WebApr 8, 2024 · In a breather for the Arvind Kejriwal government, the Delhi High Court on Thursday refused to stay a notification that tripled circle rates of agricultural land in the national capital. www.ndtv.com WebDec 10, 2024 · The circle rate in Delhi was brought down to 20% in February 2024 by the Delhi government, increasing the affordability of the real estate sector and was applicable till the end of 2024. Reduced circle rate led to lower property registration charges and stamp duty, making the purchase of any property affordable.
What if Circle Rate is more than Market Value? - Nitin Bhatia
WebFeb 14, 2024 · Stamp duty is calculated on the ready reckoner rate /market value/circle rate of the property. Here's how to calculate it: For example: Circle rate in your area: Rs 5,000 per sq ft. Size of the property: 1,000 sq ft. Property cost as per circle rate: Rs 50 lakh. Stamp duty rate: 6 percent. Stamp duty payable: 6 percent of Rs 50 lakh = Rs 3 lakh WebJun 18, 2007 · The rates would be applicable for DDA colonies/cooperative and group housing societies. Rs 8,600/- per sq. meter would be applicable for a flat upto plinth area … building brave madison wi
Delhi government raises circle rates of agricultural land - India …
WebThe circle rate of this property is 1.75 Cr. Going by the basic logic that Circle Rate of a property should reflect the Market Value of the property. But it is not true always as i have not come across a single instance wherein State Govt has reduced the Circle rates to reflect the true market value. WebApr 7, 2024 · Latest News On Circle Rates In Gurgaon. The district administration has increased the circle rates by 30% throughout the district, causing property rates in Gurgaon to surge. According to the district collector's order, rates for agricultural, residential, and commercial properties in Gurgaon tehsil have increased by 20%. WebDec 1, 2024 · For residents of Agra-living in an apartment or an independent floor, the circle rate in UP is calculated using the following formula:- Circle rate of an apartment= Part of the land ratio x land cost + flat area x … buildingbread.com