Delhi Govt notifies the extension of relaxation of 20% in the minimum rates (Circle rates) till 30.06.2022 for valuation of lands and immovable properties in Delhi under rule 4 of the Delhi Stamp (Prevention of Under-Valuation of Instruments) Rules, 2007 for the purpose of payment of Stamp duty under Indian Stamp Act, as applicable to Delhi & registration fees under the Registration Act, 1908 in Delhi.
REVENUE DEPARTMENT
NOTIFICATION
Delhi, the 30th December, 2021
No. F. 1(2854)/Regn.Br./Div.Comm./HQ/2020/6841.—In exercise of power conferred by rule 4 of the Delhi Stamp (Prevention of Under-Valuation of Instruments) Rules, 2007 read with the Ministry of Home Affairs, Government of India SO 1736 (No. 2/5/61-Judl-II) dated the 22nd July, 1961 and Notification S.O. 2709 (41/2/66-Delhi), dated the 7th September 1966 and in continuation of the notification No. F.1(2854)/Regn.Br./Div.Comm./HQ/2020/5453 dated the 26/02/2021, read with subsequent Notification of this Government No. F.1(2854)/Regn.Br./Div.Comm./HQ/2020/6368 dated the 30th September, 2021 the Lt. Governor of the National Capital Territory of Delhi hereby notifies the extension of relaxation of 20% in the minimum rates (Circle rates) till 30.06.2022 for valuation of lands and immovable properties in Delhi for the purposes of the said Act and Rules made there under, as specified in Annexure-I annexed to this notification and since it is considered that these extension of minimum rates should be brought into force at once, the Lt. Governor further directs that they shall come into force with immediate effect without previous publication.
The above rates, inter alia, shall be continued to be taken into consideration for registration of instruments relating to lands and immovable properties in Delhi by all the Registering Authorities under the provisions of the Indian Stamp Act, 1899 (2 of 1899) and the Indian Registration Act 1908 (XVI of 1908) as in force in Delhi at the time of registration of instruments.
These revised rates shall continue to remain in force till 30/06/2022.
By Order and in the Name of the
Lt. Governor of the National Capital Territory of Delhi, SANJEEV
KHIRWAR, Principal Secy.-cum-Divisional Commissioner (Revenue)
Minimum Rates (Circle Rates) for valuation of land and properties for the purpose of payment of Stamp duty under Indian Stamp Act, as applicable to Delhi & registration fees under the Registration Act, 1908 in Delhi:-
TABLE 1
MINIMUM LAND RATE FOR RESIDENTIAL USE | ||
Category of the locality | Present minimum rates for valuation of land for residential use (in Rs. Per Sq.Mtr.) | Effective Circle Rates for valuation of land for residential use (in Rs. Per Sq.Mtr.) |
A | 774000 | 619200 |
B | 245520 | 196416 |
C | 159840 | 127872 |
D | 127680 | 102144 |
E | 70080 | 56064 |
F | 56640 | 45312 |
G | 46200 | 36960 |
H | 23280 | 18624 |
TABLE 2
MINIMUM RATES FOR COST OF CONSTRUCTION FOR RESIDENTIAL USE | ||
Category of the locality | Present minimum rates of construction for residential use (in Rs. Per Sq.Mtr.) | Effective Circle Rates for valuation of land for residential use (in Rs. Per Sq.Mtr.) |
A | 21960 | 17568 |
B | 17400 | 13920 |
C | 13920 | 11136 |
D | 11160 | 8928 |
E | 9360 | 7488 |
F | 8220 | 6576 |
G | 6960 | 5568 |
H | 3480 | 2784 |
TABLE 3
MINIMUM RATES FOR COST OF CONSTRUCTION FOR COMMERCIAL USE | ||
Category of the locality | Present minimum rates of construction for commercial use (in Rs. Per Sq.Mtr.) | Effective Circle Rates for valuation of land for residential use (in Rs. Per Sq.Mtr.) |
A | 25200 | 20160 |
B | 19920 | 15936 |
C | 15960 | 12768 |
D | 12840 | 10272 |
E | 10800 | 8640 |
F | 9480 | 7584 |
G | 8040 | 6432 |
H | 3960 | 3168 |
TABLE 4
MINIMUM RATES OF BUILT-UP FLATS UPTO FOUR STOREY | ||||
Category of flats depending on plinth area (sq.mtr.) | Present minimum built-up rate (in rupees per sq. mtr.) for DDA colonies and Group Housing Society (in case of residential use) | Effective minimum built-up rate (in rupees per sq. mtr.) for DDA colonies and Group Housing Society (in case of residential use) |
Present minimum built- up rate (in rupees per sq. mtr.) for DDA colonies /Cooperative Housing Societies/ flats by private builders (in case of commercial use) | Effective minimum built-up rate (in rupees per sq. mtr.) for DDA COLONIES /Cooperative Housing Societies /flats by private builders (in case of commercial use) |
Upto 30 sq. mtr. | 50400 | 40320 | 57840 | 46272 |
Above 30 and upto 50 sq. mtr. |
54480 | 43584 | 62520 | 50016 |
Above 50 and upto 100 sq.mtr. |
66240 | 52992 | 75960 | 60768 |
Above 100 sq. mtr. |
76200 | 60960 | 87360 | 69888 |
TABLE 5
MINIMUM RATES OF BUILT-UP FLATS HAVING MORE THAN FOUR STOREYS | ||
Category of Property | Present minimum built-up rate (in rupees per sq. mtr.) | Effective minimum built-up rate (in rupees per sq. mtr.) |
Residential | 87,840/- | 70,272/- |
Commercial | 1,00,800/- | 80,640/- |
- The Multiplying factors applicable to the various categories as notified by the notification No. F.1/953/Regn.Br./Div.Comm./HQ/R/2014/5943 dated 22/09/2014 shall continue to apply even after 20% envisaged reduction in the Circle Rates.
Note : where part plinth area, say one floor, of an independent property other than a flat is sold, the relevant minimum land cost may be taken for the proportionate plinth area sold, and minimum cost of construction applied on plinth area sold.