What is the circle rate in Rohini Delhi?

Rohini is a thriving property market in Delhi, particularly for residential real estate.

Rohini, a planned sub-city in northwest Delhi, commenced its development in 1980 as a part of the Delhi Development Authority’s (DDA) urban extension programme. Rohini is strategically divided into two phases – Zone M and Zone H. Zone H encompasses Phases I and II, while Zone M comprises Phases III, IV and V. Rohini is well-equipped with social amenities, ensuring a comfortable lifestyle for its residents. With straightforward living conditions and ample employment opportunities, Rohini has evolved into an affluent neighbourhood. Given the rise in property prices and demand, investing in Rohini proves to be a lucrative option, which offers competitive circle rates.

See also: Delhi circle rate in 2023

 

What are circle rates?

The circle rate is the minimum or lowest price at which the registration of a commercial or residential property, including apartments, plots or built-up houses, can take place during a sale or transfer in an area. In Delhi, the DDA oversees and regulates these circle rates to prevent speculative pricing.

 

Circle rates in Rohini, Delhi

The Delhi government has classified properties into eight categories – A to H. The most affluent neighbourhoods in Delhi belong to Category A, whereas Category H includes areas with the lowest property values in the city. Rohini falls into Category E, with a circle rate of Rs 70,080 per square metre.

 

Circle rate per square metre Residential construction cost per square metre Commercial construction cost per square metre
Rs 70,080 Rs 9,360 Rs 10,800

 

How to check circle rates in Rohini?

  • Visit the official website of the Delhi government’s online registration information system https://eval.delhigovt.nic.in/ to check the circle rates in Delhi. Click on the e-Valuation option on the menu bar.
  • Users will be directed to the e-circle rate calculator page. 
  • Choose the sub-registrar, locality, deed name, and sub-deed name from the dropdown menu.
  • Click on ‘Submit’ to view details.

 

Real estate trends in Rohini, Delhi

Rohini is a highly sought-after locality in Delhi, known for its well-planned layouts, sectors, expansive parks and excellent connectivity options.

Rohini, Delhi: Location and connectivity

Rohini’s development can be attributed to its efficient connectivity with other localities through both road and rail networks. Virtually every residential colony in Rohini is served by a bus stand, with Delhi Transport Corporation (DTC) buses connecting to various areas, including New Ashok Nagar, Old Delhi Railway Station, Safdarjung Terminal and Shivaji Stadium. Special DTC services operate from the Indira Gandhi International Airport to Rohini.

Rohini enjoys excellent connectivity across the city via the metro. Three metro stations – Rohini West, Rohini East and Rithala – connect the locality to Dilshad Garden, Kashmere Gate and several other areas. Auto-rickshaws and cabs serve as an additional mode of transportation, while cycle-rickshaws offer an economical option for short distances.

Noteworthy bus stands in Rohini include Rohini Sector 16, Begumpur and Saraswati Chowk. National Highway 8 traverses through this area. The Indira Gandhi International Airport is approximately 25 km from Rohini and the New Delhi Railway Station is around 18 km away. The nearest inter-state bus terminus (ISBT) is approximately 15 km from Rohini.

Rohini, Delhi: Residential properties

Rohini, a primarily residential locality, is structured into five phases and further divided into numerous sectors, including upscale sectors, such as 7, 8 and 9. As one of Delhi’s most renowned localities, Rohini is primarily composed of DDA flats designed for the Middle Income Group (MIG) and Lower Income Group (LIG). The residential landscape features builder floors and apartments, with independent houses constituting a small portion of the housing market. Residential properties are concentrated in the 17 sectors of Phases I and II. Certain areas of Rohini boast high-rise apartments for individuals and working professionals, while other neighbourhoods feature independent houses for larger families. The capital values of residential properties in Rohini have witnessed significant appreciation over the past few years.

Rohini, Delhi: Commercial properties

While predominantly a residential area, Rohini has experienced notable developments in the commercial sector. The locality has witnessed an increase in the number of shopping malls, along with a few hotels being established. Some sectors have been specifically designated for commercial centres, with Sector 10 serving as a significant commercial area housing malls like D-Mall and City Center. In Sector 3, Mangalam Place stands as a popular shopping arcade. Mangolpuri Market is another noteworthy business centre, focusing on companies dealing with marble and granite. The Avantika market in Sector 1 is Rohini’s largest market for shoppers.

 

Factors affecting property prices in Rohini, Delhi

Numerous factors contribute to shaping property prices in Rohini, Delhi, necessitating careful consideration for informed property purchase or investment decisions.

  • Location: The proximity to essential amenities and connectivity to major areas wield significant influence on property prices.
  • Infrastructure Development: Areas endowed with well-developed infrastructure command higher property prices due to enhanced liveability.
  • Demand and Supply: The demand and supply dynamics serve as a crucial determinant of property prices. High demand, coupled with limited supply, results in price appreciation.
  • Future Development Plans: Anticipated infrastructure projects and forthcoming developments in the vicinity exert a noteworthy impact on property prices in the long term.
  • Economic Factors: Economic growth, employment opportunities and overall market conditions play a pivotal role in shaping property prices over time.

 

Why invest in Rohini, Delhi?

Rohini, a meticulously planned sub-city in northwest Delhi, has positioned itself as a flourishing real estate market, especially for residential properties. Originating in 1980 as part of the Delhi Development Authority’s (DDA) urban extension programme, Rohini has evolved into a sought-after neighbourhood, strategically divided into two zones—Zone M and Zone H. With well-established social amenities, straightforward living conditions, and abundant employment opportunities, Rohini offers an affluent lifestyle to its residents.

The competitive circle rates, currently at Rs 70,080 per square metre in Category E, make investing in Rohini an attractive prospect. The area’s real estate trends reflect significant appreciation in the capital values of residential properties, concentrated in Phases I and II. Noteworthy for its efficient connectivity, Rohini boasts metro stations, a robust bus network, and other transportation modes. While predominantly residential, the locality has witnessed commercial growth, with shopping malls, hotels, and designated commercial sectors contributing to its diverse landscape. Factors such as location, infrastructure, demand-supply dynamics, future development plans, and economic factors collectively influence property prices in Rohini, guiding potential investors towards informed decisions.

 

FAQs

What are circle rates?

Circle rates are the minimum rates set by the government for registering property transactions.

How to calculate the circle rate of an area?

Use this formula to calculate the circle rate. Circle rate = Part of the land ratio x land cost + flat area x building cost + common area x cost of construction

What influences the circle rate of an area?

Circle rates depend on various factors, including the location, infrastructure, amenities provided and economic factors.

What is the circle rate of flats in Delhi?

The circle rate of flats in Delhi ranges between Rs 23,280 to Rs 7.74 lakh.

How is the circle rate different from market value?

The circle rate is the minimum price of the property determined by the state government. The market rate is decided by the seller.

Is it compulsory to pay house tax in Delhi?

Yes, all property owners must pay property tax in Delhi.

Which area in Delhi is the most expensive?

In terms of property prices, some of the most expensive areas of Delhi include Lodhi Road Industrial Area, Nehru Place, Maharani Bagh, New Friends Colony, Vasant Vihar and Shanti Niketan.

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

 

Was this article useful?
  • ? (0)
  • ? (0)
  • ? (0)

Recent Podcasts

  • Keeping it Real: Housing.com podcast Episode 75Keeping it Real: Housing.com podcast Episode 75
  • Keeping it Real: Housing.com podcast Episode 74Keeping it Real: Housing.com podcast Episode 74
  • Keeping it Real: Housing.com podcast Episode 73Keeping it Real: Housing.com podcast Episode 73
  • Keeping it Real: Housing.com podcast Episode 72Keeping it Real: Housing.com podcast Episode 72
  • Keeping it Real: Housing.com podcast Episode 71Keeping it Real: Housing.com podcast Episode 71
  • Keeping it Real: Housing.com podcast Episode 70Keeping it Real: Housing.com podcast Episode 70