Delhi Cuts Circle Rates Of Properties By 20%
A metro train travels along an elevated track as residential buildings stand in the background at night in the outskirts of New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

Delhi Cuts Circle Rates Of Properties By 20%

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The Delhi government on Friday reduced the circle rates of residential, commercial and industrial properties in all areas by 20%.

The decision was taken during a cabinet meeting chaired by Chief Minister Arvind Kejriwal.

The circle rates related to residential, commercial and industrial properties in Delhi have been reduced by flat 20% across all categories of colonies and areas till Sept. 30, 2021, a city government official said.

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