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Circle Rates | Gurgaon Circle Rates 2013-2014 | Circle Rates Increased by 15% in Gurgaon

Circle Rates | Gurgaon Circle Rates 2013-2014 | Circle Rates Increased by 15% in Gurgaon

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The district administration on Saturday raised the circle rates in Gurgaon by up to 15%, considered an average hike.
The revision will lead to a substantial hike in the price of land and plots across residential, commercial and industrial areas. Deputy commissioner PC Meena announced the rates which will come into effect from April 1.
According to the new rates for the financial year 2013-14, value of up to two acres of land adjoining National Highway 8 and the Northern Peripheral Road (Dwarka expressway) will increase by 20%. Similarly, the value of up to two acres of land at Gurgaon-Sohna Road and Gurgaon-Pataudi Road will increase by 10%.
These revisions will lead to shooting of agricultural land prices in Gurgaon.
Like last year, no changes have been made in the stamp duty rates on land less than 1,000 square yards. It will continue to be treated as residential land for stamp duty collection.
Circle rates of prime residential land plots in licensed colonies such as DLF City Phase 1 and Sushant Lok Phase 1 have been increased from Rs. 65,000 per square yard to Rs. 70,000 per square yard. Rates for commercial plots in these areas will increase from Rs. 135,000 per square yard to Rs. 150,000 per square yard.
Rates have also been increased in the institutional and industrial areas.
Circle rate is the minimum rate at which a property can be bought or sold. These rates are set by the government to prevent buyers and sellers from paying less stamp duty by showing very low values of property deals.
Higher circle rates lead to high cost of registration of properties as buyers need to
spend more as stamp duty charges.

Gurgaon has five revenue zones — Gurgaon, Manesar, Sohna, Farukhnagar and Pataudi.

http://www.dwarkaexpresswayprojects.in/
The district administration on Saturday raised the circle rates in Gurgaon by up to 15%, considered an average hike.
The revision will lead to a substantial hike in the price of land and plots across residential, commercial and industrial areas. Deputy commissioner PC Meena announced the rates which will come into effect from April 1.
According to the new rates for the financial year 2013-14, value of up to two acres of land adjoining National Highway 8 and the Northern Peripheral Road (Dwarka expressway) will increase by 20%. Similarly, the value of up to two acres of land at Gurgaon-Sohna Road and Gurgaon-Pataudi Road will increase by 10%.
These revisions will lead to shooting of agricultural land prices in Gurgaon.
Like last year, no changes have been made in the stamp duty rates on land less than 1,000 square yards. It will continue to be treated as residential land for stamp duty collection.
Circle rates of prime residential land plots in licensed colonies such as DLF City Phase 1 and Sushant Lok Phase 1 have been increased from Rs. 65,000 per square yard to Rs. 70,000 per square yard. Rates for commercial plots in these areas will increase from Rs. 135,000 per square yard to Rs. 150,000 per square yard.
Rates have also been increased in the institutional and industrial areas.
Circle rate is the minimum rate at which a property can be bought or sold. These rates are set by the government to prevent buyers and sellers from paying less stamp duty by showing very low values of property deals.
Higher circle rates lead to high cost of registration of properties as buyers need to
spend more as stamp duty charges.

Gurgaon has five revenue zones — Gurgaon, Manesar, Sohna, Farukhnagar and Pataudi.

http://www.dwarkaexpresswayprojects.in/

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Categories:Types, Business/Law
Published by: Gurgaonresidential.com on Apr 18, 2013
Copyright:Attribution Non-commercial

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07/03/2014

 
Residential(Rs. Per Sq. Yards.)
1Sec-14,15,17,27,28,30,31,42,43460002Sec-38,40,41,53,54400003Sec-21,22,22A,23,23A,39,45,46,47,48, 49,50,51,52,55, 56,57350004Sec- 1,2,3,3A,4,5,7,9,9A,10,10A,12,12A300005Sec-29NA6Sec-18,19,20NA7Sec-35,36NA
Joint Sub-Registrar Sub-Registrar DRO SDO(C) North Deputy Commissioner-cum-Gurgaon Gurgaon Gurgaon Gurgaon Registrar Gurgaon
Commercial(Rs. Per Sq. Yards.)
150000150000150000125000200000
S.NoHuda Sectors
Rates for the Year of 2013-2014
10000080000
 
Residential(Rs. Per Sq. Yards.)
1DLF Phase- I , Sushant Lok -I 700002DLF Phase -II, IV & V, GreenwoodCity, Nirvana-I, South city-I650003DLF Phase- III600004South City- II, Suncity(Sec-54),Rosewood City, Garden Estate550005Malibu Town, Uppal Southend,Mayfield Garden & Ardee City,Sushant Lok- II, III, Jalvayu Vihar,Palam Vihar, Vipul World (SohnaRoad), Vatika City (Sohna Road),Uniworld Resorts ( Sec-33 & 48)450006Esencia ( Ansal ) Sec-67300001Constructed Area in LicensedColonies2Constructed Area in Huda Sectors3Constructed Area in Rest of Gurgaon
Joint Sub-Registrar Sub-Registrar DRO SDO(C) North Deputy Commissioner-cum-Gurgaon Gurgaon Gurgaon Gurgaon Registrar Gurgaon
900650150000150000150000150000125000NA
S.NoPlots in Licensed Colonies
Rates for the Year of 2013-2014
Commercial(Rs. Per Sq. Yards.)
S.NoCost of ConstructionRates for the Year of 2013-2014(Rs. Per Sq. Feet.)
1200
 
1Group Housing Co-operativeSocieties Sec-1 to 571Group Housing in Sec-1 to 57other than at Sr.No. 1.2Independent Floors in plots of HUDA Sectors- (1 to 57) & plots of licensed/ Approved Colonies3Flats in Group Housing Societiesand Independent Floors in plots of Licensed Colonies in Sec-58 to67(New Sectors)4Flats in Group Housing SocietiesandIndependent Floors in plots of Licensed Colonies in Sec-68 to113(New Sectors) and Sec-37C &37D(New Sectors)
Joint Sub-Registrar Sub-Registrar DRO SDO(C) North Deputy Commissioner-cum-Gurgaon Gurgaon Gurgaon Gurgaon Registrar Gurgaon
4500
S.NoRates for the Year of 2013-2014Multi Story Group Housing(Licensed) by developers/ Independent FloorsRate Per Sq. FeetRate Per Sq. Feet
3300
S.NoRates for the Year of 2013-2014Group Housing CooperativeSocieties
340030002400

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The district administration on Saturday raised the circle rates in Gurgaon by up to 15%, considered an average hike. The revision will lead to a substantial hike in the price of land and plots across residential, commercial and industrial areas. Deputy commissioner PC Meena announced the rates which will come into effect from April 1. According to the new rates for the financial year 2013-14, valu
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