Discover Himachal Pradesh Circle Rates - Factors, Calculations, and More
- 3rd Oct 2024
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Learn all about the circle rates in Himachal Pradesh, how they are calculated, and the key factors that influence them, such as location, size, and area of the property. Get insights on the circle rates for Shimla, Manali, Kangra, and other regions.
Table of Contents
- Himachal Pradesh Circle Rates
- How to Calculate Himachal Pradesh Circle Rates
- Sub-categorization of Himachal Circle Rates
- Factors Influencing Himachal Pradesh Circle Rates
- How to Check Circle Rate Shimla
- Shimla Circle Rate
- How to Check Kangra Circle Rates
- How to Check Mandi Circle Rates
- Summary: Himachal Pradesh Circle Rates
What Are Circle Rates?
Circle rates, also known as “Guidance Value” or “Collector Rate,” are the minimum prices set by state governments for property sales and registrations. These rates ensure that properties are not undervalued and promote fairness in the real estate market by establishing a minimum transaction price. They also help prevent tax evasion by making sure property transactions reflect fair market value. If you're planning to buy or sell property in Himachal Pradesh, it’s crucial to understand these rates.
Himachal Pradesh Circle Rates
Himachal Pradesh Circle Rates are the lowest prices at which you can buy land in the state. These ready reckoner rates are defined separately for different regions, including Shimla, Kangra, and Mandi, making it easier for citizens to check and comply with property rules in their area.
How to Calculate Himachal Pradesh Circle Rates ?
Let us now see how you can calculate Himachal Pradesh Guidance Value by using the following Steps:
• Identify the Area: Select the area where you want to calculate the circle rates.
• Choose the Property Type: Determine the type of property (residential, agricultural land, floors, etc.) you want to assess.
• Check the Ready Reckoner Rate: Find the minimum rate for your chosen property according to the Himachal Pradesh ready reckoner.
• Apply the Formula: Use the specified formula to calculate the circle rate for your property.
Sub-categorization of Himachal Pradesh Circle Rates
Himachal Pradesh is divided into three main zones for circle rates:
• Shimla Circle Rate
• Kangra Circle Rate
• Mandi Circle Rate
In the past, property rates fluctuated frequently, and people had to visit the Patwari’s office (local revenue official) to get updated rates. This was often inconvenient and led to confusion. Now, with circle rates available online, it’s much easier for people to stay informed and make decisions without unnecessary hassle.
The Revenue Administration is responsible for overseeing these rates across districts like Shimla, Kangra, and Mandi. This department is led by the Finance Commissioner, who also serves as the Principal Secretary of Revenue. In each district, the Deputy Commissioner, who also acts as the District Magistrate and Collector, manages the circle rates.
Factors Influencing Himachal Pradesh Circle Rates
Several key factors affect the ready reckoner rates in Himachal Pradesh:
1. Neighborhood Facilities: More facilities in the area generally lead to higher circle rates.
2. Actual Market Value: The actual market value of the property is directly linked to the guidance value.
3. Area Categorization: Even within Shimla, Kangra, and Mandi, circle rates vary based on the area’s classification.
4. Property Type: Commercial properties tend to have higher rates than residential properties.
How to Check Circle Rate Shimla
Let us now have a look at how you can easily access the information regarding the Circle Rate Shimla.
Step 1: Visit https://hpshimla.nic.in/documents
Step 2: You will find a list of all the Tehsils (Districts), next to which the columns of last updated dates and downloadable links displayed.
Step 3: Go to the Tehsil you would like to check the information for and download/view the list of all the areas under its jurisdiction.
Shimla Circle Rate
S.no | Locality | Rates of Category I (0-100 mrts) | Rates of category II (>100 mrts) |
---|---|---|---|
1 | Andri | INR 11574 | INR 6682 |
2 | Bag | INR 11710 | INR 7178 |
3 | Bagog | INR 11710 | INR 7178 |
4 | Bazar Ward Bara Shimla | INR 18936 | INR 8791 |
5 | Bemloi | INR 8057 | INR 6154 |
6 | Bharari | INR 8265 | INR 8178 |
7 | Chaura Maidan | INR 10893 | INR 7178 |
8 | Chawag | INR 11710 | INR 7178 |
9 | Dalni | INR 7458 | INR 6620 |
10 | Dhar | INR 7980 | INR 6370 |
11 | Fagli | INR 7099 | INR 6370 |
12 | Jakhu | INR 8057 | INR 6615 |
13 | Kalyana | INR 9546 | INR 6615 |
14 | Kareru | INR 12418 | INR 6677 |
How to Check Kangra Circle Rates
Check how you can easily find the information with regards to the Kangra Circle Rates.
Step 1: Visit https://hpkangra.nic.in/service/online-land-circle-rates-of-each-village/
Step 2: You can find a list of all the Tehsils (Districts), next to which the columns of last updated dates and downloadable links are displayed.
Step 3: Choose the Tehsil you would like to check the information for, and download the list/view the list of all the areas falling under its jurisdiction.
How to Check Mandi Circle Rates
Check how you can simply get the information with regards the Mandi Circle Rates.
Step 1: Visit https://hpmandi.nic.in/2021-22-circle-rate/
Step 2: You can easily find a list of all the Tehsils (Districts), next to which the columns of last updated dates and downloadable links are displayed.
Step 3: Go to the Tehsil you would like to check the information for, and download the list/view the list of all the areas coming under its jurisdiction.
Location | Residential | Commercial |
---|---|---|
Alathu | INR 44,000 per sq. meter | INR 75,500 per sq. meter |
Aradha | INR 59,600 per sq. meter | INR 3,76,600 per sq. meter |
Aran | INR 6,200 per sq. meter | INR 25,500 per sq. meter |
Bagla | INR 1,46,900 per sq. meter | INR 5,96,100 per sq. meter |
Summary: Himachal Pradesh Circle Rates
Himachal Pradesh Circle Rates set the minimum price at which land can be sold in the state. These rates are defined separately for key regions like Shimla, Kangra, and Mandi to make it easier for citizens to check and comply with the law.
In the past, property rates fluctuated often, and people had to visit the Patwari’s (local revenue official’s) office for updates. This caused confusion and made it difficult to stay informed. However, now that the circle rates for Shimla, Kangra, and Mandi are available online, this process has become much simpler, allowing people to easily access and understand the value of their properties.
Frequently Asked Questions (FAQs)
Q: What are Himachal Pradesh Circle Rates?
A: Himachal Pradesh Circle Rates, also known as "Guidance Value" or "Collector Rate," are minimum rates set by the State Government. These rates ensure that properties are not sold below a certain price, bringing transparency to property transactions and preventing under-valuation.
Q: How can I calculate Himachal Pradesh Circle Rates?
A: To calculate the circle rate, use this formula: Property Value = Built-up Area (in sq. m) × Circle Rate for the locality (in INR per sq. m).
Q: What factors impact Himachal Pradesh Circle Rates?
A: Key factors include neighborhood facilities, market value, area categorization, and the type of property (commercial or residential).
Q: Can I check Himachal Pradesh Circle Rates online?
A: Yes, you can check the rates on the official website of the Himachal Pradesh Revenue Department.
Q: What is the purpose of circle rates in Himachal Pradesh?
A: Circle rates prevent property under-valuation and ensure transactions reflect the current market value, reducing tax evasion.
Q: Do circle rates vary within a single district in Himachal Pradesh
A: Yes, circle rates can differ within a district based on location and the type of property.
Q: How often are circle rates updated in Himachal Pradesh?
A: Circle rates are revised periodically, sometimes annually, to reflect current market conditions accurately.
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