Mehrauli, situated in South Delhi, is an affordable residential neighbourhood comprising sub-localities, such as Garhwal Colony, Seth Sarai and Desu Colony. Mehrauli is home to the iconic tourist attraction, Qutub Minar, and a preferred choice for both property investors and individual home buyers in South Delhi. This article provides information about the prevailing circle rates that impact real estate transactions in Mehrauli.
See also: Circle rate in Mukherjee Nagar, Delhi
What are circle rates?
In Delhi, circle rates, also known as ready-reckoner rates, play a crucial role in property transactions. Set by the Delhi Development Authority (DDA), these rates determine the minimum value at which a property can be officially registered in a specific area. Circle rates are instrumental in calculating stamp duty, property registration charges and other taxes associated with real estate transactions.
How to check circle rates in Delhi?
- Visit the official website of the revenue department of the Delhi governmentat https://revenue.delhi.gov.in/.
- On the home page, click on the Notice Board Previous Notifications. This will lead you to a repository of past notifications, including information on circle rates.
- Select the year 2014, which is the last time circle rates in Delhi were revised. Click on the year to proceed to the relevant documents.
- Download the file to access the comprehensive list of revised circle rates for various localities across Delhi.
See also: Delhi circle rate in 2023
Circle rates in Mehrauli, Delhi
To maintain uniformity, the Delhi government has categorised properties in the city into eight groups, from A to H. Category A comprises the most affluent districts, while Category H includes areas with low property values. Mehrauli is classified under Category F, with a circle rate of Rs 56,640 per sqm.
| Circle rate (per sqm) | Residential construction (per sqm) | Commercial construction (per sqm) |
| Rs 56,640 | Rs 8,220 | Rs 9,480 |
Real estate trends in Mehrauli, Delhi
Mehrauli, Delhi: Connectivity
Mehrauli in Delhi boasts a well-connected infrastructure with an extensive road network, including Sri Aurobindo Marg, Mehrauli-Gurgaon Marg, Anuvrat Marg and Mehrauli-Badarpur Marg. These roadways connect to neighbouring localities, such as Kishangarh Village, Vasant Kunj, Jawaharlal Nehru University, Qutab Institutional Area, Lado Sarai, Adchini Village, Chhatarpur and Sainik Farm. Positioned just 7 kilometres from NH-48 and along NH-148A, Mehrauli is linked to major transportation arteries.
For metro connectivity, Mehrauli is served by the Qutab Minar Metro Station on the Yellow Line, facilitating easy access to Gurugram and various prominent areas in Central, South and North Delhi. The locality is approximately 14 kilometres from the Hazrat Nizamuddin Railway Station and 16 kilometres from the New Delhi Railway Station. In terms of air travel, Mehrauli is situated 14 kilometres from the T1 terminal and 13 kilometres from the T3 terminal of the IGI Airport.
Mehrauli, Delhi: Infrastructure
Mehrauli is renowned for its robust infrastructure and well-established social amenities. The locality hosts prominent schools, such as Government Boys Senior Secondary School, Saraswati Bal Mandir, Prince Public School and Ramanujan Sarvodaya Kanya Vidyalaya. Additionally, Aditya Institute of Technology, Delhi Polytechnic College and Alpha Technical College contribute to the educational landscape around Mehrauli.
For healthcare needs, residents have access to major hospitals and healthcare centres, including Vikas Hospital, the National Institute of TB and Respiratory Diseases, Bhagwati Hospital and Yogmaya Hospital. Mehrauli offers high-end retail experiences with nearby avenues, such as DLF South Court, Select Citywalk, DLF Place and Saket Community Centre, enhancing the lifestyle and convenience for the residents.
Mehrauli, Delhi: Residential properties
Mehrauli, Delhi, offers a diverse array of residential properties, ranging from single-family homes to independent builder floors. The locality’s real estate landscape is characterised by well-planned neighbourhoods, such as Garhwal Colony, Seth Sarai and Desu Colony.
Mehrauli, Delhi: Commercial properties
Although Mehrauli is predominantly residential, its proximity to the Qutub Institutional Area and Saket District Centre enhances its appeal as a commercial and employment hub. This location hosts numerous corporate offices and institutions, making it a significant commercial complex. Aerocity, positioned 13 km away, is easily reachable within 25-30 minutes. Mehrauli boasts close connectivity to crucial employment centres in Gurugram, including Cyber City (14 km) and Udyog Vihar (16 km), along with various commercial towers on both sides of NH-48.
Mehrauli, Delhi: Price trends
There are several residential properties in Mehrauli for buying and renting. The average price of houses in the locality is Rs 9,534 per sq. ft., while the average rent is Rs 16,832.
Why invest in Mehrauli, Delhi?
Investing in Mehrauli, Delhi, proves advantageous due to its status as a hub for both upcoming and fully-developed projects. The residential properties in Mehrauli are sought after for various reasons, including their strategic connectivity, proximity to essential social amenities and the harmonious blend of contemporary and traditional architectural styles. This makes Mehrauli an attractive choice for investors and home seekers, offering a comfortable and well-connected living environment in the heart of Delhi. The locality’s dynamic growth and desirable features make it a promising destination for a sound investment in the Delhi real estate market.
FAQs
How is property value determined based on the circle rate?
Property value is calculated by multiplying the circle rate in the area by the property’s built-up area in square metres.
What happens if the market value is lower than the circle rate?
If the market value is lower than the circle rate, the property must be registered based on the higher value, which is the circle rate.
What is stamp duty?
Stamp duty is calculated by taking into account various factors, including market value, transaction value and circle rates set by the local government.
What factors influence the circle rate of an area?
Circle rates depend on various factors, including the location, infrastructure, amenities provided, and economic factors.
What is the circle rate for flats in Delhi?
The circle rate for flats in Delhi ranges between Rs 23,280 to Rs 7.74 lakh.
Which area in Delhi is considered the most expensive?
In terms of property prices, some of the most expensive areas in Delhi include Lodi Road Industrial Area, Nehru Place, Maharani Bagh, New Friends Colony, Vasant Vihar and Shanti Niketan.
Is it mandatory to pay house tax in Delhi?
Yes, all property owners must pay property tax in Delhi.
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