If you are buying a property in Allahabad, you have to get it registered in the government records, based on its circle rate.

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What is circle rate?

District administrations fixe a standard rate for land and other properties throughout the city. No transaction can be registered below this rate. Since cities are large, they are often divided into different localities, the circle rates tend to vary as well.

Important factors to consider about circle rates

If you want to know about the circle rates in Allahabad, here are some of the important factors to keep in mind:
The circle rate or price is solely decided by the state government or development authorities.
Even within the same city, circle rates might be valued based on different localities
The actual price of the property might be different from the circle rate
Circle rates can be lower than the market value of the property

See also: Ready Reckoner rate

Property rates in various parts of Allahabad

Name of the Locality	Price range per sqft in Rs	Average price per sqft in Rs
JHUSI	1,111 – 4,024.	3,872.6
NAINI	2,083 – 4,370.	3,376.
JHALWA	3,150 – 3,770.	3,563.53
DHUMANGANJ ALLAHABAD	4,000	4,000
CIVIL LINES	3,941 – 9,655	7,617
KALINDIPURAM	4,440 – 6,071	4,847
SULEM SARAI	3,365 – 4,135	4,134
ASHOK NAGAR	6,793.	6,793
LUCKNOW ROAD	3,300 – 3,800.	3,533
ALLAHPUR	5,978 – 6,000.	5,989
DANDI	2,564 – 2,732	2,647
NEW MUMFORDGANJ	5,000 – 6,977	5,494
PREETAM NAGAR	4,000 – 4,024	4,241
AIRPORT ROAD	3,770	3,770
LUKARGANJ	5,143	5,143
KYDGANJ	2,920	2,920
ALOPIBAGH	6,878	6,878

Housing schemes in Allahabad

While searching for the circle rates in Allahabad, it is worth looking at the various housing schemes within the city. The Prayagraj Development Authority offers some of the most cost-effective housing schemes. Here is a list of some of the latest housing schemes developed by Prayagraj Development Authority 2021.

Mausam Vihar Awasiya Yojana

The Mausam Vihar Awasiya Yojana is focused on an economical housing solution. This multi-level residential project has planned to offer hundreds of flats. The allotment registration started back in June 2016, with an accumulation of both 2BHK and 3 BHK Flats.

Here is a detailed list of all the flats in different towers with their estimated valuations:

Tower Name	Approximate Area	Estimated value in Rs
3 BHK, Sharad	127.84 sqm	56,00,000
2 BHK, Shishir	100 sqm	43,12,000
2 BHK Hemant	84.14 sqm	35,95,500
2 BHK Basant	78.33 sqm	33,60,000

Note: The allocation fee is generally set to 10% of the entire flat cost.

Naini Awas Yojana

Yamuna Vihar has its own housing scheme, the Naini Awas Yojana, launched back in 2017 by PDA. It is also aimed towards offering an economical housing solution. The Naini Awas Yojana exclusively offers 2 BHK apartments with a subsidized home loan at 4% interest. The flat details include:

Tower Name

Approximate area

Estimated value in

2 BHK

75.29 sq. m.

29,83,000

Jagriti Vihar

Another housing scheme launched by the PDA is Jagriti Vihar, a multi-level residential project. The scheme offers flats for the middle-income group and mini middle income group. The details of the flats available in Jagriti Vihar are as follows:

Configuration

Approximate Area

Estimated value in

MIG

67.80 sqm

25,18,000

MIG-Mini

54.30 sqm

18,87,000

Check out: Info. regarding Allahabad pin code

FAQs

What is circle rate?

Circle rate is government-set benchmark below which a property can’t be registered.

Can you sell a property below the circle rate?

Yes, but the registrar would demand stamp duty as per the circle rate.

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Priya Banerjee

Priya Banerjee, a writer with a keen eye on the property market, she deciphers the ever-changing trends in residential real estate. Priya excels at simplifying complex real estate terms, making them easy for everyone to understand. Her well-researched advice helps buyers and investors understand complex topics.