar Extension Rs 46,200 Rs 6,960
Vivek Vihar Phase I Rs 46,200 Rs 6,960
Tagore Garden Rs 46,200 Rs 6,960
Sultanpur Majra Rs 23,280 Rs 3,480

Factors that impact of circle rate in Delhi 

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

Type of properties

While circle rates are lower for residentials property in Delhi, they are comparatively higher for commercials property.

Age of the properties

The age of the property is also considered while determining the circle rate of property in the national capital.

Circle rate in Delhi: Age Factors

Factor Rate
Pre-1960 0.5
1960-69 0.6
1970-79 0.7
1980-89 0.8
1990-1999 0.9
2000 onwards 1

list official document of Circle rate in Delhi 

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Facilities in the areas

The more the facilities, the higher circle rate in Delhi.

Locality

The higher the market value, the higher circle rate in Delhi.

Categories type of the area

According to the Delhi Master Plan 2001, Delhi is categorized into 15 zones. Urban Delhi consists of 8 zones (from A to H), Urban Extension & Rural Areas consist of 6 zones (from J to N and P), and 1 zone (O) is designated as a river and river front area. Each zone has the potential to be further divided into sub-zones. The circle rates of properties in upscale areas of Delhi consistently surpass those in other regions. Category A is home to Delhi\’s most luxurious neighborhoods, while Category H encompasses the least valuable areas in the city. Further elaboration on this subject will be provided in the subsequent sections of this article.

List of colonies in Delhi by categories

Category A

Friends Colony East

Friends Colony West

Golf Links

Kalindi Colony

Lodi Road Industrial Area

Maharani Bagh

Nehru Place

New Friends Colony

Panchshila Park

Rajendra Place

Shanti Niketan

Sunder Nagar

Vasant Vihar

Anand Niketan

Basant Lok DDA Complex

Bhikaji Cama Place

Friends Colony

Category B

Sarvapriya Vihar

Sarvodaya Enclave

Anand Lok

Andrews Ganj

Defence Colony

Greater Kailash-I

Greater Kailash-II

Greater Kailash-III

Greater Kailash-IV

Green Park

Gulmohar Park

Hamdard Nagar

Hauz Khas

Maurice Nagar

Munirka Vihar

Neeti Bagh

Nehru Enclave

Nizamuddin East

Pamposh Enclave

Panchsheel Park

Safdarjang Enclave

Category C

Alaknanda

Chittaranjan Park

Civil Lines

East of Kailash

East Patel Nagar

Jhandewalan Area

Kailash Hill

Kalkaji

Lajpat Nagar-I

Lajpat Nagar-II

Lajpat Nagar-III

Lajpat Nagar-IV

Malviya Nagar

Masjid Moth

Munirka

Nizamuddin West

Panchsheel Extension

Punjabi Bagh

Som Vihar

Vasant Kunj

Category D

Jasola Vihar

Karol Bagh

Kirti Nagar

Mayur Vihar

New Rajinder Nagar

Old Rajinder Nagar

Rajouri Garden

Anand Vihar

Daryaganj

Dwarka

East End Apartments

Gagan Vihar

Hudson Line

Indraprastha Extension

Janakpuri

Jangpura A

Jangpura Extension

Category E

Chandni Chowk

East End Enclave

Gagan Vihar Extension

Hauz Qazi

Jama Masjid

Kashmere Gate

Khirki Extension

Madhuban Enclave

Mahavir Nagar

Moti Nagar

Pahar Ganj

Pandav Nagar

Rohini

Sarai Rohilla

Category F

Majnu Ka Tila

Mukheree Park Extension

Nand Nagri

Uttam Nagar

Zakir Nagar Okhla

Anand Parbat

Arjun Nagar

Daya Basti

Dilshad Colony

Dilshad Garden

BR Ambedkar Colony

Ganesh Nagar

Govindpuri

Hari Nagar

Jangpura B

Madhu Vihar

Category G

Ambedkar Nagar Jahangirpuri

Ambedkar Nagar East Delhi

Amber Vihar

Dabri Extension

Dakshinpuri

Dashrath Puri

Hari Nagar Extension

Vivek Vihar Phase-I

Tagore Garden

Category H

Sultanpur Majra

How to check the circle rate in Delhi in 2024?

Step 1: To find circle rates in Vasant Kunj, visit the official website of revenue department of the Delhi government (https://revenue.delhi.gov.in/).

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Step 2: On the home page, click on the Notice Board option.

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Step 3: Under the Notice Board options, click on Previous Notifications.

Step 4: Now select year 2014, the last time circle rates in Delhi were revised.

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Step 5: The updated circle rate document is now available for download. Within the document, you can review the revised circle rates for all areas in Delhi.

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How to calculate circle rates in Delhi?

Home buyers and investors must be aware that the property registration process in Delhi, along with charges like stamp duty, is determined by the higher value between the declared property value and the price calculated according to the circle rate applicable for the specific sector or area in Delhi. Typically, commercial properties tend to have higher circle rates compared to residential properties. This can also vary depending on the property type and age. Properties constructed post the year 2000 have a maximum multiplier of 1, while older buildings fall within the range of 0.5-0.9. To determine the circle rates in Delhi, individuals can access the Delhi government’s online registration information system.

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Alternatively, you can follow the below steps to calculate the circle rate in Delhi.

Step 1: Determine whether the property is used for residential or commercial purpose.

Step 2: Consider the type of property – whether it is a flats, apartments, independent houses, or a plots of land. The circle rates of different property types vary, even if they fall in the same area.

Step 3: Factor in the ‘age multiplier’ to arrive at property valuation and determine the circle rate accordingly.

Type of property How to calculate?
Independent plot Multiply plot area with the applicable circle rate (in Rs/sq metre).
Builder floors, DDA flats, society flats Multiply minimum construction cost with the built-up area (in sq metres). Now, multiply the product with the applicable age factor.
For multi-storey flats Multiply flat’s built-up area with the applicable circle rates for the multistoried flats (in Rs/sq meter).
For house constructed on a plot Multiply plot area with the applicable circle rate for the land in the respective locality.

Multiply house’s built-up area with the minimum construction cost. Multiply the product with the applicable age factor for the construction.

How to calculate property value of circle rate in Delhi?

  1. To determine the value of a property based on the circle rate, follow these steps:
  2.  Determine the property\’s built-up area, plot area, age of construction, amenities, and number of floors.
  3. Identify the type of property, whether it is a residential or commercial unit, plot, house, apartment, builder floor, or shop.
  4. Choose the locality where the property is situated.
  5. Calculate the minimum assessment figure based on the circle rates provided.

The formula for calculating the property value is as follows: Property value = Built-up area (in square meters) x circle rate for the locality (in Indian Rupees per square meter).

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