Gurugram circle rates
Official rates published by IGRS Haryana. Used to calculate stamp duty on property registrations.
3 rates
| Sector | Property type | ₹ per sq yd | ₹ per sq ft | Year |
|---|---|---|---|---|
| Sector 1 Residential | Residential | ₹2,14,929 | ₹23,881 | 2024 |
| Sector 1 Commercial | Commercial | ₹73,116 | ₹8,124 | 2024 |
| Sector 1 Plot | Plot | ₹2,20,536 | ₹24,504 | 2024 |
How the sectors compare
The residential circle rate of all 61 sectors, highest first. A dark tick marks the commercial rate of the same sector.
- Highest
- ₹2,22,624 Sector 9A
- Middle
- ₹1,42,866
- Lowest
- ₹47,457 Sector 104
- Residential rate, per sq yd
- Commercial rate
What a circle rate is
A circle rate (also called a DLC rate or collector rate) is the lowest value the Haryana government accepts for property in a sector or colony. A sale cannot be registered below it.
Stamp duty is charged on the higher of the deal value and the circle-rate value. Banks use circle rates when they value a property for a loan, and Section 50C of the Income Tax Act uses them for capital gains.
Questions people ask
What are circle rates in Gurugram?
Circle rates (also called DLC rates or collector rates) are the minimum property valuation rates set by the Haryana government for each sector and colony. They are used to calculate stamp duty on property registrations. No property sale can be registered below the circle rate for that area.
How are circle rates different from market rates?
Circle rates are government-set minimum values used for stamp duty calculation, while market rates are the actual prices at which properties are bought and sold. Market rates are typically 20-50% higher than circle rates in prime areas. Circle rates serve as a floor price for registration purposes.
Do circle rates affect stamp duty?
Yes, stamp duty is calculated on the higher of the circle rate or the actual transaction value. If you buy a property below the circle rate, you still pay stamp duty based on the circle rate. This ensures the government collects a minimum amount of stamp duty on every property transaction.
How often are circle rates revised in Haryana?
Circle rates in Haryana are revised periodically by the IGRS (Inspector General of Registration and Stamps), typically every 1-2 years. Revisions usually happen at the start of the financial year in April, though interim revisions can happen if there are significant market changes. The government issues gazette notifications when new rates come into effect.
Can I buy property below the circle rate?
No, you cannot legally register a property below the circle rate. The Sub-Registrar will refuse to register the transaction if the declared value is below the applicable circle rate. Under Section 50C of the Income Tax Act, the difference between circle rate and actual price is taxable as income for the seller. You can negotiate the actual purchase price, but stamp duty will always be calculated on the circle rate value.
What is the difference between circle rate, ready reckoner rate, and collector rate?
These are all names for the same thing, the minimum property valuation set by the government for stamp duty purposes. In Maharashtra it's called "ready reckoner rate," in Haryana and Delhi it's "circle rate," and in some states it's "collector rate." All serve the same function of preventing under-valuation of properties.
How do I check the circle rate for a specific locality in Gurugram?
Pick the sector and the property type on this page to see its rate per square yard and per square foot. The rates come from IGRS Haryana. You can also check the Haryana Revenue Department's website or visit the local Sub-Registrar's office for the latest rates.