University Institute of Architecture
Chandigarh University
Gharuan
B. Architecture
BUILDING ECONOMICS
ASSIGNMENT NO 2
Submitted by
Kushnesh Kumar
15BAR1051
Submitted to,
Ar. Neeraj Thind
CIRCLE RATES
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.
MARKET RATES
Market rate is the price that a buyer pays for a property. Simply put, it is the final price
decided based on the agreement between the buyer and the seller.
CIRCLE RATES OF PROPERTIES IN CHANDIGARH
COMMERCIAL
SL NO AREA RATE
1 a) Industrial. Area Ph-1 & II, Chandigarh Rs. 65,894/- per sq yds.
b) Coal Depots, Chakki Sites in UT, Iron Rs. 92,664/- per sq yds.
Market, Timber Market & Transport
Area.
2 a) SCO/SCF in Sector 17, Chd. Rs. 6,48,648/-per sq.yds.
b) SCO/SCF/Bay Shops on Madhya Marg, Rs. 4,63,320/-per sq.yds
Sub City Centre, Sec 34, Sec 22 and
dividing road of Sec 35-34.
c) Other SCO/SCF/Bay Shops Rs. 3,08,880/- per sq.yds.
3 a) Booth in Sec 17, 19, 34, 22 & 35 Rs. 4,63,320/- per sq. yds.
b) Booth in Sec 7, 8, 9, 26, 16, 18, 20 & 21. Rs. 3,70,656/- per sq. yds.
c) Booth in Sec 23, 24, 32, 37, 38 & other Rs. 2,57,400/- per sq.yds
Sectors.
RESIDENTIAL
SL NO AREA RATE
a) Sector 1 to 12 Rs. 82,368/- per sq. yds
b) Sector 14 to 37 Rs. 78,250/- per sq. yds
c) Sector 38 Rs. 74,131/- per sq. yds
onwards
a) Housing Board Flats/ Industrial Houses Rs. 82,368/-per Sq Yards
& other Flats i.e Flats in Independent)
Co-operative Societies etc. Rs. 30,888/- per Sq Yds.
(G.Floor)
Rs. 24,024/- per Sq. Yds (Ist
Floor)
Rs. 17,160/- Per Sq. Yds
(2nd Floor)
Rs. 10,296/- Per Sq. Yds (3rd
Floor)
a) Cheap Rs. 51,48,000/-
House
CIRCLE RATES OF PROPERTIES IN MOHALI
RESIDENTIAL
1 53 ( phase 3-A) 24000/-
2 54 ( phase 2 ) 24000/-
3 55 ( phase 1) 24000/-
4 56 ( phase 6) 24000/-
5 59 ( phase 4,5 ) 24000/-
6 60 ( phase 3 B1, 3 B2 ) 24000/-
COMMERCIAL
Sector -53 to 59 1,20,000/-
Sector -60to 61 1,20,000/-
Sector -63 to 69 1,20,000/-
Sector -70 ( Internal side ) 1,20,000/-
Sector -70 ( Main Road ) 1,20,000/-