Dear experts,
A property having total area 68000 Sq ft. (1700*40) the circle rate is Rs. 2000 per sq. ft., how to calculate circle value of said property. Whether circle rate is classified for various stage i.e. front, middle and inner area??
1 Replies
Nitesh bind
(Student CA Final )
(12692 Points)
Replied 12 January 2019
Circle rate is the minimum value at which the sale or transfer of a plot, built-up house, apartment or a commercial property can occur. This rate is set by the state government's revenue department or the local development authorities. Within a city, there can be different circle rates for different localities.
So need more details about Property for Calculation.
So need more details about Property for Calculation.
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