Circle Rates in India 2026 — What Your State Calls It
Every state charges stamp duty on a government-notified minimum property value — but almost every state names it differently: circle rate in Delhi and UP, ready reckoner rate in Maharashtra, guidance value in Karnataka, jantri in Gujarat, DLC rate in Rajasthan, fair value in Kerala, MVR in Bihar. Find your state's term, the official lookup portal, and the latest revision below.
Why this rate decides what you pay
When a sale deed is registered, the sub-registrar charges stamp duty on the higher of your declared price and this government value — declaring a lower price never reduces the duty. The same value feeds income tax: Section 50C taxes the seller as if they received at least the government value, and Section 56(2)(x) taxes the buyer on the shortfall if the price is more than 10% below it.
Each state guide covers who notifies the rate, how to look it up for your locality, the latest revision, and a worked duty example.