Real Estate I'm a real estate developer and here's why we can't cut prices Updated : June 24, 2020 12:48 PM IST The government on its part collects stamp duty at the circle rates (ready reckoner rates) and yet expects properties to be sold at below circle rates. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.