April 3, 2024: The district level committee (DLC) rate in Jaipur has been increased by 10% in Jaipur from April 1, 2024. With this, the registration and stamp duty charges of residential and commercial properties in Jaipur will also see a rise. However, as per a TOI report, there will be no change in the rebates given in stamp duty as per the previous financial year.
The DLC rate is the minimum value under which a property cannot be sold. It is also known as circle rate in North India, ready reckoner rate in Maharashtra and guidance value in South India. The DLC rate depends on factors such as location of the property, market value, facilities and amenities available with the property, type of property that may be residential, commercial, industrial or institutional.
The price of residential and commercial properties is determined by Jaipur Nagar Nigam. The minimum valuation of different kinds of properties is calculated based on the circle rates in Jaipur also known as District Level Committee (DLC) rate. Amended and ascertained on the basis of the current market valuation of properties, these rates are used to calculate the stamp duties and registration fees payable to the Rajasthan government.
Notably, every property transaction will be followed by the payment of these charges to register the new owners in the official records of the State government.
What is the DLC rate in Rajasthan?
DLC rate stands for District Level Committee rate, the minimum value on which a property’s stamp duty is calculated. In Rajasthan, if the DLC rate exceeds the market value of the property, the stamp duty will be payable pursuant to the market value. If the DLC rate is lower than the market value, the stamp duty is payable on the rate whichever is higher.
DLC rate classification
The DLC rate in Rajasthan is classified into two categories:
• Exterior
• Interior
The exterior DLC rate Rajasthan is considered for stamp duty when the property lies beside the main road.
The interior DLC rate Rajasthan is used for stamp duty calculation in case the property is not located beside the main road.
How is DLC rate calculated?
Case 1: When DLC is lower than the actual sale price
Suppose Aarti Khandelwal buys a residential property worth Rs 50 lakh. The DLC rate of this property is Rs 40 lakh. However, Khandelwal will need to pay stamp duty on the higher value, which is on Rs 50 lakh.
Case 2: When DLC is higher than actual sale price
Suppose N Sundarajan buys a property worth Rs 60 lakh and the DLC rate for this property is Rs 65 lakh. Therefore, Sundarajan will have to pay stamp duty on the higher of the two, which is at Rs 65 lakh.
How to calculate property value with DLC Rate Rajasthan?
To determine the value of a property based on the DLC (District Land Committee) rate in Rajasthan, you can use the following formula:
Value of Property = DLC Rate x Built-up Area of the Property (in square metres)
For instance, if the DLC rate is Rs 5,000 per square metre and the property’s built-up area is 750 square metre, you can calculate the property’s value as follows:
Value of Property = 5000 x 750 = Rs 37,50,000
It’s important to note that when it comes to paying stamp duty, it is calculated based on the higher value between the property’s actual value and the DLC rate in Rajasthan.
How to check the current DLC rate Rajasthan on E-panjeeyan?
Step 1: Log on to the IGRS website at https://epanjiyan.rajasthan.gov.in/ and on the homepage, click on e-Value (Online DLC).
Step 2: Select the district and click on submit.
Step 3: Select area and other categories such as SRO, Zone and Colony. Enter Zone name, Captcha and click on show result.
Jaipur DLC rates increased locality
| Locality | DLC Rate Range (in INR) |
|---|---|
| C-Scheme and MI Road Area | ₹90,000 – ₹1,25,000 |
| Amer-Jal Mahal Area | ₹12,000 – ₹42,000 |
The District-Level Committee (DLC) rates are higher in most C-Scheme and MI Road areas. The lowest DLC rate here will be between Rs 90,000 and Rs 1.25 lakh, and in the historical area, it will be between Rs 12,000 and Rs 42,000.
Estimated DLC Rates in Jaipur Areas:
| Locality | DLC Rate Range (in INR) |
|---|---|
| Jagatpura, Model Town, Indiragandhi Nagar | ₹16,800 – ₹19,650 |
| Sodala, Nandpuri, Hawa Sadak, Shyam Nagar, Suez Farm | ₹16,800 – ₹70,000 |
| Vaishali Nagar, Hanuman Nagar, Vidyut Nagar, Doctors Kalani, Chitrakoot | ₹48,000 – ₹65,000 |
FAQs
How to calculate stamp duty with DLC rate?
If the DLC rate is higher than the market value, the circle rate is selected for calculating registration charges and stamp duty. If it is lower than the market value, then the latter will come into consideration.
What are interior and exterior DLC rates?
The exterior DLC rate is applicable to the stamp duties when the property is located by the main road. On the contrary, the interior DLC rate will be used for the stamp duties if the property is not beside the main road.
How can you find the circle rates of Jaipur?
Log on to the official website of Epanjiyan and find the DLC rate of a particular location of the city. You can also find it in the Registration & Stamps Department, the Government of Rajasthan.
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