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The Haryana government has increased the circle rates in Gurgaon. The circle rates in the residential sectors have gone up by as much as 30 per cent, while those in the commercial hubs have been increased by 10 per cent.
The circle rates in sectors on the Southern Peripheral Road (SPR), Golf Course Road and Dwarka Expressway have been increased by 30 per cent after the review. The new circle rates will be effective from April 1, 2023.
The circle rate, also known as the collector’s rate, is the minimum price at which a property is registered with the state’s revenue department. Builders and promoters are not allowed to sell homes and apartments below the circle rate set by the government.
🏠❗️ Breaking news alert! Homebuyers at Tashee Capital Gateway in Gurugram are standing up for their rights. Over 50 residents gathered together at the project site to protest against delayed possession.
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