Circle rates in Gurugram have increased in the new financial year. The new rates for residential areas have increased by much as 15%. The rates have been approved by DC office Gurugram reportedly.
Applying a new formula, the circle rates neat highway will be more now. For instance property along NH-48 will be around 25% more costlier now. Similarly, property near a state highway will cost 10% more.
For commercial areas the circle rates have seen a steep hike of as much as 70%.