Rise in Gurugram property rates leaves homebuyers worried about extra costs

Starting August 4, 2025, people buying property in Gurugram will need to pay much more in stamp duty and registration charges. The Haryana government has raised the official property rates — called circle rates — by 10% to 30% across residential, commercial, and agricultural areas. These new rates apply to many parts of the city, including popular areas like Golf Course Road, Dwarka Expressway, and luxury condominiums such as DLF Magnolias, Aralias, and The Camellias.

Circle rates are the government’s minimum price for registering a property. These are often lower than market prices, which buyers and sellers agree on. The revised rates are meant to match the actual market prices more closely, improve transparency, stop under-reporting of prices, and increase government revenue.

Many homebuyers have said the increase is too high. Ashutosh Ragav, who was planning to buy a builder floor in Sector-51, said, “I had set a budget of ₹4 crore, but now the stamp duty has gone up too much. It’s getting harder to buy in Gurugram.”

Another buyer, Puneet Arora, said he had already paid a booking amount for a plot in Sector-57, priced at ₹10 crore. Now, with the rate hike, he needs to pay over ₹1 crore extra in duties. “This is putting huge pressure on my finances,” he added.

Luxury apartments have seen hikes between 10% to 25%. For example, in upscale buildings like Aralias, Magnolias, and Camellias, stamp duty will now be 10.22% higher. In Ambience Island, rates are up 10%, while La-Lagoon apartments have gone up by 10.41%. Other places like Central Park and Princeton saw hikes of 12.6%.

Tehsil-wise impact and expert reactions

The revised circle rates are not just for luxury homes. They affect all kinds of properties across tehsils such as Gurugram, Wazirabad, Badshahpur, Kadipur, Manesar, Farrukhnagar, Harsaru, and Pataudi.

For example, in the Wazirabad area:

• Greenwood City’s rate rose from ₹1,15,000 to ₹1,26,500 per square yard

• Mayfield Garden increased from ₹80,500 to ₹96,600

• Nirvana rose to ₹1,32,300 and Rosewood City to ₹99,200

Premium flats in DLF Magnolias now cost ₹39,400 per square foot (up from ₹35,750), while Carlton’s rate jumped to ₹16,600 from ₹15,015. Other buildings like The Crest, Icon, Caitriona, Lagoon, and La-Lagoon saw increases of 10%–25%.

Plots in HSVP sectors (such as Sectors 28–57) have gone up by 10%–20%. Group housing and floors now cost ₹7,800–₹10,300 per square foot in most areas.

The Deputy Commissioner, Ajay Kumar, said all the new rates have been uploaded online and are now official. “We’ve revised residential, commercial, and agricultural rates by 10% to 30% across all tehsils,” he confirmed.

In Badshahpur tehsil, colonies like Malibu Towne, Vatika City, and Emaar Marbella saw hikes between 15% and 30%. In the Gurugram tehsil, places like Old DLF Colony went from ₹79,300 to ₹91,195 per square yard. Commercial properties along Mehrauli to Delhi Road saw a steep 25% hike.

Group housing in Sectors 1 to 43 is now ₹9,000 per square foot, up from ₹6,500. Commercial hubs like Mehrauli to Delhi Road saw a jump from ₹14.17 lakh to ₹17.71 lakh per square yard.

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Market reactions mixed

While many real estate developers support the hike for improving market transparency, they are also cautious about its timing.

Akash Kohli of Elante Group said the new circle rates would align prices with market value and increase government revenue. Pradeep Aggarwal of Signature Global added that it could help improve bank financing and compliance in the sector.

However, some developers are worried that the rate hike may hurt property sales during the festive season, a key period for real estate.

Aman Sharma of Aarize Group said, “The timing isn’t ideal. People may delay buying homes. Still, aligning with real market prices is necessary for long-term transparency.”

Adil Altaf of Trinity agreed, saying that while the hike could make buyers cautious now, it will reduce illegal price practices and build trust in Gurugram’s real estate over time. “High-end zones like Golf Course Road and Dwarka Expressway will still attract serious buyers due to good infrastructure and livability,” he said.

The government had uploaded draft rates online and invited feedback from the public until July 31. Now that the revised rates are in effect, buyers and investors in Gurugram will need to factor in higher costs before sealing their property deals.