What is the circle rate of South Delhi?

South Delhi is an administrative district of the Delhi-National Capital Region (NCR). It is divided into three subdivisions – Saket, Hauz Khas and Mehrauli. It is bound by Yamuna River on the east, Faridabad district to the southeast, Gurgaon to the southwest and South West Delhi to the west.

Table of Contents

What is the circle rate?

Circle rate is the minimum value that a property can command in an area. Based on the circle rate, the stamp duty and registration charges of the property can be calculated.

Factors that affect circle rate:

Amenities
Connectivity
Location
Infrastructure
Market demand
Property usage– residential, commercial and industrial
Property configuration

South Delhi locations

South Delhi includes upscale areas, such as Saket, Malviya Nagar, Hauz Khas, Greater Kailash, Green Park, RK Puram, Gulmohar Park, Gulmohar Enclave, Vasant Vihar and Vasant Kunj.

How to check the circle rate in South Delhi?

To check the circle rate online, visit https://eval.delhigovt.nic.in/.
You will reach the e-circle rate calculator page.
Select the required details and click on ‘Submit’.

South Delhi circle rate 2024

Area	Circle rate per sqm	Residential construction cost per sqm	Commercial construction cost per sqm
Vasant Vihar	Rs 7.74 lakh	Rs 21,960	Rs 25,200
Green Park	Rs 2.46 Lakh	Rs 17,400	Rs 19,920
Safdarjung Enclave	Rs 2.46 Lakh	Rs 17,400	Rs 19,920
Greater Kailash	Rs 2.46 Lakh	Rs 17,400	Rs 19,920

South Delhi circle rate for flats in 2024

Area (sqm)	DDA, society flats (per sqm)	Private builder flats (per sqm)	Multiplying factors for private colonies
Up to 30	Rs 50,400	Rs 55,400	1.1
30-50	Rs 54,480	Rs 62,652	1.15
50-100	Rs 66,240	Rs 79,488	1.2
Over 100	Rs 76,200	Rs 95,250	1.25
Multi-storey apartment	Rs 87,840	Rs 1.1 Lakh	1.25

Why should you invest in South Delhi?

South Delhi is one of the most posh places in the National Capital. It is well-connected to other parts of the city through public transport. The Delhi Metro connects South Delhi with other places. South Delhi has some of the best medical facilities in the country, such as Fortis, Max Speciality, Apollo Hospital and All India Institute of Medical Sciences. Educational institutions, such as the Indian Institute of Technology (IIT), the All India Institute of Medical Sciences (AIIMS) and the National Institute of Fashion Technology (NIFT), are in South Delhi. The Indian Institute of Foreign Trade of Delhi is located in the Qutub Institutional Area of South Delhi. This is one of the oldest areas of Delhi. Hence, most investments here are primarily resale or projects that have gone under redevelopment.

FAQs

What is the circle rate?

Designated by the state government, the circle rate is the minimum property price fixed by the state government.

How do you find the circle rate in South Delhi?

You can check the circle rate under ‘Know Your Property Valuation’ on the e-circle rate calculator page of the DORIS portal.

Can the circle rate be lower than the market rate?

Yes, the circle rate can be lower than the market rate.

Which portal should you log in to check online guidance value?

The DORIS portal provides all the details about guidance value for South Delhi locations.

What are the other names for circle rate?

The circle rate is known as the guidance value or ready-reckoner rate.

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Anuradha Ramamirtham

With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
Email: [email protected]