Home buyers in Lucknow have to pay stamp duty and registration charges, to get the property legally registered in their name. The stamp duty calculation is done based on the Lucknow circle rate, which is fixed by the Uttar Pradesh government. These rates for properties in Lucknow vary from area to area. In this article, we look at the current rates in some of the important residential localities of Lucknow.
See also: Circle rate in Delhi
What is circle rate?
Circle rate is the state-fixed minimum rate below which a property cannot be sold. For stamp duty calculation purpose, revenue officials factor in the circle rate of property even if the seller agrees to sell the asset below the circle rate. Check out our guide on How to calculate stamp duty?
See also: Know process to pay Lucknow house tax
Circle rates in Lucknow in 2021
Even though the state government has paid no heed to the suggestions by various industry bodies, to lower stamp duty and registration charges in Uttar Pradesh, in the wake of the Coronavirus pandemic, it has kept circle rates unchanged in 2020. Recall here that the Haryana government recently announced a hike in circle rates.
| Area between roads | Circle rate in Rs per sq metre |
| From Hazratganj Chauraha to Kalidas Marg Chauraha, Mahatma Gandhi Marg | Rs 76,000 |
| From Charbagh Station to Awadh Hospital; From Singar Nagar Chauraha to Hydel Chauraha; From Kaiserbagh Chauraha to Charbagh | Rs 55,000 |
| Sitapur Road | Rs 39,000 |
| From Telibagh Nagar to PGI Nagar Nigam limit; From Subhash Marg Medical College to Charbagh Tiraha; From Guru Govind Singh Marg Hussainganj Chauraha to Naka Chauraha | Rs 31,000 |
| Faizabad Road (From Chinhat village limit to Lucknow city limit) | Rs 30,000 |
| Sultanpur Road, Shaheed Path | Rs 25,000 |
| Hardoi Road | Rs 20,000 |
| From Chinhat village to Satrikh | Rs 14,000 |
See also: All about bhu naksha in Uttar Pradesh
Circle rates in Lucknow’s premium areas
| Area | Circle rate in Rs per sq metre |
| Vibhuti Khand | Rs 40,000 |
| Eldeco Green, Vipul Khand | Rs 39,500 |
| Faizabad Road | Rs 36,000 |
| Vijay Khand, Vijay Khand, Vipin Khand, Vishal Khand | Rs 33,500 |
| Gomti Nagar Phase 3, Gomti Nagar Extension, Gomti Greens, Vastu Khand, Vaibhav Enclave, Vikas Khand, Vikalp Khand, Vinagra Khand, Vinay Khand, Vinit Khand, Vikrant Khand, Vishwas Khand, Vibhav, Vivek Khand, Vijyant Khand, Vishesh Khand, Virat Khand, Viraj, Viram Khand | Rs 30,500 |
| Rana Pratap Marg | Rs 29,000 |
| Gautam Palli, Gulistan Colony, Transport Nagar | Rs 28,000 |
| Park Road, Park Lane, Mahatma Gandhi Marg, Motilal Nehru Road, Miling Toniya Road, Vidhan Sabha Marg, Vivekanand Marg, Vikramaditya Marg | Rs 27,500 |
| AP Sen Road | Rs 26,000 |
| Gautam Budh Marg, Charbagh | Rs 25,000 |
| Saket Palli, Pirpur Square, Bandriya Bagh, Banarasi Bagh | Rs 22,500 |
| Ashiyana, Jiyamau, Srijan Vihar Colony | Rs 22,000 |
| Darbari Lal Sharma | Rs 21,500 |
| Gurunanak Market, Vrindaban Yojan | Rs 21, 000 |
| Havelock Road, La Martiniere Colony, Trilokinath, Manas Nagar | Rs 20,000 |
| Marutipuram | Rs 19,500 |
| Raibareli Road Yojna, Aishbagh, Eldeco, Kanpur Road Pariyojana, Awadh Vihar Pariyojna, Sharda Nagar, Sharda Nagar Yojana | Rs 19,000 |
| Butler Palace Colony, Butler Ganj, BBD Green City Shahpur | Rs 18,000 |
| Sushant City, from Sector A to E | Rs 18,500 |
| Cantt Road, Kasaibada, Pandariba | Rs 18,000 |
| Aabadi Kabristan Mall Avenue, Vindsor Palace | Rs 16,500 |
| Omaxe City, Alambagh | Rs 16,000 |
| Sarojini Naidu Marg, Chitwapur Road, Canal Colony, Uday Ganj, Uday Ganj Road, Mangal Kheda | Rs 15,500 |
| Sushant City, From Sector F to I | Rs 15,000 |
See also: Posh areas in Lucknow
Circle rate for flats/apartments in multi-storey buildings in Lucknow
Rates vary between Rs 18,000 per sq metre to Rs 26,000 per sq metre.
Check out price trends in Lucknow
Calculation of stamp duty on flats in Lucknow based on circle rates
You can calculate the minimum assessed value as per the current circle rate, using the following formulae:
For apartments in a housing society
Carpet area in sq ft multiplied by (x) applicable circle rates
For builder floors
Built-up area in sq yard x applicable circle rates
For plots
Plot area in sq yard x applicable circle rate
For independent homes built on plots
Plot area in sq yard x applicable circle rate for land added to (+) built-up area in sq ft x minimum cost of construction
See also: Everything you need to know about Lucknow property tax
Stamp duty and property registration charge in Lucknow
| For men | 7% |
| For women | 6% |
| Joint | 6.5% |
See also: Ready Reckoner rate meaning
Both men and women buyers have to pay 1% of the transaction value as the registration charge on property purchases.
See also: Stamp duty in 20 Tier-II cities
How to calculate stamp duty on property purchase in Lucknow?
To calculate the stamp duty on your property, first arrive at its actual cost by way of multiplying the per sq metre circle rate with the built-up area of the house. So, if the property is spread across 1,000 sq metres and the circle rate in the area where the property is located is Rs 5,000 per sq metre, the worth of the property will be:
1,000 x Rs 5,000 = Rs 50 lakhs
If this property is to be registered in the name of a man, the buyer will be spending 7% of the Rs 50 lakhs, i.e., Rs 3.50 lakhs, as stamp duty and an additional Rs 50,000 as the registration charge. Similarly, if the property were to be registered in the name of a woman, the stamp duty at 6% will amount to Rs 3 lakhs, while the registration charge will be Rs 50,000.
See also: All about the UP IGRS portal
FAQs
What is the stamp duty on property registration in Lucknow?
While the stamp duty is 7% for men, it is 6% of the property value for women buyers.
What is the registration charge on property purchase in Lucknow?
Buyers have to pay 1% of the transaction value as the registration charge.
What is the circle rate in Gomti Nagar?
Depending on the specific khand, you will have to pay between Rs 30,000 and Rs 40,000 per sq metre as the circle rate in Gomti Nagar. These charges are applicable on land purchase.
