What are the current circle rates in Gurgaon?

2 min read

The circle rate is a key determinant when calculating property value during purchase, sale, or transfer of a property. In Gurgaon, the rate differs across several HUDA sectors across 6 varying rates. These are Rs. 25,000, Rs. 30,000, Rs. 35,000, Rs. 45,000, and Rs. 50,000 per square yard. The circle rates in Gurgaon also vary for licensed colonies and for flats and apartments.

What is circle rate?

State governments declare specific circle rates for regions. It is the minimum rate which the government declares for purchase of properties. The Haryana Government notifies the circle rates in Gurgaon through the Gurgaon Registrar and Sub-Registrar’s office.

Individuals opting for a loan against property in Gurgaon should take into account the circle rates of their particular region before applying.

Revised circle rates in Gurgaon

The Haryana government has recently updated the circle rates in Gurgaon. The valuation of properties during registration, stamp valuation, and property loan will be according to the revised circle rates.

HUDA sector circle rates in Gurgaon

The revised circle rates for residential units in the HUDA sectors in Gurgaon are mentioned in the table below.

HUDA Sectors

Circle rates per sq. yard (Rs.)

Sector 27, Sector 28, Sector 42, Sector 43

50,000

Sector 14 – 17, Sector 30, Sector 31, Sector 40

45,000

Sector 38, 41

40,000

Sector 1 – 3, Sector 3A, Sector 4 – 7, Sector 12, Sector 12A,
Sector 13, Sector 21, Sector 22, Sector 22A, Sector 23, Sector 23A

35,000

Sector 104 – 106, Sector 109, Sector 110, Sector 110A, Sector 111 – 115

30,000

Sector 58 - 66, Sector 67, Sector 68 – 113, Sector 37, Sector 37D

25,000

Licensed colonies Gurgaon circle rates

The table below illustrates the circle rates for licensed colonies in Gurgaon.

Licensed colonies in Gurgaon

Circle rates per square yard (Rs.)

Sushant Lok 1, DLF Phase 1

77,000

South City 1, DLF Phase 2, DLF Phase 4

72,000

National Media Centre, DLF Phase 3

66,000

Greenwood City, Nirvana Country 1, DLF Phase 5

61,000

Garden Estate

60,000

Suncity, South City 2, Rosewood

51,000

Uniworld Resorts, Palam Vihar

50,000

Vatika City, Jalvayu Vihar, Malibu Town, Uppal Southend, Ardee City, Sushant Lok 2, Sushant Lok 3, Mayfield Garden

42,500

Ansal Essencia

28,100

Sector 67

28,050

Sector 37, Sector 37D, Sector 58 – 66, Sector 68-113, DLF Garden City, Vatika India Next, Sector 104 – 106, Sector 109, Sector 110, Sector 110A, Sector 114, Sector 115

25,500

Updated Circle rates in Gurgaon 2022-23

The circle rate in Gurgaon for flats and apartments is listed below.

Gurgaon areas

Circle rates for builder flats per sq. feet (Rs.)

Circle rates for group housing society flats per sq. feet (Rs.)

Ambience Island, DLF Aralias

10,000

 

ITC Laburnum, Unitech World Spa, The Verandas, Parsvnath Exotica

8,000

 

Sector 1, Sector 2, Sector 3, Sector 3A, Sector 4 – 7, Sector 12, Sector 12A,
Sector 13, Sector 21, Sector 22, Sector 22A, Sector 23, Sector 23A,

5,000

 

DLF Phase 1, DLF Phase 2, DLF Phase 3, DLF Phase 4, DLF Phase 5, Sushant Lok 1,
Sushant Lok 2, Sushant Lok 3, Nirvana Country 1, South City 1, South City 2, Greenwood City,
National Media Centre, Malibu Town, Mayfield Garden, Uppal Southend, Ardee City,
Rosewood City, Garden Estate, Palam Vihar, Jalvayu Vihar, Uniworld Resorts, Vatika City, Vipul World

5,000

3,600

Sector 58 – 66, Sector 67, Ansal Essencia

5,000

3,000

Sector 27, Sector 28, Sector 42, Sector 43

5,000

5,000

Sector 37, Sector 37D, Sector 68 – 113, Vatika India Next, DLF Garden City

3,000

3,000

Sector 104 - 106, Sector 109 - 115

 

3,000

Housing Board Colony without roof

 

3,800

Factors affecting circle rates in Gurgaon

Circle rates in Gurgaon differ across regions due to the following factors:

  • The market value of a specific region and the amenities available.
  • Stamp and registration value of flats and apartments vary from independent houses and plots in the same area based on amenities.

The government assigns lower circle rates on residential units compared to commercial spaces.

Stamp duty rate for registering properties in Gurgaon

Stamp duty is calculated as a percentage of the stamp value of a property. The stamp value will be the circle rate of a property or the declared transaction value, whichever is higher. The buyer pays stamp duty as a legal tax when purchasing a property to authenticate transfer of ownership.

What are the current stamp duty rates in Gurgaon?

The current stamp duty rates in Gurgaon are mentioned below.

Owner

Stamp duty rates in Gurgaon

Joint owners (male and female)

6 %

Females

5 %

Males

7 %

Gurgaon registration charges

The registration charge is paid in addition to the stamp duty to register a property with the local municipal body. In Gurgaon, the fee for registering property is charged on a slab basis. The maximum amount is Rs. 15,000.

Process to compute property value using circle rates in Gurgaon for stamp duty payment

Here are the steps to calculate stamp value in Gurgaon.

Step 1. Confirm the property’s built-up area and check other features like amenities, age of the property, floor, and plot area.
Step 2. Choose the type of property: Commercial unit, flat, plot, independent house, and builder floor.
Step 3. Check the locality where the property is situated.

Depending on the property type, compute the property value as per the list mentioned below.

  • Plot: Area of the plot (sq. yard) x circle rate of the locality (per sq. yard)
  • Apartments: Built-up area (sq. feet) x circle rate of the area (per sq. feet)
  • Builder floors on an independent plot: Built-up area (sq. feet) x circle rate of the region (per sq. feet)
  • Independent house: [Plot area (sq. yard) x circle rate of the locality (per sq. feet)] + [Built-up area (sq. feet) x minimum cost of construction (per sq. feet)]

The minimum construction cost for residential units in Gurgaon is Rs. 1,300 / sq. feet. The floor rate for residential plots is Rs. 5,500 / sq. feet.

Areas in Gurgaon

DLF Aralias

Sector 1

Sector 27

DLF Garden City

Sector 2

Sector 28

DLF Phase 1

Sector 3

Sector 42

DLF Phase 2

Sector 3A

Sector 43

DLF Phase 3

Sector 4

Sector 38

DLF Phase 4

Sector 5

Sector 41

DLF Phase 5

Sector 7

Sector 58 – 67

ITC Laburnum

Sector 12

Sector 68 -113

National Media Centre

Sector 12

Sector 37

Malibu Town

Sector 12A

Sector 37D

Mayfield Garden

Sector 13

Sector 104

Ambience Island

Sector 14

Sector 105

Ardee City

Sector 15

Sector 106

South City 1

Sector 16

Sector 109

South City 2

Sector 17

Sector 110

Sushant Lok 1

Sector 18

Sector 110A

Sushant Lok 2

Sector 19

Sector 111 – 115

Sushant Lok 3

Sector 20

Suncity

Greenwood City

Sector 21

The Verandas

Garden Estate

Sector 22

Uniworld Resorts

Nirvana Country 1

Sector 22A

Unitech World Spa

Palam Vihar

Sector 23

Uppal Southend

Parsvnath Exotica

Sector 23A

Vatika City

Rosewood City

Sector 25

Vatika India Next

Jalvayu Vihar

Sector 30

Vipul World

Sector 31

Sector 40

 

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