How to Calculate Property Circle Rates in Agra & Category Wise Rates List
Circle rates in Agra are the minimum rate set by the Government below which you cannot sell or register property. Knowing the circle rates has its benefits. You can estimate the price you will pay for registration and stamp duties if you know the circle rate. So, without further ado, let’s check out the circle rates in Agra.
Why Does the Government Use Property Circle Rates in Agra?
The State government uses the circle rate to determine the stamp duty and registration charges. Moreover, the Central Government uses the circle rate to assess the income tax. On that note, let’s look at the category-wise circle rates in Agra for 2023.
You may also like why Property insurance is important?
What Are the Category-Wise Circle Rates in Agra?
Below is a table that lists the circle rate of Agra. [1]
| Area | Circle Rate Per Sq. Metre |
|---|---|
| Vayu Vihar 100 Road, From Bodla Bichpuri Road Chauraha to Agra Fatehpur sikri Road | ₹ 15,000 |
| From Rui Ki Mandi Railway Gate to Ajit Nagar gate, and from Kheria Mod Tiraha to Arjun Nagar Tiraha | ₹ 33,000 |
| From Doretha 100 Feet to Bodla Chauraha Agra | ₹ 24,000 |
| From Ram Nagar Tiraha to Awadhpuri Chauraha | ₹ 26,000 |
| From Hanuman Nagar Chauraha to Awadhpuri Tiraha | ₹ 28,000 |
| From Bhogipur Tiraha to Sirki Mandi Chauraha | ₹ 35,000 |
| From Kothi Meena Bazar New Shahganj to Hanuman Nagar Chauraha | ₹ 39,000 |
| From Lohamandi Chauraha to Bodla Chauraha | ₹ 35,000 |
| From Lohamandi Chauraha to Shahganj Chauraha | ₹ 38,000 |
| From Madiya Katra Chauraha to Lohamandi Chauraha | ₹ 38,000 |
| From Mental Hospital Road to Mariyam Tomb | ₹ 33,000 |
| From Madiya Katra to Mental Hospital | ₹ 38,000 |
| From Bodla Chauraha to Sikandra Akbar Chowk | ₹ 42,000 |
| From Bhogipura Chauraha to Bodla | ₹ 38,000 |
| From Shah Nagar Chauraha to Prithvinath Phatak | ₹ 30,000 |
| From Prithvi Nath Phatak to Vayu Vihar | ₹ 22,000 |
| From Bhojipura to Prithvi Nath Phatak | ₹ 30,000 |
| From Rui Mandi Chauraha to Bhogipura | ₹ 45,000 |
| From Rui Mandi Chauraha to Railway Gate | ₹ 45,000 |
| From Collectorate to Rui Mandi Chauraha | ₹ 35,000 |
| From Kamla Nagar B Block Main Road Anjuman Bar to Pani Tanki Road | ₹ 72,000 |
| From Kamla Nagar B Block Main Road Central Bank to Pani Tanki Road | ₹ 75,000 |
| From Kamla Nagar Main Road Shree Ram Vatika To F Block Krishna Tower | ₹ 77,000 |
| From Hanuman Mandir Khandari Road to Home Science Institute | ₹ 82,000 |
| From Church Road MG Road to Ram Raghu Hospital to Uddeshwar House via Hanuman Mandir Khandari Chauraha | ₹ 83,000 |
How to Calculate Circle Rates in Agra for Apartments in Housing Societies?
If you are purchasing property in a housing complex or colony, you can determine the circle rate using the following formula:
(Part of the land ratio x land cost) + (flat area x building cost) +(common area x construction cost)
How to Calculate Property Value Using Circle Rates in Agra?
Follow the below steps to calculate the property value using circle rates in Agra.
- Step 1: First, you have to determine the built-up area of the property.
- Step 2: Next, select the property type.
- Step 3: Then, choose the locality or area.
- Step 4: Lastly, determine the assessed value based on the overall circle rate in Agra.
- Step 5: Use the formula given below to determine the property value.
Property value = Built-up area (in square metres) x circle rate for the locality (In ₹/square metres)
What are the Top Factors Affecting Circle Rates in Agra?
Listed below are some of the factors that affect the circle rates in Agra.
- The Market value of the property
- Property age
- Available facilities
- Property location
- Occupancy type
With that, we conclude the article on circle rates in Agra. It is wise to know the circle rates to determine the stamp and registration charges before buying or selling property in Agra.
FAQs About Property Circle Rates in Agra
When are circle rates revised?
What are circle rates also known as?
Does the circle rate decrease if the property’s age goes up?
Yes, the age of the property plays a significant role in determining circle rates in Agra. That means that if the property's age goes up, the circle rate reduces.