Okhla is a populated area in southeast Delhi, known primarily for its industrial estate, Okhla Industrial Estate, and affordable residential colonies. The area enjoys easy connectivity with Noida (Uttar Pradesh) and Faridabad (Haryana). An amalgamation of residential colonies, this area is a popular spot for homebuyers looking for affordable property in the national capital. Property rates in Okhla are determined by the prevalent circle rate of the area.
See also: Delhi circle rates
What is the circle rate? How is it different from the market rate?
Circle rate is the basic minimum value attached to a property by government authorities. This is the rate below which a property can neither be sold nor purchased in the open market. While a property can be priced higher than the circle rate, it cannot be valued below the circle rate. Circle rate is known by many other names, such as ready-reckoner rate and collector rate.
See also: What is circle rate?
Okhla circle rate for flats in 2024
| Area | DDA, society flats (per sqm) | Private builder flats (per sqm) |
| Up to 30 sqm | Rs 50,400 | Rs 55,400 |
| 30-50 sqm | Rs 54,480 | Rs 62,652 |
| 50-100 sqm | Rs 66,240 | Rs 79,488 |
| Over 100 sqm | Rs 76,200 | Rs 95,250 |
Okhla circle rate for multi-storey apartment
| Area | DDA, society flats (per sqm) | Private builder flats (per sqm) |
| Rs 87,840 | Rs 1.1 lakh |
Okhla circle rate for residential and commercial plots in 2023
Land cost (per sqm): Rs 46,200
Construction cost: Residential (per sqm): Rs 6,960
Construction cost: Commercial (per sqm): Rs 8,040
Okhla circle rate for agricultural land 2024
Green belt villages: NA
Urbanised villages: Rs 4 crore per acre
Rural villages: Rs 2.4 crore per acre
Okhla circle rate of land in colonies in 2024
| Land cost per sqm | Construction cost |
| Rs 56,640 lakh | Rs 8,220 |
How to check the circle rate in Okhla?
Step 1: To find circle rates in Okhla, visit the official website of the revenue department of the Delhi government (https://revenue.delhi.gov.in/).
Step 2: On the home page, click on the Notice Board option.
Step 3: Under the Notice Board option, click on Previous Notifications.
Step 4: Select the year 2014; the last time circle rates in Delhi were revised.
Step 5: You will find the revised circle rate file to download. You will find the revised circle rate list in Okhla, Delhi.
Should you buy a property in Okhla?
In the past few years, Okhla has been on the radar of real estate developers amid a rise in demand for residential real estate. Even as infrastructure developers provide this area with connectivity, social infrastructure has seen an improvement in the past half a decade. Connected with other parts of the city, the area has its metro station, the Okhla Vihar metro station, on the Magenta Line of the Delhi Metro. The area is serviced by Okhla Railway Station. Since this is a developing area, the chances of value appreciation in this area are higher than other established localities in the city.
Homebuyers can purchase flats, builder flats and independent homes at affordable rates.
Stamp duty on property purchase in Okhla in 2024
| Buyer type | Stamp duty |
| Male | 6% |
| Female | 5% |
| Joint | 5% |
Source: revenue.delhi.gov.in
Registration fee on property purchase in Okhla in 2024
| Gender | Registration charges (A percentage of the property value) |
| Male | 1% |
| Female | 1% |
| Joint | 1% |
Source: revenue.delhi.gov.in
FAQs
Where is Okhla in Delhi?
Okhla is located in the south-east of Delhi.
Which metro line goes to Okhla?
The Delhi Metro’s Magenta Line provides connectivity to Okhla.
In how many categories is Delhi divided for circle rate determination?
Areas in Delhi are divided into eight categories for circle rate determination.
In which category of area does Okhla fall?
Okhla is under Category G in Delhi.
What is the Delhi circle rate for Category G?
In the case of land, it is Rs 46,200 per sqm.
Who decides circle rates in Delhi?
The Delhi government decides circle rates in Delhi.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
