The Haryana Government sets the circle rates in Gurgaon through the registrar or sub-registrar office. It states the minimum amount for purchase or registration of properties. Stamp and registration charges have to be paid according to the Circle rates or the transaction value, whichever is higher. If you want to avail loan against property, you need to know about the circle rate of your property.
Factors that influence circle rates in Gurgaon:
The market value of the region and the services available in that region. Market value is the actual value at which the property will be purchased or sold. Circle rates are fixed by the Government.
The Government fixes higher circle rates to commercial spaces as compared to residential units.
It varies according to the property type and amenities.
DLF phase 1,2,3,4,5, Sushant Lok 1,2,3, Nirvana country 1
5,000
3,600
National media centre, Malibu town, Mayfield garden, uppal southend, ardee city, rosewood city, greenwood city, Vatika city
5,000
3,600
South city 1,2, Garden estate, Palam vihar, jalvayu vihar, Uniworld resorts, vipul world
5,000
3,600
A builder flat, consisting of floor 2-4, is a residential space. The builder along with a land owner usually builds it.
Group housing consists of more than 4 living spaces and is built by a common agency.
If you want to know more, simply visit Propertyyy.com and get someone to answer all your questions. If you are curious about the circle rates in Delhi, you can refer to Circle Rates in Delhi for further information. Happy reading!
