The circle rates in Noida

Q: Can any one define the circle rate and what is the recent circle rate of Noida

Akash Kanojia, Delhi

20th May 2013

Real estate News in Noida

noida

delhi ncr

delhi

circle rates

Follow Discussion

Also see discussions for

Noida Real estate News Real estate News in Noida

Replies (15)

Hi Guys,
As per the latest news, the Delhi High Court dismisses a PIL against an AAP govt notice upgrading the circle rates of rural area(agricultural land) in the capital by 3 times. Kindly discuss.

Raj Roy, Delhi

18th August 2015

Comment

Hi Raj,
As per the news, bench of Chief Justice G Rohini and Justice Jayant Nath declared that, no case is made out as the notice was issued for the sake of the lieutenant governor. The court passed the request after the applicant, who had looked for subduing of the August 4 notice, neglected to answer the seat's question regarding who has the authority to authorize the same.

Jeet Bhaskar, Delhi

18th August 2015

Yes Jeet, that is right. But on the other hand, the bench was told by the Delhi govt that according to the Transaction of Business Rules, the notice must be issued for the sake of the LG and the same has been consented to.

Raj Roy, Delhi

18th August 2015

Hi Guys,
According to sources, as the notice was issued for the sake of LG, no case is made out. The writ appeal is rejected. The appeal filed by a property dealer, Mr Gopal Gupta, had asserted that the notice issued by the Delhi government was invalid as it has been issued with no authority.

Richa, Delhi

18th August 2015

As per sources, Aam Aadmi Party govt has settled the new rates between Rs 1-3.5 crore/acre from the prior Rs 53 lakh/acre of land. Charging that this price escalation was taken without the LG's permission, the PIL had looked for suppress of the August 4 warning, which had as of now pursued into inconvenience LG Najeeb Jung ordered the Arvind Kejriwal govt to keep up business as usual till the issue was analyzed legally.

Arpit, Delhi-NCR

18th August 2015

Group housing projects as well as high rise buildings in Noida and Greater Noida has seen a swift development in this area. The developers have been demanding an enormous amount from home purchasers because of amenities, for example, swimming pool, security and lift etc. Presently, such amenities charges in Noida has been decreased from 25% to 15%. At the same time in Greater Noida, it has been decreased from 12% to 10%.

Bobby, Noida

7th August 2015

Comment

Hi Pranab,
According to the sources, the high rise structures in both areas(Noida, Greater Noida) have additionally been given relief depended upon the height. Prior this alleviation was accessible at the rate of 5% for floors beginning from the 3rd floor or more, heading off up to a most extreme of 20%.

Bulbul Verma,

8th August 2015

As per the district official, there has been no increment in the circle rates for industrial plots measuring up to 4000 sq-m. But plots over 4000 sq-m, the approved rate as well as the lease rent would be added to touch base at the circle rate. In any case, if the current circle rate is more, then that would be relevant.

Veena K,

9th August 2015

Hi Pranab,
As per current news, fully developed sectors in Greater Noida, for example, Deltam, Beta, Alpha as well as Gamma have seen an increment of Rs 1,000/sq-mt. There are no changes in undeveloped sectors. The stamp duty is directly relative to the property circle rate.

Samrat,

10th August 2015

Hey Guys,
Latest change in circle rates of Noida , made sector 15A and 44 most expensive locality in Noida. From August 7th ,this new circle rate has introduced. Kindly discuss.

Pranab Malakar,

7th August 2015

Comment

Hi Pranab,
As per the latest news, circle rates in Gautam Budh Nagar increase by 5%-10% crosswise over different categories. As an outcome, registration of property has gotten to be expensive in the region. The upgrade, on the other hand, is not uniform crosswise over types or locations.

Shilpa, Noida

7th August 2015

Hi Shilpa,
According to sources, while Sector 15A and Sector 44 in Noida have turned into the costliest, the district administration has given some alleviation to flat and shop purchaser. The circle rate is currently Rs 90,500/sq-mt when contrasted with the before circle rate of Rs 86,000/sq-mt for property belongs to category A.

Pranab Malakar,

7th August 2015

As indicated by officials, in Greater Noida, the residential property in Jaypee Greens Rs 35,000/sq-m to Rs 47,000/sq-m as well as the commercial property in the region of Alpha commercial belt have seen the most elevated increment. The rural area has seen a 10% hike on an average rate.

Shilpa, Noida

7th August 2015

A few people feel that in a few sectors in Greater Noida, the circle rates are higher than the current market prices. Particularly in Eta, Zeta, Sigma,Chi and Pi sectors, circle rates are higher than the predominant market rates. Mr SK Singh said that the department would take part in every one of these problems with the Gautam Budh Nagar district magistrate before 1st August.

Giri, Noida

31st July 2015

Comment

The new circle rates have conveyed a moan of relief to a lot of home buyers, especially those whose apartments fall inside of the 10km radius of the Okhla Bird Sanctuary. This move, not to raise the circle rates was welcomed by some residents, while in the meantime a few occupants have held up their protests against the 5% additional charge for every additional facilities.

Bobby, Noida

31st July 2015

Comment

As per latest news, As per assistant inspector general of UP stamps and registration department Mr SK Singh, The DM, on the other hand is hesitant to decrease the circle rates in the group housing category.the new circle rates have conveyed a moan of relief to a lot of homebuyers, especially those whose apartments fall inside of the 10km radius of the Okhla Bird Sanctuary.

Amitabh, Noida

31st July 2015

Comment

Hi Guys,
The Gautam Budh Nagar administration has gotten about two dozen objections against the most recent change in circle rates for buying & selling property, for the most part in the commercial as well as group housing categories. Kindly Discuss.

Chandra, Noida

31st July 2015

Comment

Up stamp & Registration department are going to meet with district magistrate to find out options for a revision in new circle rates, which will work out from 1st August. The accquisition in the group housing class is against 5% additional charge for every additional facility, for example, swimming pool, club, and so on, with a total top of 25%. Some have grumbled that the new circles rates are improbable.

Sekhar, Noida

31st July 2015

Hi Hemant,
As of now, the Noida-Greater Noida real estate sector is in slump and there are a huge number of individuals who couldn't purchase a house due to high costs. In this way, authorities have chosen not to increase circle rates in flats. To raise the spirits of small entrepreneurs, authorities have likewise not increased circle rates for industrial plots coming under 4,000 meters.

Yogita Bali, Noida

22nd July 2015

Comment

@ Hemant,
As per my knowledge, people have been struggling for the circle rates, as it would have put extra tension on them. Now they thank the UP government and Gautam Budh Nagar DM for considering their problem. It is an appreciated decision as the real estate sector is as of now staggering under a slump. It is expected that, this judgement will push flat sales in Noida & Greater Noida.

Veena K,

23rd July 2015

Hi Guys,
According to the latest news, prime sectors like 14, 14A, 15A,17, 30,35, 36,39, 51,50,52,40 are coming under category A. UP Stamp & Registration department has hiked the circle rate by 5.23%. However sectors 66,102,115,162,158, 132,141 are coming under E category & department did not hike anything for this category. Reason is to boost the population density.

Sujan Mitra,

24th July 2015

@ Hemant,
According to news, there has been 5.47% of hike in circle rate by stamp & registration department in sectors like 118, 63A, 117, 116, 113, 86, 102 & 112. These sectors are known as category D. A year ago, circle rates were hiked by the department. Authorities had increased property rates by up to 30%. Greater Noida authority declared 10.21% increment in allotment price over all types of land in ity.

Bulbul Verma,

25th July 2015

@ Hemant,
As per authority, there has been more demand for residential units in Noida. Nearly 2Lac units are available for registration. The department was unable to achieve the target because of delay in declaring the eco sensitive zone for bird sanctuary. Which was a major drawback in this case. The department suffered from a huge loss, around 300Cr.

Rituraj,

26th July 2015

Hey Guys,
As per news, N P Singh the DM of Gautam Budh Nagar, who has permitted this circle rates, after a proposition for the same was proposed by the stamps and registration department, declared the verdict to keep the circle rates of apartments in place has been decided keeping in mind the problems of property purchasers, influenced by the Okhla Bird Sanctuary.

Suneet Shetty, Noida

22nd July 2015

Comment

Hi Guys,
I came to know from news that, this year in Noida & Greater Noida, circle rates for flats will not increase. On Monday UP stamps and registration department declared the new circle rates for Noida and Greater Noida, keeping in mind about the slum in the real estate sector. From August 1 this new circle rate will work. Kindly discuss.

Hemant, Noida

22nd July 2015

Comment

Hi Hemant,
This judgement has come as an immense help for purchasers of different properties coming within the 10km sweep of the Okhla Bird Sanctuary. On the other hand, housing plots as well as group housing plots in Noida are going to be costlier by 5%. Property buyers as well as builders have respected the decision.

Tamal, Noida

22nd July 2015

yes every 2 or 3 yrs the circle rates get revised and accordingly applicable.

Jitendar, Gurgaon

24th May 2013

Comment

So government normally fix the percentage ?

Sameer Khan, Delhi-NCR

23rd May 2013

Comment

While you buy a property you have to give a certain percentage from the price of the property to Government.

Suneet Shetty, Noida

23rd May 2013

Comment

So how is it calculated?when do we have to give it and to whom?

Gaurav Malik, Noida

22nd May 2013

Comment

This is initiated by the government to have a transparency in the market in regards to transaction of land affair.

Tushar Surendren, Delhi

22nd May 2013

Comment

Ask a Question

Related Forum Discussions

Max Antara Noida what facilities provide?

REPLIES

Supertech North Eye is demanding more money by May 28th 2021. Request input from north eye allottees.

How good it is to invest in BPTP Capital City?

Which is the Best option for investment in Farmhouse in Noida?

REPLIES

Invested in retail space in Bayaweaver project. Highly recommend investors to grab this golden investment opportunity.

REPLIES

View more Discussions(+)

Follow A Topic

CommonFloor Property Search Mobile App now available on Android, iOS and Windows!