Circle rates slashed by 3-8% in Gurugram, housing demand to get a boost

The move to slash the circle rates will put Gurgaon in an advantageous position. “Gurgaon will have a unique advantage over the other NCR regions. In most of the other regions, prices are going up, circle rates are being revised. Now it seems, authorities in other cities will have re-think their strategy on circle rates. It also gives a fillip to affordable housing which has been a focus point of both state and the central government, ” Sopan Gupta, Principal Partner, Square Yards said.

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