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UP Govt introduces Unified Circle Rate System to simplify property valuation

Unified circle rate
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In a major step toward transparency and uniformity, the Uttar Pradesh government has launched a unified circle rate list to streamline property valuation and stamp duty assessment across the state. Implemented by the stamps and registration department, the new system replaces district-specific formats with a single standardised framework that categorises properties under urban, semi-urban, and rural areas.

The reform aims to make property registration more citizen-friendly by allowing individuals to calculate valuations and stamp duty independently, while reducing disputes and inconsistencies in assessment, according to a report by The Hindustan Times.

Minister of state (Independent Charge) for stamps and registration, Ravindra Jaiswal, described the move as a major reform to improve, simplify, and standardise the valuation process. “Now, citizens will be able to assess the value of their property and calculate stamp duty on their own without any technical assistance,” he told reporters in Lucknow on Tuesday.

The revised format divides areas into 15 sub-classes under three categories, urban, semi-urban, and rural, ensuring uniformity across districts. It introduces separate classifications for agricultural, non-agricultural, and commercial plots, with clear rules for properties adjoining or located away from main roads, aimed at reducing disputes and litigation.

The system also specifies valuation rates for a range of properties, including farmhouses, semi-commercial units, residential-cum-commercial buildings, single commercial establishments, hotels, hospitals, petrol pumps, cinema halls, and coaching centres. Depreciation on construction age has also been streamlined between 20% and 50%.

For the first time, a uniform standard for tree valuation has been introduced based on tree age. Additionally, where agricultural and non-agricultural lands exist under one plot number, a scientific and rational method of valuation will be applied to ensure fair assessment and prevent stamp-related conflicts.

Calling the unified rate list a “major step towards transparency and uniformity,” Jaiswal said the reform would make property registration more citizen-friendly and efficient.

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