20% Rebate on Circle Rates Announced During COVID-19 Pandemic
Major Relief - 20% Reduction in Circle Rates
Stamp duty calculated on 80% of the notified circle rate. Savings: Rs.60,000 on Rs.50L property, Rs.1,20,000 on Rs.1Cr property (male buyer at 6%).
Result: Property registrations in Delhi showed healthy increase during this period.