#homeloan
Know more about Home Loans
0:50
Get the Tata Capital App to apply for Loans & manage your account. Download Now
All you need to know
Personal loan for all your needs
Check Your Credit Score
Higher credit score increases the chances of loan approval. Check your CIBIL score today and get free insights on how to be credit-worthy.
Check Credit ScoreHome Loan with instant approval starting
@ 8.75% p.a
All you need to know
Home Loan for all your needs
Calculators
Business loan to suit your growth plan
All you need to know
Business loan for all your needs
Looking for Secured Business Loans?
Get secured business loans with affordable interest rates with Tata Capital. Verify eligibility criteria and apply today
Know MoreExplore Used Car Loans
Explore New Car Loans
Explore Two Wheeler Loans
Calculators
Avail Loan Against Securities up to ₹40 crores
All you need to know
Explore Loan Against Securities
Calculators
Check Your Credit Score
Higher credit score increases the chances of loan approval. Check your CIBIL score today and get free insights on how to be credit-worthy.
Check Credit ScoreAvail Loan Against Property up to ₹ 10 Crores
All you need to know
Loans for all your needs
Calculators
All you need to know
Calculators
All you need to know
Calculators
Digital financial solutions to aid your growth
Most Popular products
Most popular products
Financing solutions tailored to your business needs
Our Bestselling Products
Avail Term Loans up to Rs. 1 Crore
Avail Digital Equipment Loans
up to Rs. 1 Crore
Avail Leasing solutions
for all asset classes
Ensure your business’ operational effeciency with ease
Most Popular products
A personal finance app, your one-stop shop for comprehensive financial needs - SIP, Mutual Funds, Loans, Insurance, Credit Cards and many more
Calculators
All you need to know
Wealth Services by Tata Capital
Personalised Wealth Services for exclusive customers delivered by a team of experts from a suite of product offerings
Calculators
All you need to know
Protect your family against unforeseen risks
Avail any of the Insurance policies online in just a few clicks
Bestselling insurance solutions
Quick Links for insurance
Motor Insurance
Life Insurance
Health Insurance
Other Insurance
Investment
Protect your family against unforeseen risks
Avail any of the Insurance policies online in just a few clicks
Choose from our list of insurance solutions
Quick Links for insurance
Motor Insurance
Life Insurance
Health Insurance
Other Insurance
Investment
Equipment Finance
Avail Digital Equipment Loans
up to Rs. 1 Crore
Equipment Leasing
Avail Leasing solutions
for all asset classes
Construction Financing
Familiarising yourself with the current circle rate is essential before buying or selling a property in Jharkhand. It helps determine the minimum property value for real estate transactions within the state. The circle rate in Jharkhand is a benchmark price fixed by the government below which you can't register a property. It is also used to calculate stamp duty and registration charges, which are mandatory during property purchases or transfers.
The Jharkhand circle rates for 2024 are as follows:
Circle rate of Jharkhand for commercial and residential plots for 2024
The government determines the Jharkhand circle rate list for commercial and residential plots, which serves as a minimum value for property transactions. It also helps determine the applicable stamp duty and registration fees, ensuring transparency in property transactions.
The circle rates for commercial plots are generally higher than those for residential plots as they have a higher income-generating potential. Moreover, the rates vary significantly across different locations and cities, with commercial plots in prime locations having a higher circle rate than those in less developed areas.
On the other hand, residential plots typically have a lower circle rate than commercial properties. Their rates also depend on location, infrastructure, and proximity to essential amenities. Residential plots in well-developed areas will have higher circle rates than those in semi-urban or rural locations.
Circle rates for agricultural land in Jharkhand
The Jharkhand circle rate list for agricultural land is typically lower than commercial and residential properties and varies based on location, land quality, and agricultural productivity. If the agricultural land is located in a more fertile and well-irrigated area, it will have a higher circle rate than less productive regions.
The circle rate of Jharkhand's agricultural land also depends on factors such as proximity to urban areas, access to roads, and the availability of irrigation facilities.
Circle rates in Jharkhand according to age factor
Whether it's a commercial, residential, or agricultural property, its age significantly impacts the circle rate in Jharkhand. Older properties generally have lower circle rates due to depreciation, wear and tear, and reduced market demand. This makes them less appealing to buyers, reducing their circle rate.
On the other hand, newer properties, especially in urban areas, often have higher circle rates due to modern amenities, better infrastructure, and favourable locations. This makes them more attractive to buyers willing to pay a premium, increasing their circle rates.
Determining the value of a property in Jharkhand using the circle rate is essential to understanding your stamp duty obligations. The stamp duty is a significant cost in property transactions and is based on the property's value (calculated using the circle rate). To find the property value, you can use the following formula:
Property Value = Circle Rate per square foot/meter × Total built-up area of the property
Remember, the stamp duty charges will vary based on the property type and other factors.
The formula for calculating property value using the circle rate in Jharkhand is as follows:
Property Value = Circle Rate per square foot/meter x Total built-up area of the property
The circle rate in Jharkhand is influenced by various factors determining the minimum price at which properties can be sold. These factors include the location, type, and age of the property. Properties in urban or rapidly developing areas typically have higher circle rates due to increased demand and better amenities such as schools, hospitals, and shopping centres. On the other hand, rural or less developed areas have lower rates.
Additionally, residential properties generally have different circle rates than commercial or agricultural land. Commercial properties typically have a higher circle rate due to their potential for generating income.
The age and condition of the property also play a crucial role in determining the circle rate. Newer properties have higher circle rates than older properties as they require lower maintenance and have better, modern infrastructure.
The age of the property significantly impacts its valuation and circle rates. Newer properties often have higher circle rates as they come with modern amenities and high construction quality. These perks make them more appealing to buyers, boosting the circle rates.
On the other hand, the market value of older properties depreciates over time due to older properties. As a result, they generally have lower circle rates, even if they are in a prime location.
Before carrying out any real estate transactions, it's essential to understand the current circle rates. They establish the minimum value for properties, influencing the calculation of stamp duty and registration fees. This ensures transparency in property dealings, preventing under or over-valuation. Both buyers and sellers must understand circle rates to ensure the property is fairly priced. Moreover, it helps determine the home loan eligibility and maximum loan amount the buyer can borrow.
Disclaimer: The rates can vary at the discretion of the state government. Kindly check the official website for existing rates.
Service provided by Manoj Patel in Surat vesu Branch was helpful and because of his support we were able to close loan.
Home Loan | 23 Aug, 2024
Excellent A1 Services. The Lady at the Customer Desk is very Cooperative and helpful so that my work completed without the time frame. The name of the Lady is Amruta Pathak. God bless her and her family. Thanks and Regards for the entire team of Tata Capital.
Home Loan | 13 Aug, 2024
Very good & prompt service, and we have spoken to Mr. Manish also, and he always helps us to provide our request. Thank you, Ms Apurva Shende & Manish Padwal
Home Loan | 24 Jul, 2024
I'm happy with the service and the help I got earlier for foreclosure letter. Thank you so much & thanks to Alisha mam for her guidance.
Home Loan | 17 Jul, 2024
Special thanks to Mr. Avinash for his help rendered with full commitment to his job, answering the queries to me clearly, and follow up so that the work is done in given time to get customer satisfaction.
Home Loan | 02 Jul, 2024
Mr Avinash who handled my case is well experienced and has courtesy for customers' concerns. However, some of the Tata Capital products are very expensive when compared to other banks' ones!
Home Loan | 28 Jun, 2024
Start to end of my loan process was simple and guidance of your team members were to the point. My last communication was with Mr. MANOJ PATEL from surat branch he was very polite and helpful.
Home Loan | 20 Jun, 2024
We extend our heartfelt gratitude to Mr. Pravin Sagare, Senior Officer of Customer Service, for his exceptional service. His remarkable demeanor and professionalism during telephonic interactions with customers have been truly outstanding. Over the past two years, we have utilized various services, yet none have matched the quality provided by Mr. Sagare. We are deeply impressed by the exemplary service, due to this reaons we has influenced our decision to obtain a second home loan from TATA Capital Housing Finance Limited.
Home Loan | 07 Jun, 2024
I had applied for a home loan at Tata Capital & got the it approved quickly. The process was smooth and sanctioned with sufficient amount with tenure period of 20 yrs.
Home Loan | 14 Mar, 2022
Know more about Home Loans
Looking for a bungalow or an apartment? With Tata Capital Home loans, find a dream home and make it your reality. Ab aapke sapnon ka ghar aapke naam!
Submitted successfully
Useful Links and Resources
Policies, Codes & Other Documents
Tata Capital Solutions & Services
Personal Loan
Business Loan
Vehicle Loans
Copyright © 2024 Tata Capital Limited
Uh oh, something went wrong
Please try again later.
Start an SIP in minutes by signing up with the Tata Capital Moneyfy App. We are your one stop shop for all things investment.
Looking for a seamless loan experience? Get the Tata Capital Loan App and Apply for loans, Download Account Statement/Certificates, Track your requests & much more.
Thank you for subscribing
We will send news and updates to your registered email ID
Click allow button to receive notifications
We are constantly crafting offers and deals for you. Get them delivered straight to your device through website notifications.
All you have to do is Click on “Allow”
Trust the links that start from https://www.tatacapital.com
Do not make payments in any individual’s bank accounts.
Call our Customer Care Number 1860 267 6060 for assistance
For any assistance, contact our customer support
rahul.sharma@gmail.com