The Government of NCT of Delhi has initiated the process of revising circle rates (the minimum property valuation rates) across the capital and has invited suggestions from the public, Resident Welfare Associations (RWAs), industry bodies, and other stakeholders.
According to the Department of Revenue, the revision aims to align the notified rates with prevailing market conditions and ensure transparency in property transactions. The move is expected to have a significant impact on property registration, stamp duty collection, and real estate valuations across different categories of land and properties in Delhi.
Existing Guidelines
Currently, the circle rates in Delhi are governed by two key notifications:
- Notification dated 14 March 2008 (No.F.1(177)/Regn. Br./Div.Com/07/254-279) for agricultural land and river bed areas.
- Notification dated 22 September 2014 (No.1(953)/Regn. Br./Div.Com/HQ/2014/5943) for residential, commercial, and industrial properties.
Both notifications define the minimum valuation benchmarks for property transactions. However, with market prices evolving, the government believes an update is essential to keep the system relevant and fair.
Public Participation
To make the revision process inclusive, the Revenue Department has sought views from all stakeholders. Interested parties can submit their feedback by sending suggestions to suggestionondelhicirclerates@gmail.com within 15 days from October 1, 2025.
The department has assured that all feedback will be carefully reviewed before finalizing the revised rates.
Circle rates directly affect property registration charges, stamp duty, and taxation. Higher circle rates often bring property valuations closer to actual market prices, thereby reducing black money in real estate transactions. On the other hand, a steep hike may increase the cost burden on homebuyers and sellers.
Official Statement
“The Government values your input and will duly consider all suggestions before finalizing the revised circle rates,” the public notice stated.
With this revision underway, property buyers, sellers, and developers in Delhi are watching closely, as the updated rates could influence both affordability and investment trends in the city’s real estate market.
