New Delhi: According to the global consultants, hike in circle rates may affect housing sentiments in national capital, Delhi. Circle rates have been recently increased by 20%, which is the minimum valuation for registering the properties. The main aim for increase in circle rates is to identify black money factor in the sales and purchase deal.According to the sources, this drive may have severe affect on home buying sentiment in the national capital. The real estate market is already sluggish and the hike in circle rate may probably affect the market more. This notice just before the festive season may further cut back the homebuyer sentiment.Circle rates has been increased from Rs. 6.45 lakh per sq m to Rs. 7.74 lakh in ‘A category’ housing colonies like Gulmohar Park, Defence Colony, Greater Kailash, Anandlok, Green Park, Panchsheel Enclave, Hauz Khas and Golf Links. The land rates in ‘B category’ have been increased from Rs. 2, 04,600 per sq m to Rs 2, 45,520 which includes residential localities like Nehru Enclave, Andrews Ganj, Munirka Vihar and Kalkaji.The associate director (research) of JLL India said that the announcement of rise in circle rates would affect the secondary real estate market of Delhi which is already witnessing a downtrend. However it is a good decision to bring circle rates in level with the present market rate. He further said that it will also bring transparency in property sales by curbing down the black money in real estate sector.South Delhi is already witnessing a decline in residential sector. As the cost of apartments is expected to increase, homebuyers would have to shell out more money. Real estate developers are facing the liquidity crunch due to slowdown in property demand.займ на карту без отказов круглосуточновзять кредит онлайн