{"id":1298351,"date":"2025-08-01T10:02:37","date_gmt":"2025-08-01T04:32:37","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1298351"},"modified":"2025-08-01T10:03:11","modified_gmt":"2025-08-01T04:33:11","slug":"cricle-rates-in-gurgaon-can-be-increased-by-upto-30-homes-offices-to-be-expensive","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/cricle-rates-in-gurgaon-can-be-increased-by-upto-30-homes-offices-to-be-expensive\/","title":{"rendered":"Cricle Rates In Gurgaon Can Be Increased By Upto 30%: Homes, Offices To Be Expensive?"},"content":{"rendered":"\n<p>The <strong>Gurugram district administration<\/strong> has proposed a <strong>significant hike of 10% to 30% in circle rates<\/strong> across multiple zones of the city, triggering widespread concerns among developers and homebuyers alike. Circle rates, which are the minimum property valuation set by the government for taxation, directly impact the overall property registration cost.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"638\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/08\/Screenshot-2024-10-03-at-9.21.59\u202fAM-1024x638-1.png\" alt=\"Cricle Rates In Gurgaon Can Be Increased By Upto 30%: Homes, Offices To Be Expensive?\" class=\"wp-image-1298360\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/08\/Screenshot-2024-10-03-at-9.21.59\u202fAM-1024x638-1.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/08\/Screenshot-2024-10-03-at-9.21.59\u202fAM-1024x638-1-300x187.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/08\/Screenshot-2024-10-03-at-9.21.59\u202fAM-1024x638-1-768x479.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Proposed Revisions Across Colonies<\/h3>\n\n\n\n<p>The hike affects various property types \u2014 from <strong>upscale apartments on Golf Course Road<\/strong> to <strong><a href=\"https:\/\/www.hindustantimes.com\/cities\/others\/ggm-circle-rates-proposed-to-be-hiked-builders-worried-101753900456817.html\">affordable<\/a> flats in sectors 104\u2013115<\/strong>, as well as <strong>plots in major colonies like Nirvana Country, Rosewood City<\/strong>, and <strong>Malibu Towne<\/strong>.<\/p>\n\n\n\n<p>Examples of revised circle rates include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>DLF Magnolias<\/strong>: \u20b937,750 psf to \u20b939,325 psf<\/li>\n\n\n\n<li><strong>Carlton<\/strong>: \u20b915,015 psf to \u20b916,517 psf<\/li>\n\n\n\n<li><strong>Nirvana Country (plots)<\/strong>: \u20b91,15,000 psy to \u20b91,32,250 psy<\/li>\n\n\n\n<li><strong>Affordable Flats<\/strong>: \u20b95,000 psf to \u20b95,500 psf<\/li>\n<\/ul>\n\n\n\n<p>Overall, residential areas in <strong>Old Gurugram<\/strong>, <strong>Wazirabad<\/strong>, <strong>Gurgaon Village<\/strong>, and <strong>Sohna Road<\/strong> are seeing proposed hikes between 15% and 77%.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Government Seeks Public Input<\/h3>\n\n\n\n<p>Deputy Commissioner <strong>Ajay Kumar<\/strong> stated that the <strong>public can submit objections or suggestions<\/strong> regarding the revised rates by <strong>July 31, 2025<\/strong>, via the portal <strong>gurugram.gov.in<\/strong>. The administration aims to finalize the 2025\u201326 collector rates through a <strong>transparent and participatory process<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Developers and Experts Raise Red Flags<\/h3>\n\n\n\n<p>Developers have urged caution, stating that the realty market is already reeling under <strong>three consecutive quarters of weak sales<\/strong>.<\/p>\n\n\n\n<p><strong>Vinod Behl<\/strong>, a Gurugram-based real estate analyst, warned that the <strong>hike may derail the affordability-driven demand<\/strong> recovery, especially in the mid-income segment.<br><strong>Parveen Jain<\/strong>, President of <strong>NAREDCO (Haryana)<\/strong>, criticized the move, saying it would <strong>dampen sentiment and reduce transactions<\/strong>, ultimately <strong>hurting government revenue<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Market Sentiment at Risk<\/h3>\n\n\n\n<p>The proposed rate hike is seen as <strong>ill-timed<\/strong>, potentially <strong>raising the cost of property acquisition<\/strong> and <strong>discouraging both buyers and investors<\/strong>. While the goal may be to align government valuations with market trends, experts suggest the move could further <strong>delay market revival<\/strong>, especially in price-sensitive categories.<\/p>\n\n\n\n<p>If implemented without adjustments, the circle rate hike could be a <strong>major setback for Gurugram&#8217;s real estate sector<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Gurugram district administration has proposed a significant hike of 10% to 30% in circle rates across multiple zones of the city, triggering widespread concerns among developers and homebuyers alike. Circle rates, which are the minimum property valuation set by the government for taxation, directly impact the overall property registration cost. Proposed Revisions Across Colonies [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1298360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[8383,1581,691],"class_list":["post-1298351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-circle-rates","tag-gurgaon","tag-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cricle Rates In Gurgaon Can Be Increased By Upto 30%: Homes, Offices To Be Expensive? - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/cricle-rates-in-gurgaon-can-be-increased-by-upto-30-homes-offices-to-be-expensive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cricle Rates In Gurgaon Can Be Increased By Upto 30%: Homes, Offices To Be Expensive? - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"The Gurugram district administration has proposed a significant hike of 10% to 30% in circle rates across multiple zones of the city, triggering widespread concerns among developers and homebuyers alike. Circle rates, which are the minimum property valuation set by the government for taxation, directly impact the overall property registration cost. Proposed Revisions Across Colonies [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/cricle-rates-in-gurgaon-can-be-increased-by-upto-30-homes-offices-to-be-expensive\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-01T04:32:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-01T04:33:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/08\/Screenshot-2024-10-03-at-9.21.59\u202fAM-1024x638-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"638\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mohul Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohul Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/cricle-rates-in-gurgaon-can-be-increased-by-upto-30-homes-offices-to-be-expensive\/\",\"url\":\"https:\/\/trak.in\/stories\/cricle-rates-in-gurgaon-can-be-increased-by-upto-30-homes-offices-to-be-expensive\/\",\"name\":\"Cricle Rates In Gurgaon Can Be Increased By Upto 30%: Homes, Offices To Be Expensive? 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