Understanding Circle Rates in Delhi NCR And Their Impact on Property Prices
By : Whitehat Realty
12 Jun 2025
- FAQs
FAQs
If you’re buying or selling, this rate decides the stamp duty and registration charges. So even if you get a great deal on paper, the taxes you pay might still be based on this government-fixed rate, not the actual price you negotiate.
There can be a noticeable gap between the two. Market rates are influenced by demand, location buzz, and trends. Whereas, circle rates are revised by the authorities.
In Delhi, revisions are usually done by the revenue department every few years, depending on real estate movements. It’s best to double-check with the authority’s website before making any move.
No, not legally. When registering property, you can’t register it below the prevailing circle rate even if the actual selling price is lower. If you try to do so, your documents won’t be accepted.
If you're a buyer taking a home loan, banks may hesitate to finance the full amount, especially if they find the deal inflated on paper. There might be scrutiny from tax authorities if the transaction looks fishy.
