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Circle Rates in Faridabad: Latest Guide for Homebuyers

By PropertyGeld Editorial Team

Published on PropertyGeld:

Circle Rates in Faridabad: Latest Guide for Homebuyers

Like all property transactions, purchasing real estate in Faridabad involves paying stamp duty and registration charges. These charges are calculated on the basis of the circle rate, also referred to as the collector rate or guidance value. The Haryana government notifies these rates through the local sub-registrar offices, and they serve as the minimum value at which a property can be registered.

Circle Rates for Flats in Faridabad (2020)

Type of Property Circle Rate (per sq ft)
Group housing societies in Greater Faridabad ₹3,100
Housing Board flats ₹3,400
Flats in licensed colonies ₹4,000
Licensed colonies in Neharpar (within municipal limits) ₹3,400
Licensed colonies in Neharpar (outside municipal limits) ₹3,400

Floor-wise Circle Rates in Faridabad

(Rates mentioned are per sq ft)

Location / Property Type Ground Floor First Floor Second Floor
HUDA sector floors ₹4,300 ₹4,000 ₹4,000
Licensed colonies (excluding Neharpar) ₹4,500 ₹4,300 ₹4,300
Neharpar (within municipal limits) ₹3,700 ₹3,700 ₹3,700
Old Faridabad ₹3,500 ₹3,000 ₹2,900
Neharpar (outside municipal limits) ₹3,500 ₹3,500 ₹3,500

Circle Rates for Residential Plots in Faridabad

Area / Sector Up to 500 sq yd (₹/sq yd) Above 500 sq yd (₹/sq yd)
Sector 14 40,000 37,000
Sector 16 38,000 35,000
Sector 17 36,000 32,000
Sector 18 27,000 24,000
Sector 18A 26,000 24,000
Sector 19 27,000 25,000
Sector 21A 30,000 27,000
Sector 21B 30,000 27,000
Sector 28 27,000 25,000
Sector 29 26,000 25,000
Sectors 30–31 27,000 24,000
Durga Builder Colony 20,000 20,000
Indraprastha Colony 25,000 25,000
Spring Field Colony 25,000 25,000
Ashoka Enclave 32,000 32,000
Neharpar Sectors (79–86, 89–90) 30,000 30,000

Stamp Duty and Registration Charges in Faridabad

Ownership Category Stamp Duty Registration Fee
Male buyer 7% Up to ₹15,000
Female buyer 5% Up to ₹15,000
Joint ownership 6% Up to ₹15,000

How Stamp Duty Is Calculated in Faridabad

Stamp duty is calculated based on the circle rate value or the transaction value, whichever is higher. The calculation depends on the type of property.

Calculation Method by Property Type

  • Apartments in housing societies
    Carpet area (sq ft) × applicable circle rate

  • Builder floors
    Built-up area (sq yd) × circle rate

  • Residential plots
    Plot area (sq yd) × circle rate

  • Independent houses
    (Plot area × land circle rate) + (Built-up area × minimum construction cost)

Stamp Duty Calculation Example

Suppose a woman buyer purchases a flat in a HUDA sector of Faridabad where the circle rate is ₹3,100 per sq ft. If the apartment has a carpet area of 1,000 sq ft, the minimum registration value will be ₹31 lakh.

  • Stamp duty (5%): ₹1.55 lakh

  • Registration charges: ₹15,000

Total registration cost: ₹32.70 lakh

Final Note

Understanding circle rates is crucial for accurate budgeting, avoiding undervaluation penalties, and ensuring legal compliance during property registration in Faridabad. Buyers should always verify the latest rates with the local sub-registrar before proceeding.

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