📐 Circle Rate Calculator Formula
Property Value = Circle Rate × Property Area
- Circle Rate: Government-defined minimum property value per unit area
- Area: Total property or plot area
- Stamp Duty: Applicable stamp duty percentage
Language
Estimate the government-assessed value of a property using the applicable circle rate. Useful for property buyers, sellers, investors, and real estate agents.
If the circle rate is ₹6,000 per sq ft and the property area is 1,500 sq ft, the government-assessed property value will be ₹90,00,000. At 6% stamp duty, the duty amount will be ₹5,40,000.
Circle rate is the minimum property value determined by the government for property registration purposes.
It helps determine stamp duty, registration charges, and the minimum legal value of a property transaction.
Yes. Market value is often higher than circle rate depending on location, demand, and property condition.