Which Cities Have the Highest Circle Rate in India, 2025?

Have you ever wondered, which cities have the highest circle rate in India? If you are planning to buy a residential property in Gurgaon or any other part of India for the first time, then you will surely come across the term “circle rate.” 

What is the circle rate? 

Well! Circle rate is the minimum price of the property or land defined by the government. Circle rate varies from area to area, depending on various factors such as location, property size, infrastructure development, and real-estate market condition. What many don’t know is that stamp duty and registration charges are calculated based on the circle rate of an area. So, if the circle rate goes up, the cost of stamp duty and registration also goes up, inflating the price of the property; however it also displays growing market demand and real-estate valuations. If you want to know about circle rates in detail, click HERE. 

Now, let’s move on and take a look at the top 5 cities which have the highest circle rate in India. 

Top 5 Cities with the Highest Circle Rates in India

1: Mumbai

Topping the chart is Mumbai, where circle rates in some parts of the city could go as high as Rs.8.6 lakh per sq.meter for residential apartments and industrial land, and up to Rs. 4.75 lakh per sq.meter for residential land. Mumbai has been divided into 19 specific zones which range from high-value areas to more affordable areas. Some of the high-value areas in Mumbai are South Mumbai, Nariman Point, Malabar and Cumballa Hills, Worli, and Colaba.

2: Delhi

Holding second place in our list of cities with highest circle rates in India is Delhi. Circle rates in Delhi vary based on the type of the property, size of the property, infrastructure, and the age of the property. For instance, currently the cost of residential plots is very high in Delhi, going up to Rs.7.74 lakh per sq.meter, while for agricultural land, the price per sq.meter could go as high as 5 crore. The increase in price has been driven due to limited land availability and the rising demand for commercial hubs and luxury housing. On the other hand, if the property is old, it would have a lower circle rate in comparison to a newly built property. 

3: Gurugram

Gurugram (Gurgaon) is one of the fastest-growing real estate markets of NCR. The city witnesses yearly multifold sales of real estate. The skyrocketing prices of residential properties in Gurgaon has led to decline in real estate demand. To boost growth in real estate, the Haryana Government has put a hold on increasing the circle rate. Some of the areas in Gurgaon that have high circle rate are DLF Phase 1,2,3,4, and 5, Cyber City, and Golf Course Road. The circle rates in these areas can go as high as Rs.1.5 lakh/sq.yard.

4: Noida

The circle rate in Noida is set by the Noida Authority Circle, where the rates are determined based on several factors such as width of the road and locality. Commercial zones or areas in Noida usually have higher circle rates than residential areas, signifying growing demand for commercial properties. Noida is witnessing a rise in circle rates, especially in sectors like Sector 44, Sector 18,Sector 14, and areas near Noida Expressway.

5: Bengaluru

Circle rates in Bengaluru are defined based on factors such as type of the property, demand of the property in the area, quality of infrastructure, location of property/land, and government policies. Some of the areas in Bengaluru with the highest circle are Kumbarakoppal Main Road, K.R. Circle to Ayurveda Hospital Circle, and Banumaiah Circle to KR Circle with circle rates can go up to Rs. 1,29,000 per sq. m.

Conclusion:

Understanding circle rates is crucial for property buyers and sellers because it can help ensure transparent transactions, prevents undervaluation or black money dealings, and impacts the amount of stamp duty and registration charges payable. It also plays a key role in property valuation for loans and taxation purposes. Being aware of the prevailing circle rates in a particular area empowers individuals to make informed decisions and avoid legal or financial complications during real estate transactions.

Inframantra believes in simplicity, integrity, and transparency, and this is one of the main reasons why we offer detailed consultation to home-buyers before scheduling any site visits, so that you, the home-buyer, can make an informed decision. Inframantra is one of the best real estate companies in Gurgaon, that offers end-to-end, hassle-free home-buying services, that too with any brokerage.

You may also like to read:-

Top Residential Properties Near Upcoming Metro Line in Gurgaon

Top 10 Tallest Buildings in Gurgaon

Top 5 Benefits of Real Estate Investing