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.
See also: Circle rates in North-East Delhi 2023
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 |
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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.
| 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 |
