India, Dec. 1 -- Buyers will have to pay more for registration of property in Gurugram starting December 1 following the district administration's decision to hike circle rates by 10% to 30%. Luxury residential areas such as Golf Course Road are expected to see a 30% hike in circle rates.

Officials had said on November 29 that the circle rates will come into effect from December 1 and will be applicable at least till Mar 31, 2025. Deputy Commissioner Ajay Kumar, who announced the new rates on November 29, was quoted as saying that the new collector rates, also called circle rates, being implemented for residential, agricultural, and commercial land in the district have been increased by 10% to 30%, taking into account the market rate pre...