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Haryana Keeps Circle Rates Unchanged for FY 2025–26, Offering Relief to Homebuyers and Investors

April 25, 2025 The government of Haryana has announced that circle rates will remain unchanged for the financial year 2025 26 , a decision expected to bring stability to the state s real estate sector. The move follows a significant increase in circle rates by nearly 10 30 percent in December 2024 , which had raised concerns among property buyers and investors about higher transaction costs, particularly in popular markets such as Gurugram and Faridabad . Circle rates, also known as collector rates, represent the minimum value set by the government for property transactions . These rates are used as the base price for calculating stamp duty and registration fees. By deciding not to revise the rates this year, the government aims to maintain affordability and sustain momentum in the property market. Real Estate Industry Welcomes the Decision The real estate industry has largely responded positively to the government s decision. Pradeep Aggarwal , Founder and Chairman of Signature Global (India) Ltd. , said that maintaining the current circle rates will help ensure stability in the property market. According to him, the step will particularly benefit active micro-markets in Gurugram, where real estate activity has been growing rapidly in recent months. By preventing an increase in registration costs, the policy offers financial relief to buyers and encourages more end-users to participate across different housing segments. He also noted that such initiatives strengthen buyer confidence and demonstrate the government s commitment to maintaining a balanced environment for sustainable growth in the real estate sector. Positive Outlook for Gurugram and Key Property Markets Industry experts believe the decision will also support continued growth in major real estate destinations. Ashok Kapur , Chairman of Krishna Group and Krisumi Corporation , stated that the policy brings significant relief for both homebuyers and property investors. He explained that keeping the circle rates stable helps prevent sudden increases in property prices, which is particularly important in the current market environment. A predictable pricing structure makes it easier for buyers to plan their investments and reduces uncertainty during property registration. Boost for Real Estate Demand in Haryana With housing demand remaining strong in areas like Gurugram and surrounding regions, market observers expect this policy to encourage more buyers and investors to enter the market. The stability in circle rates ensures that transaction costs remain predictable, which can lead to increased property purchases and investment activity. Overall, the government s decision is expected to support steady development in Haryana s real estate sector while maintaining affordability and boosting confidence among homebuyers and investors.