Explainer · Circle rate (Collector rate)
Circle rate (Collector rate) in Sonipat
The circle rate or Collector rate is the government-notified minimum price below which property cannot be registered for stamp-duty purposes.
The circle (Collector) rate is the government-notified floor below which a property cannot be registered. How it is set, how often it is revised, and why it often differs from the market rate all affect what you budget. Ask us for the current rate on a specific sector.