Minimum Rates (Circles Rates) for Valuation of land and properties for the purpose of payment of stamp duty under Indian stamp Act as applicable to Delhi & Registration fees under the Registration Act. 1908 in Delhi.
1. Minimum land rates for residential use.
Table – 1
|Category of Locality||Minimum Rates for valuation of land for Residential use (Rs. Per Sq. Mtr)|
2. Minimum land rates for commertial and industrial use.
The following multiplying factors shall be employed to the above minimum land rates of residential use, to arrive at the cost of land under other following use.
Table – 1.1
|Use||Public Utility for e.g. private school, colleges, hospitals||Industrial||Commercial|
*Definitions are as per unit area property tax system.