Delhi Property Prices Expected to Increase with New Circle Rates

By Anika Rahman · March 10, 2026

The Delhi Government yesterday announced the minimum circle rates for property, which determine the lowest rate at which property can be sold for or bought at in the capital city.

With a promise not to revise it for another five years, the circle rates would curtail the quantum of black money in real
estate Delhi market, and help push up the state government’s collections through registration by at least Rs.700 crore.

Since the circle rates are more realistic than the figures hitherto
quoted by buyers and sellers, property prices in Delhi are expected to
step up slightly.

Undervaluing properties is a common practice to evade
stamp duty, which is 8% for men and 5% for women purchasers in
Delhi . The capital has been broadly segmented into 8 areas, excluding
the unauthorized settlements and rural pockets, and a minimum
price fixed for assessment purposes.

Evaluation of property will be based
on certain other factors as well, such as the year in which the
property was constructed, and the category the property falls into, such
as those built by private builders, Janta flats, DDA flats, Low Income
Group or Middle Income Group.
Accordingly, the circle rates for residential properties in Delhi
are:

Category	Areas	Circle rates (in Rs./ sq.mtr.)
A	IP Estate, Andrews Ganj, Anand Lok, Sunder Nagar, New Friends Colony, Greater Kailash I, II, and III	43,000
B	Chittaranjan Park, INA Colony, Nizamuddin (E), Pragati Vihar, Jangpura, Kailash Colony	34,100
C	Nizamuddin (W), Amar Colony, Siddharth Enclave, Vikram Vihar, Lajpat Nagar I and II	27,300
D	Kasturba Nagar, Anna Nagar, Balmiki Basti, Press Enclave (Minto Road), Daryaganj, Amiganj, Sewa Nagar	21,800
E	Arab Ki Saral, Amritpuri, Bhagwan Nagar, Siddharth Extension, Kasturba Niketan,Bhim Nagri	18,400
F	Sarai Kale Khan, Nangloi, Tilak Khandi, Govindpuri Extension, Subhash Khand, Jamia Nagar	16,100
G	Devi Nagar, Gautampuri, Azim Dairy, Taimoor Nagar, Canal Colony Okhla, Harijan Colony, Hauz Rani Mohulla	13,700
H	Rural Villages	6,900

The computation of the value of the residential property follows the pattern set by the Municipal Corporation of Delhi (MCD) in its calculation of house tax in different colonies.

Commercial properties in Delhi will be valued at thrice the value of
the residential property in each category. Construction costs across categories
have been maintained at Rs.7,600 per sq. m to evaluate the property in
Delhi.

For properties built every 5th year before the year 2000, the rate
would decrease by 0.1. Estimation of built up flats, however,
would be unaffected by the age of construction, though their category
would decide the value.

Rates applicable to DDA developed colonies and cooperative housing societies
are:

Plinth area in sq.m	Rate in Rs.
30	8,600
30 – 50	9,300
50-100	11,300
Above 100	13,000

Apartments in 4 or more storied structures have been accorded a uniform plinth area rate of Rs.15, 000 per sq. m. Flats constructed by private builders invite a multiplicative factor of 1.25.

With the new circle rates in force, property transactions in Delhi will
have a far smaller component of black money, and will simultaneously enable
the buyer to take a bigger loan to finance his home.