Circle rates News

Increase in circle rates by up to 20 percent in the national capital could further dampen investor sentiment and affect housing market, according to global property consultants.

Tracking the losses in these stocks, the BSE realty index fell by 4.91 percent to 1,673.48.

Home prices in the capital are set to go up further with Delhi government Monday hiking the circle rates -- the minimum valuation at which properties have to be registered -- by up to 20 percent with an aim to check black money component in sale and purchase transactions.