Gurgaon Circle Rates 2013-2014
Gurgaon consists of five revenue zones namely: Gurgaon, Manesar, Sohna, Farukhnagar and Pataudi.
In the recent news the district administration of Gurgaon increased circle rates for residential and commercial properties in Gurgaon.
The increase in the circle rates of land and plots across residential, commercial and industrial areas in Gurgaon will directly affect the market value of the properties in Gurgaon.
What is circle rate?
Circle rate is the minimum rate defined by all state governments at which a property can be bought or sold. Circle rates put a check on speculation of property prices. Within a state, there are different circle rates for different cities and within a city, circle rates vary according to the locality.
Circle rates have not only been increased for residential and commercial properties in Gurgaon but also for institutional and industrial areas.
With the rise of circle rates, Government gets more transparency in checking the flow of unaccounted money. Furthermore, it also leads to increase in property prices for both residential as well as commercial properties.
A revision also affects the calculation of a developer or the builder in Gurgaon. For them, the land cost increases as per the circle rate. This, in turn, increases the purchase cost for developers, who would increase the price of Apartments / Plots / Villas to recover costs.
Higher circle rates lead to high cost of registration of properties in Gurgaon as Buyers need to spend more on stamp duty. In other words, whenever you need to invest in properties in Gurgaon it is necessary to understand the circle rates of that particular area and its implication on the property prices.
Find below the Circle Rates In Gurgaon 2013-2014 as per Govt. notification:
Circle rates Of Housing Board Colonies In Gurgaon 2013 -2014
|
S.No. |
Housing Board Colonies |
Rates for the Year of 2013-2014 |
|
|
Residential (Rs. Per Sq. Feet.) |
Commercial (Rs. Per Sq. Feet.) |
||
|
1 |
Duplex Houses H.B |
3500 |
8000 |
|
2 |
Jharsa Road HIG H B |
3500 |
8000 |
|
3 |
Jharsa Village H B |
3500 |
8000 |
|
4 |
Sec-7 Extn H B |
3500 |
8000 |
|
5 |
Sec-17 H B Sukhrali |
3500 |
8000 |
|
6 |
Saraswati Vihar H B |
3500 |
8000 |
|
7 |
Sec-10 HBC |
3500 |
8000 |
|
8 |
Sec-42,52,53 HBC |
3500 |
8000 |
Circle Rates Of Plots In Huda Sectors Gurgaon 2013 – 2014
|
S.No. |
Plots In Huda Sectors |
Rates for the Year of 2013-2014 |
|
|
Residential (Rs. Per Sq. yards.) |
Commercial (Rs. Per Sq. Yards.) |
||
|
1 |
Sec-14,15,17,27,28,30,31,42,43 |
46000 |
150000 |
|
2 |
Sec-38,40,41,53,54 |
40000 |
150000 |
|
3 |
Sec- 1,22,22A,23,23A,39,45,46, 47,48, 49,50,51,52,55, 56,57 |
35000 |
150000 |
|
4 |
Sec- 1,2,3,3A,4,5,7,9,9A, 10,10A, 12,12A |
30000 |
125000 |
|
5 |
Sec-29 |
NA |
200000 |
|
6 |
Sec-18,19,20 |
NA |
100000 |
|
7 |
Sec-35,36 |
NA |
80000 |
Circle Rates Of PlotsIn Licensed Colonies Gurgaon 2013 – 2014
|
|
|
Rates for the Year of 2013-2014 |
|
|
S.No |
Plots in Licensed Colonies |
Residential (Rs. Per Sq. yards.) |
Commercial (Rs. Per Sq. Yards.) |
|
1 |
DLF Phase- I , Sushant Lok –I |
70000 |
150000 |
|
2
|
DLF Phase -II, IV & V, Greenwood City, Nirvana-I, South city-I |
65000 |
150000 |
|
3 |
DLF Phase- III |
60000 |
150000 |
|
4
|
South City- II, Suncity(Sec-54), Rosewood City, Garden Estate |
55000 |
150000 |
|
5
|
Malibu Town, Uppal Southend, Mayfield Garden & Ardee City, Sushant Lok- II, III, Jalvayu Vihar, Palam Vihar, Vipul World (Sohna Road), Vatika City (Sohna Road), Uniworld Resorts ( Sec-33 & 48) |
45000 |
125000 |
|
6 |
Esencia ( Ansal ) Sec-67 |
30000 |
NA |
Circle Rates Of cost Of Construction In Gurgaon 2013 - 2014
|
|
Cost of Construction |
Rates for the Year of 2013-2014 |
|
(Rs. Per Sq. Feet.) |
||
|
1 |
Constructed Area in Licensed Colonies |
1200 |
|
2 |
Constructed Area in Huda Sectors
|
900 |
|
3 |
Constructed Area in Rest of Gurgaon |
650 |
Circle Rates Of Group Housing Cooperative Societies Gurgaon 2013 - 2014
|
|
Group Housing Cooperative Societies |
Rates for the Year of 2013-2014 |
|
Rate Per Sq .Feet |
||
|
1 |
Group Housing Co-operative Societies Sec-1 to 57 |
3300 |
Circle Rates Of Multi Story Group Housing (Licensed) by Developers / Independent Floors Gurgaon 2013 – 2014
|
|
Multi Story Group Housing (Licensed) by developers / Independent Floors |
Rates fort he Year of 2013-2014 |
|
Rate Per Sq. Feet |
||
|
1 |
Group Housing in Sec-1 to 57 other than at Sr.No.1. |
4500 |
|
2 |
Independent Floors in plots of HUDA Sectors-(1to57) & plots of licensed / Approved Colonies |
3400 |
|
3 |
Flats in Group Housing Societies and Independent Floors in plots of Licensed Colonies in Sec-58 to 67 (NewSectors) |
3000 |
|
4 |
Flats in Group Housing Societies and Independent Floors in plotsof Licensed Colonies in Sec-68 to 113 (New Sectors) and Sec- 37C & 37D (New Sectors) |
2400 |
Circle Rates Of Commercial /Office / ITSpace/ Multistory Building by (Developer/ Licensed) In Gurgaon 2013 - 2014-02-26
|
S.No |
Commercial /Office / ITSpace/ Multistory Building by (Developer /Licensed) |
Rates for the Year of 2013-2014 |
|
|
Commercial / Retail (Rs. Per Sq. Feet.) |
Office / I TSpace (Rs. Per Sq. Feet.) |
||
|
1 |
Private Developers / Builders in Sec-1 to 57 including MC Area in these Sectors. |
8000 |
6000 |
|
2 |
Sec- 58 to115 (New Sectors), Sec- 37C & 37D (New Sectors) including MC Aea in these Sectors. |
4000 |
2500 |
Circle Rates Of Industrial and Institutional Gurgaon 2013 – 2014
|
S.No |
Industrial |
Rates for the Year of 2013-2014 |
|
|
Industrial (Rs. Per Sq. Yards.) |
Constructed Building |
||
|
1 |
Maruti Industrial Area, Udyog Vihar Ph- 1 to 5 and Sec-18 |
33000 |
Land Cost+700/-Per Sq. Feet |
|
2 |
Pace City, Infocity, Sec-34, 37 |
30000 |
Land Cost+700/-Per Sq. Feet
|
|
3 |
IDC , Sec-14 |
22000 |
Land Cost+700/-Per Sq. Feet |
|
4 |
Industrial Area from Rly. Fatak to Daultabad within M C Area |
18000 |
Land Cost+650/-Per Sq. Feet |
|
5 |
Any Converted Land into Industrial |
10000 |
Land Cost+650/-Per Sq. Feet |
|
S.No |
Institutional |
Rates for the Year of 2013-2014 |
|
|
Institutional (Rs. Per Sq. Yards.) |
Constructed Building |
||
|
1 |
Sec-18, 32, 44 |
70000 |
Land Cost+700/-Per Sq. Feet |
|
2 |
Institutional plots /School Plots etc. in Huda Sectors and Licensed Colonies . |
27000 |
Land Cost+700/-Per Sq. Feet |
|
3 |
Institutional Land/ Plots in other Areas .(Except Sr.No. 1& 2) |
22000 |
Land Cost+650/-Per Sq. Feet |
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