New Circle Rates of National Capital Territory of Delhi
Notification No. F.1 (281)/Regn.Br./HQ/Div.Com./09, dated 4-2-2011
In exercise of the powers conferred by section 27 and section 47 A of the Indian Stamp Act, 1899 ( 2 0f 1899) as in force in Delhi and in pursuance of the provisions of rule 4 of the Delhi Stamp (Prevention of Under-valuation of Instruments) Rules, 2007, read with the Ministry of Home Affairs, Government of India Notification SO 1726 (No. F.2/5/61-Judl-II), dated the 22nd July, 1961 and Notification S.O. 2709 (No. 41/2/66-Delhi), dated the 7th September, 1966, the Lt. Governor of the National Capital Territory of Delhi, hereby revises and notifies, the minimum rates (circle rates) for valuation of lands and immovable properties in Delhi for the purpose and intent of the said Act and the rules made thereunder, as specified in Annexure I to this notification.
The above rules shall be taken into consideration for registration of instruments relating to land and immovable properties in Delhi by all the Registering Authorities under the provisions of the Indian Stamp Act, 1899 ( 2 of 1899) at the time of registration of instruments under the provisions the Registration Act, 1908 (XVI of 1908), having jurisdiction on the transaction placed before them for registration under the provisions of the Indian Stamp Act, 1899 ( 2 of 1899), as in force in Delhi.
These rates shall come into force with effect from February 8, 2011.
Minimum rates (Circle Rates) for valuation of land and properties for the purpose of registration under the Registration Act, 1908 in Delhi:
1. Minimum land rates for residential use:
Category of locality
Minimum rate for valuation of land for residential use ( in Rs. Per sq. mtr)
2. Minimum land rates for Commercial, Industrial and other uses:
The following multiplicative use factors shall be employed to the above minimum land rates for residential use while circulating the cost of land under different uses:
Public Purpose e.,g, Government Schools, Hospitals etc
Public utility e.g, Private Schools, Colleges, Hospitals
*Definition are as in the Unit Area Property Tax System
3. Minimum rates for cost of construction:
3.1 The base unit rate of cost of construction will be:
Category of the Locality
Minimum Rate of construction for Residential use (in Rs. Per Sq. Mtr.)
3.2 The following multiplicative factors shall be employed to the minimum cost of construction for taking into consideration age of structures:
Year Of Completion
Prior to 1960
3.3 The following multiplicative factors to the above minimum cost of construction for different types of structures shall be considered only for colonies in ‘G’ and ‘H’ categories:
4. Minimum rates for built-up flats:
|Category of flat depending on Plinth Area (sq. mtrs.)||Minimum Built-up rate (in Rs. Per. Sq. mtr) for DDA Colonies/Co-operative and Group Housing Societies||Multiplicative factors for Private Colonies|
|Up to 30 sq.mtr||Rs. 17,200/-||1.10|
|Above 30 and up to 50 sq.mtr||Rs. 18,600/-||1.15|
|Above 50 and upto 100 Sq.mtr||Rs 22,600/-||1.20|
|Above 100 sq.mtrs.||Rs 26,000/-||1.25|
4.1 For flats in buildings having more than four stories, a uniform rate per sq.mtr. of Rs 30,000/- will be taken as the minimum value of built-up rate for DDA/Co-operative/Group Housing Societies. For multi-storyed flats by private builders, a multiplicative factor of 1.25 shall be employed.
4.2 Where part plinth area, say one floor, of an independent property other than a flat is sold, the relevant minimum land cost may be taken for the proportionate plinth area sold, and minimum cost of construction applied on the plinth area sold.