The Delhi government increased property circle rates . Property demand in the national capital might get affected for a short term period due to sharp hike in circle rates by up to 250 per cent. Buyers will have to shell out more on registration of properties now due to the hiked rates. This could curtail the flow of black money in the sector.
Here is the list of old and new circle rates.
A category Rs.86,000 Rs.215,000
B category Rs.68,200 Rs.136,400
C category Rs.54,600 Rs.109,200
D category Rs.43,600 Rs.87,200
E category Rs.36,800 Rs.47,840
F category Rs.32,200 Rs.38,640
G category Rs.27,400 Rs.31,510
H category Rs.13,800 Rs.15,870