Circle rate in New Delhi is the minimum property value set by the Delhi government for stamp duty calculation and property registration. Understanding current circle rates across Delhi's localities and property types helps you estimate actual property costs, plan financing, and calculate stamp duty liability when buying or registering property.
If you are planning to buy property in New Delhi, knowing the circle rates can help you zero down on the properties that match your budget. It can also help you know how much home loan you would need to apply for to buy the property as you can arrive at an estimate of the actual cost of the property based on the circle rate.
The income tax department states that the value that state governments use to calculate stamp duty when transferring immovable property is known as the circle rate. In simple terms, a circle rate refers to the state-mandated value that is assigned to land. The circle rates are subject to regular adjustments, with the goal of maintaining them in close alignment to the average market rate for properties.
The circle rates vary from one area to another in a city. In premium locations, they are higher, but in other areas, they are relatively lower.
The table below shows current circle rates in New Delhi, organised by property size and category (multistorey flats, DDA society flats, and private colonies). Rates are per square metre and should be multiplied by your property's built-up area to calculate the assessed value for stamp duty.
Area | Private builder flats | DDA society flats | Multiplying factors for private colonies |
Multistorey flats | Rs.1.1 lakh | Rs.87,840 | 1.25 |
More than 100 square metres | Rs.95,250 | Rs.76,200 | 1.25 |
50 to 100 square metres | Rs.79,488 | Rs.66,240 | 1.2 |
30 to 50 square metres | Rs.62,652 | Rs.54,480 | 1.15 |
Up to 30 square metres | Rs.55,440 | Rs.50,400 | 1.1 |
Land cost (per sq metre) | Construction Cost: Commercial (per sq metre) | Construction Cost: Residential (per sq.metre) |
Rs.7.74 lakh | Rs.25,200 | Rs.21,960 |
Rs.2.46 lakh | Rs.19,920 | Rs.17,400 |
Rs.1.6 lakh | Rs.15,960 | Rs.13,920 |
Rs.1.28 lakh | Rs.12,840 | Rs.11,160 |
Rs.70,080 | Rs.10,800 | Rs.9,360 |
Rs.56,640 | Rs.9,480 | Rs.8,220 |
Rs.46,200 | Rs.8,040 | Rs.6,960 |
Rs.23,280 | Rs.3,960 | Rs.3,480 |
Circle rates for agricultural land in Delhi have been substantially increased since 2019 to reflect market realities. Rates are now reported in Rs crore per acre and vary by district and land classification (urbanised villages, rural villages, green belt villages).
District | Urbanised villages (in Rs crore per acre) | Rural villages (in Rs crore per acre) | Green belt villages (in Rs crore per acre) |
New Delhi | 5 | 5 | 5 |
North | 3 | 3 | 3 |
South | 5 | 5 | 5 |
East | 2.3 | 2.3 | NA |
West | 3 | 3 | 3 |
Central | 2.5 | 2.5 | NA |
North-west | 3 | 3 | 3 |
South-west | 4 | 3 | 3 |
South-east | 4 | 2.5 | NA |
North-east | 2.3 | 2.3 | NA |
Shahdara | 2.3 | 2.3 | 2.3 |
Area | Cost of Land per sq. metre | 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 |
When calculating circle rates for constructed property, an age multiplier is applied to the base rate to adjust for building age. This recognises depreciation and reflects the property's remaining useful life.
Factor | Rate |
2000 onwards | 1 |
1990-2000 | 0.9 |
1980-89 | 0.8 |
1970-79 | 0.7 |
1960 - 69 | 0.6 |
Pre 1960 | 0.5 |
An important part of the price of a property is its stamp duty charges. You can plan ahead with your home loan or funds if you know how much stamp duty you will have to pay on your property. To know this, you can calculate the property value using the circle rate using the steps given below:
Step 1: Calculate the property's built-up area, plot area, age of construction, amenities, floors, etc.
Step 2: Choose the type of property (residential or commercial unit, plot, house, apartment, builder floor, or shop).
Step 3: Select the locality of the property.
Step 4: Calculate the minimum assessment figure as per the circle rates given.
The formula for calculating the property value is as given below:
Property value = Built-up area (in square metres) x circle rate for the locality (In Rs./square metres)
Circle rates in Delhi reflect multiple factors. The primary drivers include the locality's infrastructure, connectivity and amenities; proximity to commercial hubs and transport; property category (A through H, with A commanding the highest rates); property type (residential rates typically lower than commercial); and age multiplier for constructed properties (newer properties have higher multipliers). Rates are reviewed periodically to align with evolving market conditions.
Circle rate is the minimum value set by the Delhi government for property assessment during registration and stamp duty calculation. It matters because stamp duty liability, typically 5-6% of the property transaction value in Delhi—is calculated based on the circle rate or market value, whichever is higher. Understanding current circle rates helps you budget for total acquisition costs and plan home loan amounts accurately.
You can find circle rates for specific Delhi localities via the official Revenue Department of Delhi website or the e-Property portal (eproperty.delhi.gov.in). Most property portals and real estate agents also maintain updated circle rate data. This page provides comprehensive tables for major Delhi localities, but you should verify with official sources when transacting property.
Circle rate is the government's benchmark minimum value for a property in a given area, whilst market rate is the actual price at which a property sells between buyers and sellers. Market rates are typically higher than circle rates; however, stamp duty is calculated on whichever is higher to prevent undervaluation. Circle rates are revised periodically, but market rates fluctuate continuously based on demand, supply and economic conditions.
The Delhi government revises circle rates periodically—typically annually or biannually—to keep them aligned with market trends. However, revisions are not on a fixed schedule; they are made as needed to reflect changes in property values across different localities and property categories. It is advisable to check the official Revenue Department website for the latest notification.
Yes, in some cases circle rates can exceed market rates, particularly in localities experiencing slower appreciation or in areas with weaker demand. However, this is uncommon. When circle rate exceeds market rate, stamp duty is still calculated on the circle rate to ensure minimum tax compliance. Conversely, states regularly revise circle rates upward to narrow the gap.
Circle rates were formally introduced in Delhi in 2007 under the Delhi Stamp (Prevention of Undervaluation of Instruments) Rules, 2007. This regulation was established to prevent undervaluation of properties during registration and to ensure consistent stamp duty collection.
Registration charges in Delhi are 1.00% of the transaction value with an additional registration fee of Rs.100. Stamp duty is typically 5-6% of the property value (or circle rate, whichever is higher) for most states, though rates vary by state and property type. Delhi-specific rates should be confirmed with the current Revenue Department guidelines.
The lowest circle rate for residential property in Delhi is Rs.18,624 per square metre [TO CONFIRM: verify current base rate], which applies to the least developed residential localities. Circle rates vary significantly by locality, premium areas like Vasant Vihar and Golf Links command rates of Rs.7.74 lakh per square metre, whilst developing areas have substantially lower rates. Always check locality-specific rates before valuation.
Circle rates for agricultural land in Delhi range from Rs.2.3 crore to Rs.5 crore per acre, depending on district and land classification (urbanised villages, rural villages, or green belt villages). These rates have increased significantly since 2019 [TO CONFIRM]. Verify current rates with the Revenue Department for your specific district and classification.
Circle rates are determined by locality infrastructure (connectivity, amenities, commercial proximity); category rating (A-H, with A highest); property type (residential vs. commercial); construction age (via age multipliers); and market-value alignment objectives set by the government. Revisions reflect assessed changes in neighbourhood appeal and accessibility.
Rising circle rates directly increase stamp duty liability, which raises total acquisition costs for buyers. This can moderate buyer demand and sometimes soften market prices. Conversely, rising rates signal government recognition of neighbourhood appreciation. The net effect on property prices depends on local economic conditions and demand elasticity.
Property value is calculated using the formula: Built-up area (in square metres) × circle rate for the locality (in Rs./square metre). For land plots, multiply plot area by the land circle rate. For constructed property, apply the age multiplier (e.g., 0.9 for property built 1990-2000) to the base rate. The resulting value is used to compute stamp duty and registration fees.

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