Delhi Circle Rates

Delhi Cabinet, which met under the chairmanship of Chief Minister Arvind Kejriwal, decided to reduce circle rates of properties in residential, commercial and industrial categories in the city by 20 percent for six months.

An empowered committee has been constituted by the Delhi government to review "discrepancies" in the circle rates in certain areas of the national capital.

In a breather for the Arvind Kejriwal government, the Delhi High Court on Thursday refused to stay a notification that tripled circle rates of agricultural land in the national capital.

The Aam Aadmi Party government led by chief minister Arvind Kejriwal has decided not to follow Lieutenant Governor Najeeb Jung's directions on the issue of enhancing circle rates on agricultural land, making it the latest flashpoint between the government and the Centre over who controls the state administration.

Delhi Chief Minister Arvind Kejriwal and Lieutenant Governor (LG) Najeeb Jung seem to be heading for a fresh showdown over who controls the state administration. Mr Jung has sought files relating to a notification on enhancement of circle rates, saying that the Aam Aadmi Party (AAP) government did ask for his permission before issuing it.

Circle rates, introduced in 2007, are revised periodically. In Delhi, these rates were last revised in November 2012, when the rates were hiked by 200 per cent.

In a major initiative, the Delhi Government has proposed that rent and lease deeds will be based on the circle rates of properties, a move aimed at mopping up more revenue and curbing tax evasion.

Property prices in Delhi are likely to zoom further with Delhi Government today hiking the circle rates -- the minimum valuation of land and immovable property -- by up to 200 per cent to check black money in transactions.

Property prices in the capital are set to zoom further as the Delhi Government on Monday decided to hike the circle rates by up to 250 per cent to check black money in sale and purchase transactions. This is the second such hike in circle rates – the minimum valuation of land and immovable properties --in the city in the last nine mon...

New Delhi: Real estate prices in the Capital is likely to go up further with Delhi Cabinet giving its nod on Monday to enhance circle rates by up to 250 per cent for sale and purchase of property. With this move, the Delhi government expects to both, improve the health of the state exchequer and stem the "flow of black money" in such tr...

Real estate prices in the Capital are likely to go up further with Delhi Cabinet giving its nod on Monday to enhance circle rates by up to 250 per cent for sale and purchase of property. With this move, the Delhi government expects to both, improve the health of the state exchequer and stem the "flow of black money" in such transactions.

Delhi Cabinet, which met under the chairmanship of Chief Minister Arvind Kejriwal, decided to reduce circle rates of properties in residential, commercial and industrial categories in the city by 20 percent for six months.

An empowered committee has been constituted by the Delhi government to review "discrepancies" in the circle rates in certain areas of the national capital.

In a breather for the Arvind Kejriwal government, the Delhi High Court on Thursday refused to stay a notification that tripled circle rates of agricultural land in the national capital.

The Aam Aadmi Party government led by chief minister Arvind Kejriwal has decided not to follow Lieutenant Governor Najeeb Jung's directions on the issue of enhancing circle rates on agricultural land, making it the latest flashpoint between the government and the Centre over who controls the state administration.

Delhi Chief Minister Arvind Kejriwal and Lieutenant Governor (LG) Najeeb Jung seem to be heading for a fresh showdown over who controls the state administration. Mr Jung has sought files relating to a notification on enhancement of circle rates, saying that the Aam Aadmi Party (AAP) government did ask for his permission before issuing it.

Circle rates, introduced in 2007, are revised periodically. In Delhi, these rates were last revised in November 2012, when the rates were hiked by 200 per cent.

In a major initiative, the Delhi Government has proposed that rent and lease deeds will be based on the circle rates of properties, a move aimed at mopping up more revenue and curbing tax evasion.

Property prices in Delhi are likely to zoom further with Delhi Government today hiking the circle rates -- the minimum valuation of land and immovable property -- by up to 200 per cent to check black money in transactions.

Property prices in the capital are set to zoom further as the Delhi Government on Monday decided to hike the circle rates by up to 250 per cent to check black money in sale and purchase transactions. This is the second such hike in circle rates – the minimum valuation of land and immovable properties --in the city in the last nine mon...

New Delhi: Real estate prices in the Capital is likely to go up further with Delhi Cabinet giving its nod on Monday to enhance circle rates by up to 250 per cent for sale and purchase of property. With this move, the Delhi government expects to both, improve the health of the state exchequer and stem the "flow of black money" in such tr...

Real estate prices in the Capital are likely to go up further with Delhi Cabinet giving its nod on Monday to enhance circle rates by up to 250 per cent for sale and purchase of property. With this move, the Delhi government expects to both, improve the health of the state exchequer and stem the "flow of black money" in such transactions.