Circle Rates in Gurgaon

Current Circle Rate in Gurgaon

The property circle rates in Gurgaon determine the transaction rates during property registration. The circle rate in Gurgaon affects the valuation of a property and hence is an important factor during real estate transfers and when you want to take a mortgage loan or a loan against property. The circle rate in Gurgaon varies as per locality and determines the stamp value to be paid while purchasing a property.

What is the Circle Rate?

Circle rate in Gurgaon is the minimum rate against which property transactions and registration can take place. When there is a sale of residential or commercial property, the circle rate comes into play to determine the minimum valuation. The circle rate in Gurgaon is fixed by the government of Haryana and is generally revised two times a year. It is also called the ready reckoner rate or collector rate.

The circle rate in Gurgaon varies as per location and is based on factors such as market rates, amenities, infrastructure and development, and types of properties.

List of Circle Rates in Gurgaon

Below are the latest circle rates for residential properties in Gurgaon.

HUDA sector circle rates in Gurgaon

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

Circle rates for licensed colonies

Licensed colonies in Gurgaon	Circle rates per sq. yard (Rs.)
Sushant Lok1, 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, Vipul World	42,500
Ansal Esencia	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 110A, Sector 114, Sector 115.	25,500

Circle rate for flats and apartments

Area	Group housing society flats/ Builder flats per sq. feet (Rs.)
DLF Aralias, DLF Mangolias, DLF Camellias	25,000
DLF Carlton	15,000
DLF Crest	12,000
Ambience Island	10,000
ITC Laburnum, Parsvnath Exotica, Unitech World Spa, The Verandas	8,000
DLF Phase 1, DLF Phase 2, DLF Phase 3, DLF Phase 4, DLF Phase 5, Sushant Lok 1, Sushant Lok 2, Sushant Lok 3, Greenwood City, Nirvana Country 1, South City 1, South City 2, Suncity, National Media Center, Rosewood City, Garden Estate, Uppal Southend, Malibu Town, Mayfield Garden, Ardee City, Jalvayu Vihar, Vipul World, Palam Vihar, Vatika City, Ansal Essencia, Uniworld Resorts, Sector 58-66, Sector 68-113, Sector 37, Sector 37D, Sector 67, Sector 27-28, Sector 42-43, Vatika India Next, DLF Garden City	5,000
Sector 1-3, Sector 3A, Sector 4, Sector 5, Sector 7, Sector 12, Sector 12A, Sector 13, Sector 21, Sector 22, Sector 22A, Sector 23, Sector 23A	5,000
Sector 104-106, Sector 109-110, Sector 110A, Sector 111-115, Housing Board Colony Without Roof Right	5,000

Current Stamp Duty in Gurgaon

During a property transaction, to obtain legal ownership of the real estate that you have invested in, you must pay the stamp duty charge. It is a tax levied by the government and it is based on the circle rate applicable. Stamp duty is calculated based on the agreement value of the property if it is higher than the circle rate value. Else, it is calculated based on the circle rate value of the property.

Stamp duty also varies as per factors like male or female ownership. Currently, stamp duty in Gurgaon is calculated at the following rates.

Owner	Rate
Male	7%
Female	5%
Male and female, joint	6%

How to calculate the value of a property with the circle rate in Gurgaon?

Confirm the property’s built-up area: It will be mentioned in the loan against property documents.
Note the property type: commercial unit, flat, plot, independent house, and builder floor
Check the circle rate as per the locality your property is located in.
Calculate the minimum property value based on the circle rate:
1. For plot: Area of the plot (sq. yard) X circle rate (Rs. per sq. yard)
2. For apartment: Built-up area (sq. feet) X circle rate (Rs. per sq. feet)
3. For builder floors on an independent plot: Built-up area (sq. feet) X circle rate (Rs. per sq. feet)
4. For independent house: [Plot area (sq. yard) X circle rate in the area (Rs. per sq. yard)] + [Built-up area (sq. feet) X minimum cost of construction (Rs. per sq. feet)]