Delhi govt reduces circle rates of properties by 20 pc for next 6 months ANI | Updated: Feb 05, 2021 20:48 IST New Delhi [India], February 5 (ANI): In a bid to give a boost to the real estate sector hit by coronavirus pandemic, the Delhi government on Friday reduced circle rates of properties by 20 per cent across all categories for the next six months. The comes after a cabinet meeting chaired by Chief Minister Arvind Kejriwal, where a proposal of reducing the circle rates of residential or commercial or industrial and other properties in Delhi by 20 per cent for the next six months was approved. The decision is expected to make it substantially cheaper for people to do property transactions, revive the real estate sector which has been hit severely by the Corona pandemic and create new jobs, said an official release of the Delhi government.