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Ggm: Circle rate hike in offing, builders worried
Hindustan Times Gurugram
|July 31, 2025
The Gurugram administration has proposed new circle rates and has sought objections from residents and stakeholders till July 31.
Home buyers in Gurugram will soon have to shell out more money for buying property as the district administration has proposed new circle rates and has sought objections from city residents and stakeholders in the matter till July 31.
Homes in private licensed colonies, HSVP sectors and flats in different areas of the city will see a hike in circle rates between 10 percent to 30 percent, which in turn will increase the price of properties.
Developers and real estate experts said that the proposed hike could dampen the realty market as it is already witnessing slow sales. The circle rates were last revised in Gurugram on December 1,2024, when the Haryana government had implemented a hike of 10 percent to 30 percent across the city.
Dit verhaal komt uit de July 31, 2025-editie van Hindustan Times Gurugram.
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