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Revised Circle Rates, Current Stamp Duty Rate in Gurgaon Sep 2017

Check minimum circle rate and stamp duty payable on property registration in Gurgaon

Last Updated 26th Sep 2017

What are the current latest circle rates in Gurgaon?

  • Currently, circle rates in Gurgaon for residential plots range from Rs. 25,000 to Rs. 42,500 per square yard
  • Current circle rates for residential floors range from Rs. 3,900 to Rs. 4,700 per square feet
  • For residential apartments the 2017 - 18 circle rates range from Rs. 2,300 to Rs. 6,000 per square feet
  • As per the latest available notification, current circle rates for commercial properties range from Rs. 2,200 per square yard to Rs. 165,000 per square yard
  • To check the current circle rate for your chosen area in Gurgaon, Select the area in Gurgaon whose circle rate you wish to know
Select Area

Current circle rates in Gurgaon for residential, commercial property

Property Type Circle Rate
Flats, Apartments
Group Housing Society Flats Rs. 2,300 to Rs. 3,300 Per Square Feet Details
Builder Flats Rs. 2,300 to Rs. 6,000 Per Square Feet Details
Residential Floors
HUDA Sector Rs. 3,900 Per Square Feet Details
Licenced Colony Rs. 4,700 Per Square Feet Details
Residential Plots
HUDA Sector Rs. 25,000 to Rs. 42,500 Per Square Yard Details
Licenced Colony Rs. 25,500 to Rs. 65,500 Per Square Yard Details
Cost of Construction - Residential Plots
HUDA Sector Rs. 1,000 to Rs. 1,000 Per Square Feet Details
Licenced Colony Rs. 1,300 to Rs. 1,300 Square Feet Details
Commercial Plots
HUDA Sector Rs. 50,000 to Rs. 140,300 Per Square Yard Details
Licenced Colony Rs. 85,000 to Rs. 165,000 Per Square Yard Details
Commercial Built up
Retail Rs. 3,200 to Rs. 9,000 Per Square Feet Details
Office Space, IT Space Rs. 2,200 to Rs. 6,600 Per Square Feet Details

What is circle rate?

  • Circle rates refer to the minimum rate notified by the government through the registrar or sub registrar office of Gurgaon for registration of property transactions.
  • Stamp duty is to be paid on the higher of the declared transaction value and the value calculated as per circle rate chart applicable for the sector or area of Gurgaon.

What is the stamp duty rate in Gurgaon payable for registering property?

  • Stamp duty is payable as a percentage of the higher of declared agreement value and assessed value as per circle rate chart.

Current stamp duty rates in Gurgaon:

Stamp Duty Rate Rates
Males 7%
Females 5%
Male and Female Joint Owners 6%

What are the registration charges payable for registering property in Gurgaon?

  • Registration charges are an additional levy over and above the stamp duty and are levied to cover the cost of running registration offices by the government
  • While registering property in Gurgaon you will need to pay a registration fee of Slab based, upto Rs. 15000

What does circle rate in Gurgaon depend upon? Are the rates same across Gurgaon?

  • Circle rates tend to vary across various areas of Gurgaon depending upon the market value of the area and the facilities that are available in that area
  • Typically, government tends to assign higher circle rate to commercial properties and lower rates for residential properties
  • Circle rates also depend upon the type of the property. Registrar value of flats and apartments in Gurgaon is different from that of plots and independent houses even in the same area

How to calculate value of a property for payment of stamp duty in Gurgaon using circle rates?

Simply follow the following steps to calculate the value at which stamp duty is payable on purchase of property in Gurgaon

Step 1 – Check the built up area of the property, its other features like floor, amenities, age of construction and plot area

Step 2 – Select the applicable property type from among all the listed property types (e.g., is the property a flat or a plot or a house or a builder floor or a shop or a commercial unit)

Step 3 – Step 3 – Select the locality or area where the property is located from the classification available on registrar office website or on MyLoanCare

Step 4 – Step 4 – Calculate the minimum assessed value as per current circle rate as below:

Builder floors built on independent plots Sum of:
  • Built up area of floor multiply by applicable circle rate for builder floors in Rs. per square feet
Residential apartments For group housing flats and licenced builder flats:
  • Built up area of flat multiply by applicable circle rate for flats in Rs. per square feet
Plot
  • Area of plot in square yard multiply by applicable circle rate for land in the locality in Rs. per square yard
House Constructed on Plot Sum of:
  • Area of plot in square yard multiply by applicable circle rate for land in the locality in Rs. per square yard
  • Built up area in square feet multiply by minimum cost of construction in Rs. per square feet

What is the difference between market rate and circle rates?

  • Circle rates are notified by the government and are used as reference point for payment of stamp duty on property transaction registrations in Gurgaon
  • Market prices refer to the actual price at which property sale-purchase transactions are transacted between buyers and sellers
  • In most cases, circle rates tend to be slightly lower than market prices. However, in some cases it is seen that the circle rates may even be higher than market prices

Areas in Gurgaon

  • Ambience Island
  • Ansal Essencia
  • Ardee City
  • DLF Aralias
  • DLF Garden City
  • DLF Phase 1
  • DLF Phase 2
  • DLF Phase 3
  • DLF Phase 4
  • DLF Phase 5
  • Garden Estate
  • Greenwood City
  • Housing Board Colony 7, 10, 17, 42, 52, 53, Jharsa, Sukhrali, Saraswati Vihar
  • ITC Laburnum
  • Jalvayu Vihar
  • Malibu Town
  • Mayfield Garden
  • National Media Center
  • Nirvana Country 1
  • Palam Vihar
  • Parsvnath Exotica
  • Rosewood City
  • Sector 1, 2, 3, 3A, 4, 5, 7, 9, 9A, 10, 10A, 12, 12A
  • Sector 14, 15, 17, 27, 28, 30, 31, 42, 43
  • Sector 18, 19, 20
  • Sector 21, 22, 22A, 23, 23A, 39, 45, 46, 47, 48, 49, 50, 51, 52, 55, 56, 57
  • Sector 25, 36
  • Sector 29
  • Sector 38, 40, 41, 53, 54
  • Sector 58-66
  • Sector 67
  • Sector 68-113, 37, 37D
  • South City 1
  • South City 2
  • Suncity
  • Sushant Lok 1
  • Sushant Lok 2
  • Sushant Lok 3
  • The Verandas
  • Unitech World Spa
  • Uniworld Resorts
  • Uppal Southend
  • Vatika City
  • Vatika India Next
  • Vipul World
 Gurgaon Circle Rate Revised

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