What are the current circle rates in Kolkata
The circle rate in Kolkata is based on several factors and varies from one area to another. It is the rate at which the value of a property is determined for purchase or sale. These rates vary from one property type to another, thus affecting the assessment value. In Kolkata, the lowest average circle rate is Rs. 2,276/ sq. m. applicable on properties in the Barasat region.
The circle rate is notified by the revenue department of a state or a local body. In Kolkata, the Municipal Corporation determines these rates and they undergo revision from time to time. It also acts as a property price indicator for a given area.
What is circle rate?
A circle rate is a minimum valuation at which a real estate property is registered during a transfer of ownership. It is also the rate used to determine the market value of a given property. Stamp value for a property in Kolkata is thus determined as the higher assessment value as per the applicable circle rate and the declared transaction value.
Circle rate in Kolkata
Check out the prevailing circle rates in Kolkata for different areas and localities.
List of areas/ localities in Kolkata |
Average circle rate (in per sq. meters) |
Agarpara |
Rs. 2,626 |
Action Area I |
Rs. 4,882 |
Airport Area |
Rs. 3,062 |
Action Area II |
Rs. 4,858 |
Alipore |
Rs. 12,689 |
Action Area III |
Rs. 4,524 |
Ashok Nagar |
Rs. 4,690 |
Andul Road |
Rs. 3,148 |
Bablatala |
Rs. 3,264 |
Baguaiti |
Rs. 2,995 |
Baghajatin |
Rs. 3,858 |
Baguiati |
Rs. 3,257 |
Bally |
Rs. 2,769 |
Baguihati |
Rs. 3,139 |
Ballygunge |
Rs. 9,983 |
Baishnabghata Patuli Township |
Rs. 4,786 |
Ballygunge Circular Road |
Rs. 13,492 |
Ballygunge Place |
Rs. 11,322 |
Ballygunge Park |
Rs. 10,051 |
Bangur Avenue |
Rs. 4,881 |
Bangur |
Rs. 4,823 |
Baranagar |
Rs. 3,363 |
Barasat - Madhyamgram |
Rs. 2,773 |
Baruipur |
Rs. 2,281 |
Behala |
Rs. 3,644 |
Beleghata |
Rs. 5,678 |
Belghoria |
Rs. 3,133 |
Bhawanipur |
Rs. 9,096 |
Bansdroni |
Rs. 3,584 |
Barasat |
Rs. 2,276 |
Barrackpore |
Rs. 2,534 |
Bata Nagar |
Rs. 3,733 |
Behala Chowrasta |
Rs. 3,475 |
Belgharia Expressway |
Rs. 3,733 |
Beliaghata |
Rs. 5,151 |
Birati |
Rs. 3,264 |
What does the circle rate in Kolkata depend upon
The circle rate in Kolkata varies from one locality to another depending on several factors mentioned below.
- Location of the property
- Area and size of the property
- Available amenities and facilities
- Age of the property
- Occupancy, whether residential or commercial
- Property type, i.e., plot, flat, apartment, or independent house
Based on these factors, a property’s valuation is calculated during purchase/ sale or when availing a property loan.
Current stamp duty in Kolkata
Depending on the circle rate notified by the Kolkata Government, stamp value is determined as a higher amount between the assessed valuation and the declared price. Stamp duty is calculated and paid on this value.
The prevailing stamp duty rates in Kolkata are divided into two segments, i.e., properties valued below Rs. 25 lakh and those valued above Rs. 25 lakh.
The current rates are as follows:
- For properties below Rs. 25 lakh:
6% for corporation area (Both Howrah and Kolkata), 6% for the municipal corporation, municipality, or notified area, 5% for areas not falling under the two categories mentioned above.
- For properties above Rs. 25 lakh:
7% for corporation areas in Howrah or Kolkata, 7% for a municipality, municipal corporation, or notified area, 6% for localities not covered under the two heads.
Registry charges in Kolkata
Registration charges in Kolkata also vary with a division of properties valued above Rs. 25 lakh and below it. For the former, the registration charges payable are 1% of property valued. As for the latter, it is 1.1% of this valuation.
What are the steps to calculate property value in Kolkata using circle rate for stamp duty payment
Refer to the following steps to calculate property value using the circle rate in Kolkata:
- Compute the property’s built-up area
- Identify the property type
- Available amenities and facilities
- Identify the circle rate for the property as per its location
- Compute the minimum property value with the following formula:
Property value = Built-up area (in sq. metres) x circle rate for the location (in Rs./sq. metres)
Areas in Kolkata
The following areas in Kolkata are considered for circle rate determination.
Agarpara |
Andul Road |
Ballygunge Place |
Action Area I |
Bablatala |
Ballygunge Park |
Airport Area |
Baguaiti |
Bangur Avenue |
Action Area II |
Baghajatin |
Bangur |
Alipore |
Baguiati |
Baranagar |
Action Area III |
Bally |
Barasat - Madhyamgram |
Ashok Nagar |
Baguihati |
Baruipur |
Bansdroni |
Ballygunge |
Behala |
Barasat |
Baishnabghata Patuli Township |
Beleghata |
Barrackpore |
Ballygunge Circular Road |
Belghoria |
Bata Nagar |
Belgharia Expressway |
Bhawanipur |
Behala Chowrasta |
Salt Lake |
Beliaghata |
Birati |
Park Street |
Kasba |
Dum Dum |
Alipur |
Gariahat |
Tangra |
Jadavpur |
Elgin Road |
Kumortuli |
Tollygunge |
Kalighat |
Frequently asked questions
In India, land measurement units can vary from region to region due to historical and local practices. However, some of the most common land measurement units used across the country include:
- Acre: Used in rural and agricultural areas (1 acre = 43,560 sq. ft.).
- Bigha: Varies by state (e.g., in North India, about 0.625 acres or 25,000 sq. ft.).
- Hectare: Metric unit (1 hectare = 2.47105 acres).
- Gunta: Used primarily in South India (varies).
- Square Meter: Common in urban areas (1 sq. meter = 10.7639 sq. ft.).
- Square Yard: Used in real estate transactions (1 sq. yard = 9 sq. ft.).
- Decimal: Seen in some regions (1 decimal = 1/100th of an acre or 435.6 sq. ft.).
- Cents: Used in states like Tamil Nadu and Kerala (1 cent = 1/100th of an acre).
Local practices influence these units, and metric units like hectares and square meters are gaining popularity for consistency.
The number of Bighas in 1 Hectare can vary depending on the region and local practices in India. The conversion factor for Bighas to Hectares can vary significantly from one state to another. In some regions, 1 Hectare may be considered equivalent to 6 to 8 Bighas, while in other areas, the conversion factor may be different.
The number of Bighas in 10 hectares can vary based on the region and local land measurement practices in India. The conversion factor for Bighas to hectares is not standardised across the country and can differ significantly from one state or region to another.
In some areas, 10 hectares might be approximately equivalent to 60 to 80 Bighas, but this can vary widely. To determine the exact number of Bighas in 10 hectares for a specific location, it is advisable to consult local land records or authorities.
The number of Bighas in 50 hectares can vary depending on the region and local land measurement practices in India. The conversion factor for Bighas to hectares is not standardized across the country and can differ significantly from one state or region to another.
In some areas, 50 hectares might be approximately equivalent to 300 to 400 Bighas, but this can vary widely. To determine the precise number of Bighas in 50 hectares for a specific location, it is best to consult local land records or authorities who can provide the region-specific conversion factor.
The number of Bighas in 100 hectares can vary widely depending on the region and local land measurement practices in India. The conversion factor for Bighas to hectares is not standardised across the country and can differ significantly from one state or region to another.
In some areas, 100 hectares might be approximately equivalent to 600 to 800 Bighas, while in others, the conversion factor could be different. To determine the precise number of Bighas in 100 hectares for a specific location, it is best to consult local land records or authorities who can provide the region-specific conversion factor.
