The Delhi government’s decision to increase the circle rates might prompt a revision in Delhi property tax rates upwards too.

Experts feel as the circle rates have been increased by up to around 200% in certain areas, the Delhi property tax will be revised by around 100% in these areas.

With regard to property in Delhi, property tax is fixed on the unit area basis. As the property prices are high in the posh areas – which are kept in the higher categories – the circle rates are fixed at a higher rate.

Similarly, the property tax rates in those areas are also pegged at higher levels.

Property in Delhi

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Tags: Delhi property tax, Property in Delhi

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