What is circle rate in Delhi?

2 min read

The circle rate in Delhi (also known as Delhi circle rates) is the minimum property value set by the government for property transactions. It directly impacts property prices, stamp duty, and loan eligibility.

Whether buying, selling, or applying for a loan, understanding the new circle rate in Delhi 2026 helps you avoid undervaluation and legal issues.

 

Key Highlights:

  • Determines minimum property registration value
  • Impacts stamp duty & registration charges

Why are circle rates important in Delhi?

The circle rate in Delhi serves as the minimum benchmark value for property transactions. It helps prevent undervaluation during registration and ensures fair tax collection.

Circle rates impact:

 

  • Property registration value
  • Stamp duty calculation
  • Registration charges
  • Home loan eligibility
  • Loan against property valuation
  • Capital gains assessment

Understanding updated circle rates in Delhi helps buyers and sellers make informed property decisions.

What is circle rate?

The circle rate in Delhi is the minimum price fixed by the government for property registration in a specific area.

Important Rule:
Stamp duty is calculated on the higher of:

  • Circle rate value
  • Actual transaction value

Example:
If property value = ₹80 lakh
Circle rate value = ₹90 lakh
Stamp duty will be calculated on ₹90 lakh

Updated circle rates in Delhi 2026

 

Category

Land Cost (₹/sq.m)

Commercial Cost

Residential Cost

A

7.74 lakh

25,200

21,960

B

2.46 lakh

19,920

17,400

C

1.60 lakh

15,960

13,920

D

1.28 lakh

12,840

11,160

E

70,080

10,800

9,360

F

56,640

9,480

8,220

G

46,200

8,040

6,960

H

23,280

3,960

3,480


Circle rate in Delhi for residential plots

Residential plots within the administrative area falling under New Delhi Municipal Corporation (NDMC) are divided into categories ranging from A to H.

Here is a table that specifies the circle rate in Delhi for all the categories of residential plots.

Categories

Cost of construction/ sq. metre. (in Rupees)

Cost of land/ sq. metre (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

Circle rate in Delhi for flats

Similar to the circle rates for residential plots, the Delhi Government separately notifies the rates for flats across the city. They are divided into five categories depending on the area they cover and type.

Area of flats

Rates for private builder flats (in Rupees)

Rates for DDA/ society flats (in Rupees)

Multi-storied apartments

1,10,000

87,840

Above 100 sq. metres

95,250

76,200

Between 50 and 100 sq. metres

79,488

66,240

Between 30 and 50 sq. metres

62,652

54,480

Within 30 sq. metres

55,440

50,400


Circle Rate in Delhi for Agricultural Land

District

Urbanised District (in Rs crore per acre)

Rural District (in Rs crore per acre)

New Delhi

5

5

North

3

3

South

5

5

East

2.3

2.3

West

3

3

Central

2.5

2.5

North-west

3

3

South-west

4

3

South-east

4

2.5

North-east

2.3

2.3

Shahdara

2.3

2.


Factors affecting circle rate in Delhi

Circle rates in Delhi vary in different areas based on factors like:

  • The facilities available
  • The area’s market value
  • Presence of other amenities

Based on these factors, the areas are divided among eight categories from A to H, as mentioned above. While areas with the highest values and high-end amenities fall under category A, it diminishes for subsequent categories, with areas carrying the lowest value falling under category H.

Circle rates in Delhi determine property valuation and can significantly influence your borrowing capacity. If you are looking for long-term financing, a loan against property offers high-value funding with flexible repayment options. Whether it's for business expansion or personal needs, loan against property from Bajaj Finance provides an affordable solution backed by your property. Get access to large funds with the flexibility to part-prepay your Flexi Loan at no extra cost.

As for flats, the circle rates further differ depending on the builders, namely:

Following are the parameters on which circle rates can differ:

  • Flats constructed by private builders
  • DDA or society flats

When the lender assesses a property loan application, the valuation during purchase/ sale follows these considerations to determine the valuation of the property to be mortgaged.

How to calculate property value using Delhi circle rates

  1. Identify property type (flat, plot, house)
  2. Check locality category (A–H)
  3. Find applicable circle rate
  4. Calculate using formula:

Property Value =
(Land Area × Circle Rate) + (Construction Cost × Age Factor)

What is the age factor for the circle rate in Delhi?

Property valuation to decide the circle rate in Delhi is affected by the age factor depending on the year of construction. The multipliers vary between 0.5 and 1.0 and are applicable for properties built before the year 1960 and after 2000, respectively.

The table given below specifies the age multiplier as per the year of construction.

Age of Property

Multiplier

After 2000

1.0

1990–2000

0.9

1980–1989

0.8

1970–1979

0.7

1960–1969

0.6

Before 1960

0.5


Stamp duty rate for registering property in Delhi

Stamp Duty on Circle Rate in Delhi

  • Male: 6%
  • Female: 4%
  • Joint ownership: 5%

Registration Charges

  • 1% of property value
  • ₹100 pasting fee

Registry charges for property registration in Delhi

The registration charge is an additional fee levied over and above the stamp duty during property registration. The charge covers the expenses required to meet the running expenses of the registrar’s office.

The applicable registry charges for properties in Delhi stand at 1% of the valuation. A pasting fee of Rs. 100 is also applicable.

With property prices influenced by circle rates in Delhi, you can now use your property to meet urgent financial requirements. A loan against property allows you to monetize your asset without selling it, providing a reliable way to manage large expenses. From education to medical emergencies, loan against property offers financial security when you need it most. Enjoy lower EMIs starting from Rs. 750/lakh* and longer repayment tenures.

How should you calculate the value of the property using the circle rate in Delhi for stamp duty payment?

These are the steps to calculate property value using the circle rate in Delhi. Stamp duty is paid on this valuation during property purchase.

  1. Determine the property’s built-up area and other factors like property age, floor area, available amenities, etc
  2. Choose the type of property from plots, apartments, flats, etc
  3. Next, choose the area/ locality of the property as categorized on the Delhi registrar’s official website
  4. Compute the minimum assessment value through the following calculation after considering the applicable circle rate in Delhi
  • For independent plot builder floors:
  • Multiply the plot area’s proportionate share (in sq. metres) with the area’s applicable circle rate (in Rs./ sq. metre)
  • Multiply minimum construction cost (in Rs./ sq. metre) with the built-up area (in sq. metres). Now, multiply the product with the applicable age factor.
  • For residential apartments (Including society/ DDA/ builder flats):
  • The calculation for flats in 4-storeyed buildings:
    Multiply the flat’s built-up area (in sq. metres) with the flat’s applicable circle rate (in Rs./ sq. metre).
  • Calculation of multi-storeyed flats:
    Multiply the flat’s built-up area (in sq. metres) with applicable circle rates for multi-storeyed flats (in Rs./ sq. metre).
  • For house constructed on a plot:
  • Multiply plot area (in sq. metres) with the applicable circle rate for the land in the respective locality (in Rs./ sq. metre)
  • Multiply the house’s built-up area (in sq. metres) with minimum construction cost (in Rs./ sq. metre). Multiply the product with the applicable age factor for the construction.
  • For plots:
  • Multiply plot area (in sq. metres) with the applicable circle rate for the land in the respective locality (in Rs./ sq. metre)
  • Now, look at areas falling under the eight categories for the determination of circle rate in Delhi.

Impact of circle rate on property buyers & sellers

Circle rate directly influences property transactions as it sets the minimum value at which a property can be registered. For buyers, it may increase the overall cost since stamp duty and registration charges are calculated based on the higher of circle rate or actual transaction value.

Category-wise classification of areas in Delhi

Categories

Areas covered

Category A

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 B

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 C

Alaknanda, Civil Lines, East Patel Nagar, Kailash Hill, Chittranjan 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 D

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 E

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 F

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, Dishad Garden, Ganesh Nagar, Hari Nagar, Madhu Vihar

Category G

Ambedkar Nagar Jahangirpuri, Amber Vihar, Dakshinpuri, Hari Nagar Extension, Tagore Garden, Ambedkar Nagar East Delhi, Dabri Extension, Dashrath Puri, Vivek Vihar Phase I

Category H

Sultanpur Majra


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How to check Delhi circle rates online?

  1. Visit the Delhi Revenue Department portal.
  2. Select Circle Rate Information.
  3. Choose district and locality.
  4. Check applicable categories.
  5. View latest Delhi circle rates.

Difference between market value and circle rate in Delhi

Factor

Circle Rate

Market Value

Fixed By

Government

Market Demand

Purpose

Registration

Transaction

Revision

Periodic

Continuous

Usage

Stamp Duty

Buying/Selling


Conclusion

The circle rate in Delhi serves as the foundation for property valuation, registration, and taxation across the capital. Understanding updated Delhi circle rates helps property buyers, sellers, and investors estimate registration costs, stamp duty liabilities, and overall transaction expenses more accurately. Since stamp duty is calculated on the higher of the transaction value or applicable circle rate, checking the new circle rate in Delhi 2026 before entering a property transaction is essential. Staying informed about Delhi circle rates can help ensure compliance, prevent disputes, and support better financial planning when purchasing, selling, or leveraging property for funding requirements.

Related Circle Rates in India

Circle rates vary across Indian states and cities, representing the government’s minimum property valuation for registration and stamp duty calculation, directly influencing real estate transactions and taxation.

Circle Rate In Gurgaon

Circle Rate Ghaziabad

Circle Rate Dehradun

Circle Rate In Lucknow

Circle Rate In Noida

Circle Rate Meerut

Circle Rate Varanasi

Circle Rate In Greater Noida

Circle Rate In Agra

Circle Rate In Kanpur

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FAQs of Circle rates in Delhi 2023

What is the circle rate example?

The circle rate, also known as the guidance value, is the minimum value at which a property can be registered and is set by the government for different localities. It's used to calculate stamp duty and registration charges during property transactions. For example, if the circle rate for a specific area in Bangalore is set at Rs. 5,000 per square foot, a property with a built-up area of 1,000 square feet would have a minimum property value of 50 lakhs for registration purposes. The actual market value of the property may differ from the circle rate. The circle rate prevents underreporting of property values in transactions and ensures that the government collects the appropriate taxes.

What are circle rates in Delhi?

Circle rate is a factor which is considered when determining property value during purchase or sale. According to revised circle rates in Delhi, the lowest rate for residential plot is Rs. 18,624.

How to find circle rate in Delhi?

Follow the below steps to find the circle rate in Delhi:

  1. Visit the official website of the Delhi government's Revenue Department
  2. Locate the section for "Circle Rates" or "Guidance Values”
  3. Choose your property's area or locality
  4. Ensure you're looking at the most recent rates for the current financial year
  5. Contact local authorities or professionals for assistance if needed

Circle rates are the minimum property values used for stamp duty and registration, and they can vary by location. Actual property values may differ from these rates, but they are essential for property transactions in Delhi.

What are registration charges of circle rate in Delhi?

The applicable registry charges of circle rates in Delhi stand at 1% of the transaction value. Besides this, a pasting fee of Rs. 100 is also applicable.

How often are circle rates revised in Delhi?

Circle rates in Delhi are revised periodically by the government, usually every few years. There is no fixed annual schedule, as revisions depend on market trends, inflation, and policy decisions.

Can property be registered below circle rate in Delhi?

Property in Delhi generally cannot be registered below circle rate. Stamp duty is calculated on higher of circle rate or transaction value, ensuring compliance and preventing undervaluation in property deals.

What happens if transaction value is lower than circle rate?

If transaction value is lower than circle rate, stamp duty is calculated on circle rate instead. Buyers must pay higher duty, and authorities may question undervalued transactions during registration process.

Are circle rates same across all areas in Delhi?

Circle rates are not same across all areas in Delhi. They vary by locality, zone, property type, and usage category, reflecting differences in infrastructure, demand, and development levels across city.

Difference between market rate and circle rate in Delhi?

Market rate is actual price at which property is bought or sold, while circle rate is government fixed minimum value used for registration and stamp duty calculation purposes in Delhi.

How can I find the circle rate category of my locality in Delhi?

You can find the circle rate category of your locality in Delhi by visiting the Delhi government's Revenue Department or Department of Stamps and Registration website. Delhi properties are classified into categories such as A to H based on location and infrastructure. By selecting your colony or locality, you can check the applicable circle rate. You may also consult the local Sub-Registrar Office for accurate and updated information regarding your property's category.

Are Delhi circle rates revised every year?

Delhi circle rates are not necessarily revised every year. The Delhi government reviews them periodically based on market trends, property demand, infrastructure development, and real estate values. While revisions may occur when authorities deem them necessary, the rates can remain unchanged for several years. Property buyers and sellers should always verify the latest applicable circle rates before executing a transaction, as these rates influence stamp duty calculations and property registration values.

Can property be registered below the circle rate in Delhi?

No, property registration in Delhi generally cannot be carried out below the applicable circle rate for stamp duty purposes. Even if the actual transaction value is lower, stamp duty and registration charges are typically calculated on the higher of the sale consideration or the circle rate value. This rule helps prevent undervaluation of properties and tax evasion. Buyers should account for circle rates when estimating the total cost of property acquisition.

What is the difference between collector rate and circle rate in Delhi?

Collector rate and circle rate generally refer to the minimum value assigned by the government for property transactions. While some states use the term collector rate, Delhi commonly uses the term circle rate. Both serve the same purpose of determining the minimum valuation for calculating stamp duty and registration charges. The terminology may differ across states, but the objective remains to establish a benchmark property value and reduce underreporting of transaction prices.

Do circle rates apply to inherited properties?

Circle rates may apply to inherited properties when ownership is transferred through sale, gift, partition, or certain legal transactions requiring valuation. Although inheritance itself may not attract stamp duty in many cases, circle rates are often used to determine the property's value for registration and related legal purposes. They may also be relevant when the inherited property is subsequently sold or transferred. Property owners should consult applicable regulations before initiating any transaction.

Are Delhi circle rates different for commercial and residential properties?

Yes, Delhi circle rates differ for commercial and residential properties. Commercial properties generally attract higher circle rates because they have greater income-generating potential and market demand. The applicable rate depends on factors such as property category, location, land use, building type, and usage. Industrial and institutional properties may also have separate valuation criteria. Buyers and investors should verify the correct property classification before estimating registration costs and transaction expenses.

How can I challenge an incorrect circle rate assessment?

If you believe a circle rate assessment is incorrect, you may approach the relevant revenue authority or Sub-Registrar Office with supporting documents. Evidence such as property records, valuation reports, site plans, and transaction details may help support your case. Authorities may review the assessment and verify whether the correct category, location, and property characteristics have been applied. Seeking professional advice from a legal or property expert can further assist in resolving disputes.

Does the age of a building affect property valuation under Delhi circle rates?

Yes, the age of a building can affect property valuation under Delhi circle rates. Older buildings may be subject to depreciation factors that reduce the valuation of the constructed portion, although land value often remains unchanged. Government valuation methods may consider the building's age, condition, and remaining useful life when determining its assessable value. This adjustment can influence stamp duty calculations, registration charges, and the property's overall official valuation during transactions.

Can NRIs use Delhi circle rates for property valuation purposes?

Yes, Non-Resident Indians (NRIs) can use Delhi circle rates as a reference for property valuation purposes. Circle rates provide the government-prescribed minimum value for a property and can help NRIs assess transaction costs, stamp duty liability, and registration expenses. However, circle rates may differ from the prevailing market value. For investment, taxation, financing, or sale-related decisions, NRIs should also consider professional property valuations and current market conditions alongside circle rate benchmarks.

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