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Home > Forum > Delhi > Buying property > Circle rates on property.

Circle rates on property.

Q: I heard that the circle rates on property price are increasing in Delhi-NCR. What is a circle rate?

circle rates
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According to experts, the circle rates are decided by the State Revenue Ministry. It is the minimum rate for valuation of a plot, flats or independent house in a particular area or locality. The circle rates differ for various categories of colonies. The sale or purchase of property in a particular area is finalized considering the available infrastructure.
Neha Srivastava


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