New Circle Rates Announced: Property Prices to Rise in Gurgaon

The district administration has proposed a significant revision in circle rates across Gurugram, with increases ranging from 8% to 77% for residential properties and up to 145% for agricultural land in select areas. Officials confirmed that the revised rates are part of a broader exercise across Haryana to update collector rates for the financial year 2026-27.

The new rates are scheduled to come into effect from April 1, 2026, after a public consultation process. Authorities stated that the revision aims to bridge the gap between prevailing market prices and officially notified circle rates, ensuring greater transparency in property transactions.

According to a district government spokesperson, the proposed rates have been made available online for public review. Citizens were invited to submit objections and suggestions until 4:30 pm on March 30.

Circle rate refers to the minimum value at which a property- residential, commercial, industrial, or agricultural, can be registered. These rates vary by location and are determined by the district administration. Property transactions cannot legally be registered below these notified rates.

In prime locations such as Golf Course Road, circle rates have been increased by an average of 10% to 20%. For premium residential developments like the Magnolias, Aralias, and the Camelias, rates have been revised from Rs. 39,400 per sq.ft. to Rs. 43,340 per sq.ft. Similarly, for projects such as DLF The Crest and DLF The Icon, rates have increased from Rs. 18,900 per sq ft to Rs. 20,790 per sq ft. Residential flats and group housing societies in sectors 15, 27, 28, 30, and 31 are also expected to see an average rise of around 10%.

The most substantial hikes have been proposed along the Dwarka Expressway. In sectors 99 to 110, circle rates for commercial land have jumped by 75%, from Rs. 1,44,000 per square yard to Rs. 2,52,000 per square yard. Residential land rates in these sectors have increased by 45%. In Kadipur and Harsaru tehsils, residential plot rates along the expressway have risen from an average of Rs. 40,000 to Rs. 65,000 per square yard.

Additionally, sectors such as 104 and 115 have recorded increases between 62% and 67%, with rates climbing from approximately Rs. 40,000-44,000 per square yard to Rs. 66,125-70,000. Circle rates for flats in group housing societies in these areas have also surged from Rs. 4,000 per sq ft to Rs. 7,000 per sq ft.

In Badshahpur tehsil, private licensed colonies along Sohna Road, including projects by Tulip, Central Park Resorts, Tatvam Villas, and M3M, are expected to witness an average increase of 10%, with rates ranging between Rs. 7,700 and Rs. 11,500 per sq ft.

Rural areas have also seen steep revisions. In Bajghera village, agricultural land rates have risen by 75%, from Rs. 4.30 crore per acre to Rs. 7.53 crore. Similarly, residential land rates in Sarhaul village have increased by 75%, from Rs. 27,500 to Rs. 48,125 per sq metre.

Other districts in Haryana are also witnessing similar trends. In Karnal tehsil, agricultural land rates in Baldi village have increased by up to 75%, with values rising from Rs. 3 crore per acre to Rs. 5.25 crore. Villages such as Sangoha, Sheikhpura, Churni, and Kailash are likely to see comparable hikes.

In Faridabad tehsil, agricultural land rates in Tajupur village have increased from Rs. 1.3 cr. to Rs. 2.28 cr. per acre, showcasing a rise of 75%. The Kheri Kalan village may see an increase of 45% in the rates (Rs. 5.56 cr. per acre).

Commercial property rates in HUDA Sector 16, of up to 500 square yards are expected to rise by 75%, while the residential rates could increase by 25%. In addition to this, Panchkula is also expected to witness commercial property hikes of up to 75% across multiple sectors.

In an official statement, Gurugram revenue officer Mr. Vijay Yadav said that the revision follows directives from the Revenue and Disaster Management Department of the Haryana Government. He added that all proposals from various tehsils and sub-tehsils have been uploaded to the district’s official website to facilitate public feedback. Residents were encouraged to review the proposals and submit their objections or suggestions within the stipulated deadline.

For more Real Estate Updates, visit Inframantra