Circle rates introduced in Himachal Pradesh.

Q: The circle rates is introduced to assess the stamp duty for registration of land. From where the people will come to know about the revised rates for registration of land?

Sanjay Gupta, Delhi-NCR

6th December 2011

Neighborhood Issues in Delhi

registration

stamp

duty

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Circle rates is the minimum value of any piece of land or immovable property for registration. The introduction of new circle rates in Himachal Pradesh is only for benefit of property buyers or sellers. At present, the rates for registration of land deals are worked out every month and people have to go to the Patwari (revenue official) for getting the rates, which caused lot of inconvenience and the new system would provide relief to people and this will be revised once a year.