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With the announcement of new circle rates, the valuation of property in Dehradun is set to witness substantial changes.
For potential property owners, understanding the circle rate in Dehradun becomes crucial, especially when considering a loan against property interest rates. This blog aims to provide a comprehensive overview of the updated circle rates in Dehradun, helping property enthusiasts make an informed decision.
With the recent announcement of new circle rates, property valuation in Dehradun is poised for significant changes. Understanding the updated circle rate in Dehradun is crucial for potential property owners, especially when considering loans against property at competitive interest rates. This blog provides an in-depth overview of the updated Dehradun circle rate list for 2024, assisting property enthusiasts in making informed decisions.
Dehradun, nestled in the lap of the Himalayas, has been a coveted property destination. With the city's infrastructural development and burgeoning real estate sector, it's essential to stay updated on the circle rate in Dehradun.
The circle rate, simply put, is the minimum rate at which a property is registered during transfer. Given the city's escalating growth, seeing a shift in these rates is unsurprising.
Also, Read: Circle Rate in Ghaziabad: New Circle Rate List
The state government of Uttarakhand recently announced the new circle rates for 2023. The updated dehradun circle rate list showcases an average increment of 33% across the state.
However, some localities, notably in Dehradun, have observed an overwhelming increase of over 100%. For instance, regions surrounding the IT Park in Dehradun have witnessed a dramatic revision of around 150%.
Zone | Locality | Multistorey Apartments (per sq. m) |
A | Silla, Pawala Sauda, Akhandwali Bhilang | Rs 18,000 |
A | Caravan Karanpur, Kaali Maati | Rs 18,000 |
A | Bagda Dhoran, Badasi Grant | Rs 18,000 |
B | Nagal Jalvapur | Rs 18,500 |
B | Faandwala, Teiwala, Chandimari | Rs 18,500 |
B | Chadimwala, Dudhli, Prem Nagar | Rs 18,500 |
B | Kudkala, Wishanpur, Mohamadpur, Morkhan Grant-II | Rs 18,500 |
B | Jhabarwala, Madhowala, Khata, Khairi | Rs 18,500 |
C | Dharnchook, Bullwala | Rs 18,500 |
C | Asthal | Rs 21,000 |
D | Galliyavad, Jhadjipani, Kyarkuli Bhata | Rs 20,000 |
E | Vilaspur Kandali | Rs 20,000 |
F | Kheda Mansingh Wala, Gorkahpur Maafi, Bhawanwala, Telpura Grant, Ambiwala, Chak Bajariwala | Rs 21,000 |
G | Bhast Gaon, Chandoti, Bhagwanpur, Saloniwala, Salan Gaon, Bhagwanpur, Purkul | Rs 22,000 |
Zone | Locality | Agricultural Land (per sq. m) |
A | Silla, Pawala Sauda, Akhandwali bhilang | Rs 1,000 |
A | Caravan Karanpur, Kaali Maati | Rs 1,000 |
A | Bagda Dhoran | Rs 1,000 |
A | Bagda Dhoran, Badasi Grant | Rs 1,000 |
B | Nagal Jalvapur | Rs 1,400 |
B | Faandwala, Teiwala, Chandimari | Rs 1,400 |
B | Chadimwala, Dudhli, Prem Nagar | Rs 1,400 |
B | Kudkala, Wishanpur, Mohamadpur, Morkhan Grant-II | Rs 1,400 |
B | Jhabarwala, Madhowala, Khata, Khairi | Rs 1,400 |
B | Dharnchook, Bullwala | Rs 1,400 |
C | Asthal | Rs 2,000 |
D | Galliyavad, Jhadjipani, Kyarkuli Bhata | Rs 3,000 |
E | Vilaspur Kandali | Rs 1,500 |
F | Kheda Mansingh Wala, Gorkahpur Maafi, Bhawanwala, Telpura Grant, Ambiwala, Chak Bajariwala | Rs 3,500 |
G | Bhast Gaon, Chandoti, Bhagwanpur, Saloniwala, Salan Gaon, Bhagwanpur, Purkul | Rs 4,000 |
Zone | Locality | Non-Agricultural Land (per sq. m) |
A | Silla, Pawala Sauda, Akhandwali bhilang | Rs 4,000 |
A | Caravan Karanpur, Kaali Maati | Rs 4,000 |
A | Bagda Dhoran | Rs 4,000 |
A | Bagda Dhoran, Badasi Grant | Rs 4,000 |
B | Nagal Jalvapur | Rs 4,500 |
B | Faandwala, Teiwala, Chandimari | Rs 4,500 |
B | Chadimwala, Dudhli, Prem Nagar | Rs 4,500 |
B | Kudkala, Wishanpur, Mohamadpur, Morkhan Grant-II | Rs 4,500 |
B | Jhabarwala, Madhowala, Khata, Khairi | Rs 4,500 |
B | Dharnchook, Bullwala | Rs 4,500 |
C | Asthal | Rs 7,000 |
D | Galliyavad, Jhadjipani, Kyarkuli Bhata | Rs 6,000 |
E | Vilaspur Kandali | Rs 6,000 |
F | Kheda Mansingh Wala, Gorkahpur Maafi, Bhawanwala, Telpura Grant, Ambiwala, Chak Bajariwala | Rs 7,000 |
G | Bhast Gaon, Chandoti, Bhagwanpur, Saloniwala, Salan Gaon, Bhagwanpur, Purkul | Rs 8,000 |
Age of Property | Multiplication Factor |
1 year | 0.99 |
2 years | 0.98 |
3 years | 0.97 |
4 years | 0.96 |
5 years | 0.95 |
6 years | 0.941 |
7 years | 0.932 |
8 years | 0.927 |
9 years | 0.913 |
10 years | 0.904 |
11 years | 0.89 |
12 years | 0.88 |
13 years | 0.87 |
Circle Rate = Base Rate + (Factor * Area Adjustment) + (Factor * Zone Adjustment)
Some of the factors on which circle rates depend are -
The circle rate in Dehradun serves multiple purposes. Firstly, it aids the government in preventing the undervaluation of properties, ensuring that the right amount of stamp duty and registration charges are collected. Additionally, the circle rate acts as a benchmark for potential buyers and sellers to ascertain the property's market value. It's also crucial for financial institutions to help them determine the loan amount they might sanction for the property.
Also, Read: What is Circle Rate in Banglore, Karnataka
No, land circle rates are not uniform across all areas in Dehradun. The Dehradun Land Circle Rate varies significantly depending on the locality, type of property, and its amenities. Prime locations typically have higher rates compared to developing or less developed regions, reflecting differences in property values and demand.
As Dehradun's real estate landscape evolves, the importance of understanding circle rates and their implications cannot be overstated. Not only do they give potential buyers and sellers a clear picture of a property's valuation, they also play a pivotal role in the loan against property interest rates. By being well-informed about these rates and the factors that influence them, individuals can make more strategic decisions regarding property investments, sales, and even securing loans against properties.
1. Why are circle rates important in Dehradun?
Circle rates in Dehradun serve as a standard for property valuation, ensuring transparent and fair transactions.
2. How are circle rates calculated in Dehradun?
Circle rates are set by the state government, considering factors like locality, property type, and amenities. Regular reviews and updates reflect the property market's current conditions.
3. How to know the circle rate for my property in Dehradun?
You can check the official Uttarakhand government website or consult local property experts for the latest Dehradun circle rate list.
4. What is the registration rate in Dehradun?
Registration rates are typically a percentage of the property's value or the circle rate, whichever is higher.
The act of paying out money for any kind of transaction is known as disbursement. From a lending perspective this usual implies the transfer of the loan amount to the borrower. It may cover paying to operate a business, dividend payments, cash outflow etc. So if disbursements are more than revenues, then cash flow of an entity is negative, and may indicate possible insolvency.
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