Rajouri Garden is a prominent locality in west Delhi with a range of commercial and residential properties. It is a high-density locality surrounded by residential areas, such as Shivaji Enclave, Raja Garden, Mayapuri, Tagore Garden, Kirti Nagar, Punjabi Bagh, and Ramesh Nagar. When looking to buy a property, homebuyers or commercial investors should be aware of the property prices or circle rates.
See also: Circle rates in Connaught Place, Delhi
What are circle rates?
Circle rates refer to the minimum property value determined by the local government, below which a property cannot be registered during its sale or transfer. Property buyers must pay the stamp duty and registration charges based on the circle rates or the actual cost of the property, whichever is higher.
The circle rates in Delhi are determined by the Delhi government based on various factors as mentioned below:
- Property’s market value, which is typically higher than the circle rate
- Usage of a property where circle rates are lower for residential properties compared to commercial properties
- Amenities such as good roads, transportation and infrastructure, shopping malls, etc.
- The location of the property where the circle rates will be higher in posh localities compared to rural areas
Circle rates for land in Rajouri Garden 2023
| Area | Land cost per sqm | Construction cost |
| Rajouri Garden | Rs 1.28 Lakh | Rs 11,160 |
Circle rates for agricultural land in Rajouri Garden 2023
| Area | Green belt villages (in Rs crore per acre) | Urbanised villages (in Rs crore per acre) | Rural villages (in Rs crore per acre) |
| West | 3 | 3 | 3 |
Delhi circle rate for flats in 2023
| Area | DDA, society flats (per sq metre) | Private builder flats (per sq metre) | Multiplying factors for private colonies |
| Up to 30 sqm | Rs 50,400 | Rs 55,400 | 1.1 |
| 30-50 sqm | Rs 54,480 | Rs 62,652 | 1.15 |
| 50-100 sqm | Rs 66,240 | Rs 79,488 | 1.2 |
| Over 100 sqm | Rs 76,200 | Rs 95,250 | 1.25 |
| Multi-storey apartment | Rs 87,840 | Rs 1.1 Lakh | 1.25 |
Circle rate for residential and commercial plots in 2023
Properties in Delhi are classified under eight categories – A to H, with the most expensive localities under Category A, while the lowest-value areas are under Category H. Rajouri Garden falls under Category D.
| Category | Land cost (per sqm) | Construction cost: Residential (per sqm) | Construction cost: Commercial (per sqm) |
| D | Rs 1.28 Lakh | Rs 11,160 | Rs 12,840 |
How to check circle rates in Delhi?
One can check the circle rates in Delhi through the Delhi government’s online registration information system https://eval.delhigovt.nic.in/.
On the e-circle rate calculator, select the sub-registrar, locality, deed name and sub-deed name from the menu and click on ‘Submit’ to proceed.
Circle rates in Rajouri Garden: Commercial and residential real estate trends
Rajouri Garden is a well-developed neighbourhood offering a range of housing options, including private bungalows and DDA flats, available for buying and renting. It is one of the prominent retail markets in Delhi and has popular shopping malls, such as TDI Mall, Pacific Mall and Westgate Mall. The presence of these retail spaces has led to the growth of the commercial real estate market in the area.
Moreover, the locality has social infrastructural facilities. These include schools, such as Hans Raj Model School, Cambridge Foundation School, etc., and multi-specialty hospitals. The area is well-connected to other parts of Delhi and has a metro station that is a major interchange point on the Delhi Metro network. Property prices have witnessed an upward trend in recent years owing to the metro connectivity. The average property price in the area is Rs 14,798 per sqft, while the average rent for a 2BHK is around Rs 30,000-35,000 per month.
Reasons to invest in Rajouri Garden
Rajouri Garden is a thriving commercial and residential projects hub in west Delhi. It has established itself as a popular retail hub owing to the presence of several malls, food joints and restaurants. The area enjoys location advantages and is in proximity to the airport. Besides, the Rajouri Garden metro station provides direct connectivity to east Delhi, Noida, and the office hubs in Connaught Place.
FAQs
How to check circle rates in Delhi?
One can visit the Delhi government’s online registration information system https://eval.delhigovt.nic.in/ to know the circle rates.
Are circle rates different from market rates?
The circle rates are the minimum value of a property determined by the state government, while the market rate is mostly determined by the seller and is usually higher in comparison to their circle rates.
Which factors affect the circle rates in Delhi?
Circles rates vary based on the property's location, usage, amenities, and other factors.
How are circle rates in Delhi calculated?
Property value in Delhi is calculated based on the circle rate by multiplying the area (in square metre) with the circle rate for the locality (in Rs per square metre).
What is the circle rate in south-west Delhi?
The circle rate for agricultural land in Rajouri Garden is Rs 3 Crore per acre.
| 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 |
