What is circle rate and how does it affect how much you pay for a new home?
- Posted on June 9, 2026
- By The Times of India
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- 1 min read
What is circle rate and how does it affect how much you pay for a new home?
While buying a property, two numbers matter: what the seller is asking for and what the government believes the property is worth. The government’s number is known as the circle rate, also called the reckoner rate or guidance value, depending on the state.
