The Circle Rate in Chandigarh refers to the minimum property rate for which a property can be listed and sold. Also known as Guidance Value, these rates are decided by relevant government authorities based on multiple factors, such as the property location and the area’s lifestyle index.
Table of contents
- Overview of Circle Rate in Chandigarh
- Current Circle Rate in Chandigarh
- Key Factors Affecting the Circle Rate in Chandigarh
- How do you calculate stamp duty payment for properties via the circle rate in Chandigarh?
- Understanding the Difference Between Circle Rates and Market Rates in Chandigarh
- Calculating Circle Rate in Chandigarh
- Circle Rate Chandigarh: Contact Details
- FAQ’s about Circle Rate in Chandigarh
Overview of Circle Rate in Chandigarh
Circle Rates are mandatory property values set by the government for each locality and property type to ensure that transactions occur at fair value and that tax evasion is minimised. It serves as the basis for calculating stamp duty and registration charges for all transactions and is usually updated yearly based on the market trends or future real estate forecasts.
With the city’s well-structured layout and high real estate demand, Circle Rate in Chandigarh may vary from sector to sector. It is very important to learn about all the factors affecting a zone’s circle rate to avoid any legal hassles and make financial decisions in a much more informed manner. Chandigarh Circle Rate is beneficial for both buyers and sellers. The former can identify areas where property prices are more affordable, while the latter can decide to sell only if the deal appears financially rewarding.
Current Circle Rate in Chandigarh
Here is the official Chandigarh Circle Rate List as per 2024:
| Type of properties | Locality in Chandigarh | Circle Rate |
| Residential urban area | Sectors 1 to 12 | Rs 78,250 per sq yd |
| Sectors 14 to 37 | Rs 74,338 per sq yd | |
| Sector 38 and rest | Rs 70,424 per sq yd | |
| Housing Board apartments | Independent: Rs 70,424 per Sq ydGround floor: Rs 4,500 per sq ftFirst floor: Rs 4,050 per sq ft | |
| Industrial premises | Second floor: Rs 3,645 per sq ft | |
| Apartments in cooperative housing societies | Third floor: Rs 3,280 onward per sq ft | |
| Uppals marble Arch flats in Manimajra | Rs 6,000 per sq feet | |
| Shivalik Enclave | Rs 58,687 per sq yd | |
| Milk Colony, Dhanas | Rs 48,906 per sq yd | |
| Sites at IT Park | Vacant land: Rs 1,42,500 per sq ydGround floor: Rs 14,034 per sq ftFirst floor: Rs 12,474 per sq ftSecond floor: Rs 11,695 per sq ft | |
| Residential, rural area | Abadi Deh & extended Abadi | Rs 12,870 per sq yd |
| Commercial urban area | Indl area Ph-I & II | Rs 62,599 per sq yd |
|
Chakki sites in UTTimber MarketCoal depotsTransport areaIron Market |
Rs 92,664 per sq yd | |
| Motor Market Complex Commercial (Booths) in Mani | Rs 1,54,440 per sq yd | |
| Shivalik Enclave (SCO) | Rs 3,24,324 per sq yd | |
| Milk Colony, Dhanas | Rs 3,60,360 per sq yd | |
| Booth in Sec 8, 15, 19, 22, 34 35 & 17 (except 17-A & 17-B) | Rs 4,40,154 per sq yd | |
| Booth in Sec 7, 9, 10, 11, 26,16, 17-A & 17-B,18, 20, 21 & 32 | Rs 3,52,123 per sq yd | |
| Booth in other sectors | Rs 2,44,530 per sq yd | |
| SCO/SCF in Sector 17 | Rs 5,25,405 per sq yd | |
| SCO/SCF/bay shops on Madhya MargSub City Centre: Sec 34, Sec 22, and dividing road of Sec 35-34 | Rs 3,75,289 per sq yd | |
| SCO/SCF/bay Shops in other sectors | Rs 3,08,880 per sq yd | |
| Shops, offices, units and other commercial spaces in Elante Mall, Ind area, Phase-I | Ground floor: Rs 15,593 per sq ftFirst floor Rs 13,860 per sq ftSecond floor: Rs 12,994 per sq ft | |
| Industrial plots and shops converted to commercial properties with permission of the estate office | Second floor: Rs 11,695 per sq ftFirst floor: Rs 12,474 per sq ft | |
| Other Malls / Multiplex excluding Elante Mall | Ground Floor: Rs 14,034 per sq ft | |
| SCO/SCF/bay shops in Motor market – Manimajra | Rs 2,77,992 per sq yd | |
| Vacant converted plots from Industrial to Commercial in Industrial areas I & II | Rs 1,42,500 per sq ydRs 26,770 per sq yd | |
| Commercial areas in the listed rural locations |
Key Factors Affecting the Circle Rate in Chandigarh
Chandigarh Circle Rate varies greatly from sector to sector because of its various urban and rural zones. The demand for industrial and commercial spaces is significantly higher than that for residential plots, leading the government to set higher circle rates for these areas. Here are some factors that will affect the Guidance Rates are:
Location
Circle rate in Chandigarh are heavily influenced by the location and demand of each sector. The city is divided into well-planned sectors, each offering a different level of connectivity, infrastructure, and amenities. Sectors close to business districts, educational institutions, and major transportation hubs tend to have higher circle rates due to the increased demand for property in these areas. On the other hand, sectors that are farther from the city centre, have limited commercial activity, or lack premium facilities often have lower circle rates.
Property Type and Usage
The type of property you want to purchase or sell plays a crucial role in determining circle rates in Chandigarh. Commercial properties, particularly those located in prime business districts like Sector 17, command significantly higher circle rates than residential properties in suburban sectors. Residential plots, apartments, and houses will have a much lower circle rate than homes located in gated communities.
Market Trends
When the property market is booming, demand increases, increasing property values. In such cases, the government often revises the circle rate in Chandigarh upwards to match rising market prices and prevent transaction undervaluation. Similarly, circle rates might be set even lower than expected during real estate slowdowns. Other external factors like interest rates, economic policies, and investment trends also play a role in influencing demand. For example, if loan interest rates drop, more buyers enter the market, and sellers get the best possible returns.
Taxations
Any changes in government policies, tax regulations, or real estate laws can significantly impact circle rates. Factors like urban development plans, economic growth, and inflation are also considered while revising circle rates every year. These help maintain transparency in transactions and ensure that there are no revenue losses.
Infrastructure and Development Projects
Circle rate in Chandigarh are also influenced by ongoing and upcoming infrastructure projects. Road expansions, metro connectivity, new commercial hubs, and improved civic amenities can all lead to a rise in property values, prompting the government to adjust circle rates accordingly. Areas with major highways or roads in proximity will have a higher circle rate as compared to a normal residential lane.
How do you calculate stamp duty payment for properties via the circle rate in Chandigarh?
Stamp duty refers to a mandatory fees that every homeowner must pay while purchasing a property. If you fail to pay stamp duty, you cannot claim legal ownership of the land/ home/ office or any other property type. According to Section 25 of the Registration Act of 1969, this needs to be paid off within 4 months of property registration. Stamp Duty, as well as registration charge, is calculated as a percentage of the Chandigarh circle rate. This percentage is:
| Buyer Category | Stamp Duty Percentage | Registration Charges |
| Male | 5% | 1% (up to a maximum of ₹10,000) |
| Female | 3% | 1% (up to a maximum of ₹10,000) |
| Joint (Male + Female) | 4% | 1% (up to a maximum of ₹10,000) |
Stamp Duty Charges on other type of property-related documents are:
| Document Type | Stamp Duty |
| Sale Deed / Gift Deed | 6% of the property value |
| Transfer of Lease Right Deed | 3% of the property value |
| Exchange Deed | 3% on the higher value of the properties being exchanged |
| Lease Deed (up to 5 years) | 2% on annual average rent and 3% on security/advance rent |
| Lease Deed (5 to 10 years) | 3% on annual average rent and 3% on security/advance rent |
| Lease Deed (10 to 20 years) | 3% on twice the annual average rent and 3% on security/advance rent |
| Lease Deed (20 to 30 years) | 3% on thrice the annual average rent and 3% on security/advance rent |
| Lease Deed (30 to 100 years) | 3% on four times the annual average rent and 3% on security/advance rent |
| Mortgage Deed (Without Possession) | 1.5% of the loan amount |
| Mortgage Deed (With Possession) | 3% of the loan amount |
| Trust Deed | ₹50 |
| Family Settlement | ₹50 |
| Amendment Deed | ₹5 |
| Relinquishment Deed | ₹50 |
| Redemption Deed | ₹30 |
| Award / Decree | 1.5% of the awarded amount |
| Partnership Deed | ₹23 |
| General Power of Attorney (GPA) | ₹75 |
| Cancellation of GPA | ₹15 |
| Special Power of Attorney (SPA) | ₹15 |
| Cancellation of SPA | ₹5 |
| Adoption Deed | ₹200 |
| Sub General Power of Attorney (Sub GPA) | ₹15 |
| Cancellation of Sub GPA | ₹15 |
| Will | None |
| Cancellation of Will | None |
If you face any difficulties while calculating the stamp duty charges, you can go to the official Chandigarh Revenue Department website and get further details about giving some information about your property.
After filling these details, you will get the exact land value, market value of the property, the difference between the circle rate in Chandigarh and market value, along with the stamp duty and registration fees charges.
Understanding the Difference Between Circle Rates and Market Rates in Chandigarh
The gap between a locality’s circle rate and the actual market value can be huge. Some of the important metrics in which these two differ are:
| Parameter | Circle Rate | Market Rate |
| Definition | The minimum property valuation set by the government for taxation purposes. | The actual price at which a property is bought or sold in the open market. |
| Regulatory Authority | Determined and revised by the Chandigarh Administration. | Influenced by demand, supply, location, and real estate trends. |
| Purpose | Used to calculate stamp duty and registration charges. | Represents the true market value based on real-time transactions. |
| Impact on Transactions | Ensures minimum taxation value, preventing undervaluation of properties. | Determines the actual selling price, which may be higher or lower than the circle rate. |
| Revisions | Revised periodically by the government based on property trends. | Fluctuates frequently due to economic conditions, demand, and investor activity. |
Calculating Circle Rate in Chandigarh
Circle Rate for all localities are fixed by the government and announced by the sub-registerar’s office. To check the circle rate of your property, you just have to visit the official Chandigarh administration website. Here you will find a detailed document for the same, mentioning the circle rate for different types of properties in various sectors.
Circle Rate Chandigarh: Contact Details
For any inquiries regarding Circle Rate in Chandigarh, you can reach out to the authorities using the below mentioned contact details:
- Address : PQRP+35M, Bridge Market, 17C, Sector 17, Chandigarh, 160017
- Phone Number: +91 172 2700194
- Email: hac-chd@nic.in
Winding Up
Understanding Circle Rates in Chandigarh is essential for anyone buying, selling, or investing in property. These government-set rates act as the base for property valuation and help in making future real estate forecasts. Circle Rates offer a structured way to assess property prices and help in calculating stamp duty, registration fees and overall transaction costs. So, one must seek advice from an expert and check circle rates from the official Chandigarh administration website before purchasing or selling any property.
Circle Rate in Others Cities:
| Circle Rate in Gurgaon | Circle Rate in Lucknow |
| Circle Rate in Faridabad | Circle Rate in Delhi |
| Circle Rate in Mumbai | Circle Rate in Ghaziabad |
FAQ’s about Circle Rate in Chandigarh
Q1. How do I find the circle rate in Chandigarh?
You can check the latest Circle Rates on the Chandigarh Administration’s official website or visit the local Sub-Registrar Office.
Q2. What is the registration rate in Chandigarh?
The registration charge in Chandigarh is 1% of the property value, but it is capped at ₹10,000 for most transactions.
Q3. What is the land rate in Chandigarh?
Land rates in Chandigarh depend on government-set Circle Rates and actual market prices, which vary by sector, location, and property type.
