Circle rates in Manesar

Manesar has been through various industrial developments over the years. It has many manufacturing plants, industries, and economic zones. It is famous for its automobile sector as it is home to popular companies like Maruti Suzuki. This area has good connectivity to Delhi and other NCR areas because of an efficient road and rail network. 

Manesar has seen immense growth in industries, leading to an increase in residential and commercial investments in the area. If you want to invest in this area, it is crucial to have an understanding of circle rates in Manesar so that you can make an informed decision. 

See also: Manesar property market: An overview

 

Circle rates for residential properties in Manesar

Localities	Circle rate (per sqft)
Sector 1, IMT Manesar	Rs 4,400
Sector 36	Rs 7,000
Sector 90	Rs 6,800
Sector 76	Rs 5,500
Sector 77	Rs 5,500
Sector 78	Rs 5,500
Sector 79	Rs 5,500
Sector 79A	Rs 5,500
Sector 79B	Rs 5,500
Sector 80	Rs 5,500
Sector 81	Rs 5,500
Sector 82A	Rs 5,500
Sector 82	Rs 5,500
Sector 83	Rs 5,500
Sector M1	Rs 5,500
Sector M1 (A)	Rs 5,500
Sector M1 (B)	Rs 5,500
Sector M1 (C)	Rs 5,500
Sector M1 (D)	Rs 5,500
Sector 84	Rs 5,500
Sector 85	Rs 5,500
Sector 86	Rs 5,500
Sector 87	Rs 5,500

 

Circle rates for independent floors in Manesar

Localities	Circle rate (per sqft)
Sector 1, IMT Manesar	Rs 4,400
Sector 36	Rs 7,000
Sector 90	Rs 6,800
Sector 76	Rs 5,500
Sector 77	Rs 5,500
Sector 78	Rs 5,500
Sector 79	Rs 5,500
Sector 79A	Rs 5,500
Sector 79B	Rs 5,500
Sector 80	Rs 5,500
Sector 81	Rs 5,500
Sector 82A	Rs 5,500
Sector 82	Rs 5,500
Sector 83	Rs 5,500
Sector M1	Rs 5,500
Sector M1 (A)	Rs 5,500
Sector M1 (B)	Rs 5,500
Sector M1 (C)	Rs 5,500
Sector M1 (D)	Rs 5,500
Sector 84	Rs 5,500
Sector 85	Rs 5,500
Sector 86	Rs 5,500
Sector 87	Rs 5,500

 

Circle rates for plots in licensed sectors in Manesar 

Localities	Circle rate (per sq yard)
Sector 1, IMT Manesar	Rs 30,800
Sector 36A	Rs 52,800
Sector 90	Rs 44,000
Sector 76	Rs 57,200
Sector 77	Rs 57,200
Sector 78	Rs 57,200
Sector 79	Rs 49,500
Sector 79A	Rs 49,500
Sector 79B	Rs 49,500
Sector 80	Rs 57,200
Sector 81A	Rs 57,200
Sector 82A	Rs 57,200
Sector 83	Rs 57,200
Sector M1	Rs 49,500
Sector M1 (A)	Rs 49,500
Sector M1 (B)	Rs 57,200
Sector M1 (C)	Rs 49,500
Sector M1 (D)	Rs 57,200
Sector 84 (Partly)	Rs 49,500
Sector 85	Rs 49,500
Sector 86	Rs 49,500
Sector 87 (Partly)	Rs 49,500
Villa	Rs 52,000

 

Circle rates for commercial properties in Manesar 

Localities	Circle rate (per sqft)
Sector 1-2, IMT Manesar	Rs 5,800
Sector 36A	Rs 13,000
Sector 90	Rs 8,300
Sector 76	Rs 6,300
Sector 77	Rs 6,300
Sector 78	Rs 6,300
Sector 79	Rs 6,300
Sector 79A	Rs 6,300
Sector 79B	Rs 6,300
Sector 80	Rs 6,300
Sector 81A	Rs 6,300
Sector 82A	Rs 6,300
Sector 83	Rs 6,300
Sector M1	Rs 6,300
Sector M1 (A)	Rs 6,300
Sector M1 (B)	Rs 6,300
Sector M1 (C)	Rs 6,300
Sector M1 (D)	Rs 6,300
Sector 84 (Partly)	Rs 6,300
Sector 85	Rs 6,300
Sector 86	Rs 6,300
Sector 87 (Partly)	Rs 6,300

 

Circle rates for IT in Manesar 

Localities	Circle rate (per sqft)
Sector 1-2, IMT Manesar	Rs 4,600
Sector 36A	Rs 10,000
Sector 90	Rs 7,200
Sector 76	Rs 4,600
Sector 77	Rs 4,600
Sector 78	Rs 4,600
Sector 79	Rs 5,000
Sector 79A	Rs 5,000
Sector 79B	Rs 5,000
Sector 80	Rs 4,600
Sector 81A	Rs 4,600
Sector 82A	Rs 4,600
Sector 83	Rs 4,600
Sector M1	Rs 4,600
Sector M1 (A)	Rs 5,000
Sector M1 (B)	Rs 4,600
Sector M1 (C)	Rs 5,000
Sector M1 (D)	Rs 4,600
Sector 84 (Partly)	Rs 5,000
Sector 85	Rs 5,000
Sector 86	Rs 5,000
Sector 87 (Partly)	Rs 5,000

 

Circle rates for shop-cum-office (SCO) in Manesar 

Localities	Commercial (per sq yard)
Sector 1, IMT Manesar	Rs 66,000
Sector 36A	Rs 1,54,000
Sector 90	Rs 93,500
Sector 76	Rs 99,000
Sector 77	Rs 99,000
Sector 78	Rs 99,000
Sector 79	Rs 88,000
Sector 79A	Rs 88,000
Sector 79B	Rs 88,000
Sector 80	Rs 99,000
Sector 81A	Rs 99,000
Sector 82A	Rs 99,000
Sector 83	Rs 99,000
Sector M1	Rs 88,000
Sector M1 (A)	Rs 88,000
Sector M1 (B)	Rs 99,000
Sector M1 (C)	Rs 88,000
Sector M1 (D)	Rs 99,000
Sector 84 (Partly)	Rs 88,000
Sector 85	Rs 88,000
Sector 86	Rs 88,000
Sector 87 (Partly)	Rs 88,000

Information source: https://gurugram.gov.in/

 

The government of Haryana checks location, infrastructure, demand and supply trends to determine the circle rate. The officials also take suggestions from real estate experts and stakeholders to make an informed and accurate decision. The primary goal of the government is to ensure that the properties are not undervalued or overvalued while earning the right amount of revenue.

 

FAQs

Do circle rates change over time?

Yes, circle rates are not fixed. They change with the market conditions and policies.

Do circle rates vary for different types of properties?

Yes, circle rates vary for different types of properties like commercial, residential, and industrial properties.

What are the repercussions of undervaluing a property below circle rates?

Undervalued property can lead to legal and financial issues. It results in fines, penalties and legal action by the authorities.

Do circle rates affect developers in Manesar?

Circle rates affect developers in Manesar due to the cost associated with it. High circle rate increases the overall cost, whereas low circle rates lead to low land acquisition costs.

Can I negotiate the circle rate?

No, you cannot negotiate the circle rates because they are fixed by the government.

Is the circle rate the same in all areas of Manesar?

No, circle rates differ from area to area in Manesar.

Can I challenge the circle rate fixed by the government?

Yes, you can challenge the circle rate by filing a petition with the local government authorities.

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