New Delhi: The Delhi government has intensified preparations for major changes in whirligig rates without 11 years. Rates last revised in 2014 no longer match market prices. In many places the difference was so much that the stamp duty hodgepodge reduced. CM Rekha Gupta has constituted a committee under the leadership of the Divisional Commissioner and sought a report on market conditions. Took the first step in June 2025 and issued a public notice in October. Seek suggestions from RWAs, industry bodies, and property owners. Will this revision uplift the property market or increase the undersong on buyers?
What is the new rule on farmhouses?
Delhi is divided from A to H. A will include houses priced at Rs 7.74 lakh/sq meter, and H will include 23,280 houses priced at Rs 7.74 lakh/sq meter. But the discrepancies are clear: Golf Link and Kalindi Colony are both in A, but there is a huge difference in the facilities. The committee suggested a category for premium areas of Lutyens' Delhi. Urbanized farmhouses in South Delhi sell for crores, but despite stuff wedding venues and luxury residences, they are valued at agricultural rates. The committee has washed-up a separate location-based valuation for Outer Delhi.
What is the gap between the market vs. whirligig rate and the reason for revenue loss?
Residential rates were updated in 2014 and agricultural in 2008. Market rates are several times higher. In high-end colonies the mazuma component is higher and stamp duty is lower. The gap has increased revenue losses and mazuma deals. In some areas the whirligig rate is higher than the market, and the transaction is slow. URJA President Atul Goyal said that whirligig rates should be reduced and a master plan should be implemented. Solve vital problems like sewerage first.
Committee report and cabinet approval—will rates increase or decrease?
The committee has scheduled a meeting next week. Work will be washed-up on categories and subcategories. The senior revenue official said that the revision is not uniform, and there will be an increase in some places and a subtract in some places. CM Gupta sought suggestions from MCD, DDA, DMRC, and CII. Without the report, the cabinet will legitimatize and issue notification. Will this transpiration increase investor confidence?
Impact on the property market – 20% deduction ends; what is the goody of the A category?
The 20% deduction will end from July 2025 (till December 31). Revision will increase revenue but will put a undersong on buyers. A category will bring transparency in Lutyens' areas. Will it make Delhi a real manor hub?
