When looking to buy a property in Gurgaon, knowing the circle rates is one of the important things which you need to consider. Here, we have provided you with all the updated circle rates in Gurgaon in order to help you determine the registration and stamp duty charges before finalising your property in the city. Read on to knowabout the rates and other things.
The circle rates in key sectors of Gurgaon for 2023 are listed below :-
The circle rates in key sectors of Gurgaon for 2023 are listed below:
| Sector | Circle rate per square yard |
|---|---|
| Sector 63 | Rs.3,500 |
| Sector 62 | Rs.3,500 |
| Sector 61 | Rs.3,500 |
| Sector 60 | Rs.3,500 |
| Sector 59 | Rs.3,500 |
| Sector 58 | Rs.3,500 |
| Sector 57 | Rs.5,000 |
| Sector 56 | Rs.5,000 |
| Sector 55 | Rs.5,000 |
| Sector 54 | Rs.5,000 |
| Sector 53 | Rs.5,000 |
| Sector 52 | Rs.5,000 |
| Sector 51 | Rs.5,000 |
| Sector 50 | Rs.5,000 |
| Sector 46 | Rs.5,000 |
| Sector 43 | Rs.5,000 |
| Sector 41 | Rs.5,000 |
| Sector 40 | Rs.5,000 |
| Sector 31 - 32A | Rs.5,000 |
| Sector 30 | Rs.5,000 |
The circle rates in Multi-storey group housing by builder's floor in Gurgaon are listed below:
| Locality | Circle rate per square yard |
|---|---|
| DLF Colony Old | Rs 54,000 |
| Housing board colony | Rs 38,00 |
| Sectors 104 to 115 | Rs 3,000 |
| Sectors 1, 2, 3, 3A, 4, 5, 6, 7, 12, 12A, 13, 14, 15, 16, 17, 21,22, 22A, 23, 23A, 38, 40 42, 43 | Rs 5,000 |
The circle rates in HUDA Sector, Gurgaon are listed in the table below:
| Locality | Circle rate per sq yard |
|---|---|
| Sectors 104, 105, 106, 109, 110, 110A, 111, 112, 113, 114 | Rs 30,000 |
| Sectors 25 | NA |
| Sectors 18, 19, 20 | NA |
| Sectors 1, 2, 3, 3A, 4, 5, 6, 7, 12, 12A, 13 | Rs 35,000 |
| Sectors 21, 22, 22A, 23, 23A | Rs 35,000 |
| Sector 38 | Rs 40,000 |
| Sectors 14, 15, 16, 17, 4o | Rs 45,000 |
| Sectors 42, 43 | Rs 50,000 |
The circle rates in HUDA Sector, Gurgaon are listed in the table below:
| Locality | Circle rate per square yard |
|---|---|
| License colonies in Sectors | Rs 25,500 |
| Palam Vihar | Rs 6,600 |
| DLF Phase II | Rs 7,000 |
Simply follow the following steps to calculate the value at which stamp duty is payable on the purchase of property in Gurgaon.
Step 1– Check the property's built-up area, 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 - Select the locality or area where the property is located from the registrar office website's classification or on MyLoanCare.
Step 4– Calculate the minimum assessed value as per the current circle rate as below:
| Builder floors built on independent plots |
Sum of:
|
| Residential apartments |
For group housing flats and licensed builder flats:
|
| Plot |
|
| House Constructed on Plot |
Sum of:
|
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
Circle rates refer to the government's minimum rate at which any land or property in Gurgaon can be sold or transferred. As per revised rates, the highest circle rates for a property in Gurgaon is ₹ 77,000
Stamp duty charges are calculated based on the property's value & current stamp duty charges applicable as per your gender. For instance, if the value of the property is ₹ 40,00,000 & the property is registered in a male's name. The applicable stamp duty would be Currently, the stamp duty charges vary between 5%-7% depending on gender.
The government determines the circle rates depending on the below-mentioned factors:
Type of property
Usage of the property
Amenities in the property
Stamp & Registration Value
To calculate the property value, check the property's built-up area, amenities, age & plot area. Now choose the applicable property type, locality or area where the property is located, and calculate the minimum assessed value as per your property's current circle rates.