Delhi circle rates hike: New price may jump 30% to up to Rs 8.3 lakh per sq m; check category-wise proposed increase

Delhi may soon see a major reset in property circle rates, with the Rekha Gupta government proposing hikes of up to 30% across several categories. According to details emerging from an internal government report, the revised rates could go as high as ₹8.3 lakh per square metre in premium localities, with steeper increases planned for mid- and lower-income segments where market prices have moved well above official benchmarks.

Why Delhi is revising circle rates now

The government’s move aims to bridge the long-standing gap between notified circle rates and actual market prices. The last comprehensive revision was done in 2014. Since then, many colonies have seen prices surge, while official rates remained static.

Officials say the revision will help improve stamp duty collections, reduce cash components in deals and bring transparency to property transactions, while keeping market stability intact.

Delhi Circle rate increase: Category-wise proposed circle rate revision

Category A (Premium colonies)
Premium areas such as Golf Links, Jor Bagh, Sundar Nagar, Vasant Vihar, Prithviraj Road, and parts of New Friends Colony fall in this segment.

Proposed circle rate: From ₹7.7 lakh to up to ₹8.3 lakh per sq m
Increase: Around ₹51,000 (6–7%)
Market trend: Transactions are 20–30% above current circle rates
Key demand: Ultra-premium pockets may be moved to a new A+ category

At the same time, some residents in New Friends Colony and nearby areas have sought a downgrade citing weak liquidity and congestion issues.

Category B colonies
Areas include Greater Kailash, Hauz Khas, Green Park, Punjabi Bagh and Safdarjung Enclave.

Proposed circle rate: From ₹2,45,520 to ₹3,25,000 per sq m
Increase: About 32%
Market trend: Prices 30–50% higher due to redevelopment and metro connectivity
Several of these colonies are also pushing for an upgrade to Category A.

Category C colonies
Localities include Janakpuri, Civil Lines, Vasant Kunj, Netaji Subhash Place, CR Park and Malviya Nagar.

Proposed circle rate: Around ₹2.2 lakh per sq m
Market trend: Transactions 40–60% above existing rates

Category D colonies
Includes Pitampura, Dwarka, Model Town, Preet Vihar, Mukherjee Nagar, Rohini and Jungpura Extension.

Proposed circle rate: ₹1.3 lakh to ₹1.6 lakh per sq m
Increase: Up to ₹32,320 (25%)
Market trend: Prices 50–70% higher than circle rate

Category E colonies
Includes Rohini, Chandni Chowk, Pratap Nagar, Gulabi Bagh and Rani Bagh.

Proposed circle rate: ₹70,080 to ₹90,000 per sq m
Increase: Up to ₹19,920 (28%)
Market trend: 50–70% higher than circle rate

Category F colonies

Areas include Keshav Puram, Krishna Nagar, Laxmi Nagar, Bhajanpura, Khajuri Khas, Geeta Colony and Azadpur.

Proposed circle rate: ₹56,640 to ₹65,000 per sq m
Increase: Up to ₹8,360 (15%)
Market trend: 20–40% higher than current rates

Category G colonies
Includes Bhalswa Dairy, Narela, Ghazipur Village, Mangolpuri, Sant Nagar, Khajuri Khas and Tilangpur.

Proposed circle rate: ₹46,200 to ₹50,000 per sq m
Increase: Up to ₹3,800 (8%)
Market trend: 10–15% higher than circle rates

Category H colonies
Includes Burari, Rithala, JJ clusters, unauthorised colonies and village abadis.

Proposed circle rate: ₹23,280 to ₹30,000 per sq m
Increase: Up to ₹6,720 (29%)
Market trend: Transactions up to 35% higher, supported by PM-UDAY and civic upgrades

Officials said the current proposal is not final. The government is reviewing public feedback and suggestions received from residents and stakeholders across categories.

The revised circle rate framework is expected to be placed before the Delhi cabinet after this review. If approved, it will mark the first major correction in property valuation in over a decade, with wide-ranging impact on home buyers, sellers and the real estate market in the capital.