Circle Rate definition

Circle Rate as applicable for the Site shall mean the unit rate of land/ area approved / designated for commercial use as fixed by the revenue and stamps department of the respective State in which the Site is located for the purposes of payment of stamp duty on instruments with respect to land/ area(s) comprised in the Site;
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Circle Rate means the value of land / house assessed according to guidelines issued by the Collector under the Madhya Pradesh Bazar Mulya Margadarshak Siddhanton Ka Banaya Jana Tatha Unka Punrikshan Niyam, 2000 made under the Indian Stamp Act, 1988 (no. 2 of 1899).
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Circle Rate means the rate notified by the District Magistrate for assessment of stamp duty under the Indian Stamp Act, 1899 on the transaction of land in respective circles.
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Examples of Circle Rate in a sentence

  • Annual Concession Fee for the first year at the rate of 2% of the prevailing Circle Rate of the land which is the Project Site shall be paid by the Selected Bidder in advance on the date of execution of the Concession Agreement.

  • Annual Concession Fee shall be at the rate of 1% of the prevailing Circle Rate of the land which is the Project Site shall be paid by the Selected Bidder in advance on the Schedule Completion Date.

  • Red Circle Rate (Salary Freeze): Employees, whose pay falls above the current maximum recommended salary for the pay grade to which assigned, reclassified or transferred, come under a “red circle” pay condition.

  • This will have an impact in case of Real Estate developers and traders in India where immovable property is kept as stock-in-trade;o In case of Individual & Hindu Undivided Families, as per amendment to Section 56, any property acquired at a price lower than the Circle Rate, is treated to have been received for inadequate consideration and the balancing amount is the income of such person.

  • The EA will collect the details of land rates (Circle Rate & Registry Rate) of the affected villages.

  • Table 3.3 reflects government circle rate of the affected villages of the study area:Table 3:3: Government Circle Rate of the Study AreaS.

  • Circle Rate: For example, if someone illegally lists their property for 60% of its value and requests the remaining 40% be transferred via cash.

  • Present market rate in the project refers to the valuation of a project-affected property as per the up-dated Circle Rate or BSR Rate respectively for land and structures.

  • Blockchain will provide average property prices and values in areas and will, as a result, be able to generate a close to accurate Circle Rate (Gupta, 2017).

  • Stamped cut sheets will be returned to the contractor and must remain onthe job site with the approved plans.

Related to Circle Rate

  • Applicable Rate means a percentage per annum equal to:

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 1.48%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • Hurdle Rate means the minimum annual rate of return over the Net Asset Value at launch, or the beginning of the relevant Performance Period, as applicable, that must be achieved before an Equalisation Performance Fee is applied (details of which are set out in the section headed “Unit Class Information” in the Supplement for the relevant Fund where applicable). This rate is accrued at each Valuation Point.

  • Maximum Applicable Rate with respect to APS, has the meaning set forth in Section 11.10(a)(vii) of these Bylaws.

  • Reference Rate means the rate specified as such hereon.

  • Taxable Rate means, with respect to a Taxable Period, the product of (i) the average interest rate on the Bonds during such period and (ii) 1.54.

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Ramp Rate is the applicable Ramp Rate as stated in Section 8 of Schedule A.

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • U.S. Base Rate means, for any day, the rate of interest per annum equal to the greater of (a) the interest rate per annum publicly announced from time to time by the Administrative Agent as its reference rate in effect on such day at its principal office in Toronto for determining interest rates applicable to commercial loans denominated in U.S. Dollars in Canada (each change in such reference rate being effective from and including the date such change is publicly announced as being effective) and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%.

  • Unused Fee Rate means a rate per annum equal to 0.50%.

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Undrawn Fee Rate For any VFN Class, the rate set forth or described in the related Indenture Supplement, if any. United States and U.S.: The United States of America.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Comparable Rates means rates payable by the Comparison Group for Comparable Services so as to be fair comparable rate with the Framework Prices;

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.

  • Base Rate Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Floating Rate Margin means 7.50 per cent. per annum.