गुरुग्राम सर्कल रेट (DLC रेट)

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.

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.

Circle rates in Haryana are revised periodically by the IGRS (Inspector General of Registration and Stamps). Revisions typically happen every 1-2 years, though there is no fixed schedule. The government issues gazette notifications when new rates come into effect.

You can negotiate the actual purchase price, but the property cannot be registered below the circle rate. Even if you buy below circle rate, stamp duty will be calculated on the circle rate value. Effectively, the government treats the circle rate as the minimum declared value for that property.