There is going to be a huge impact of land rates in Noida real estate.

Kashif Ahmed, Delhi-NCR

19th February 2015

Real estate News in Delhi

noida authority

circle rates

land development

delhi ncr real estate market

land price impact

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Replies (5)

Hi, Yes, Noida offers luxurious real estate projects and it assures high ROI in future.

himanshu,

3rd November 2015

Comment

Hi, Yes, there will be a huge impact as noida offers luxurious residential and commercial properties at reasonable rates. Check the details of unnati fortune group: http://www.unnatifortune.com/

Vaishali Negi,

22nd September 2015

Comment

It will be interesting to see how the announcement will impact the Noida's real estate sector. Noida is fast emerging as most attractive destination for investment in a real estate property. With several infrastructure developments including metro rail expansion, FNG corridor and Noida Expressway, Noida is fast becoming a hub of new real estate projects and more people are looking to buy residential flats and apartments looking at the future prospects. There are several residential projects being building up in Noida that offer great return on investment. One such project includes 'The Aranya' by Unnati Fortune Group, one of the leading real estate companies in Delhi NCR. The Aranya is based on Green Building Concept and offers its residents the life of utmost luxury and comfort. The project is situated in fully inhabited sector 119 of Noida with great connectivity to the Yamuna Expressway and FNG corridor. The project is 5 minutes' drive away from Noida City Centre Metro Station and p

Abhay Bhardwaj,

6th April 2015

Comment

Hi Kashif,
As per my knowledge, authorities have taken a good decision. We are sure this is a good way to enhance the value of these regions as a whole. With this, the authorities will have more funds which would help them spend more on improving basic infrastructure. However, this decision will increase the burden on home buyers, as they will now have to spend more money in the form of stamp duty charges.

Amit Raj, Delhi-NCR

19th February 2015

Comment

@ Mr KAshif,

In my point of view, increment in circle rate is an important decision by the authorities. Some people may view it in a negative way, but the decision comes with positives as well. Several infrastructure projects like Metro expansion and the completion of FNG Eway will make Noida, Greater Noida, and Yamuna Expressway world-class cities. These projects will enormously benefit the people who live in these areas or those trying to buy property here.

Farhan Iqbal, Delhi-NCR

19th February 2015

Hi Mr Kashif,

The Noida authority recently increased land allotment rates by 18.4%, one of the steepest jumps in recent times. While the revised rates are applicable in Noida with immediate effect, the new rate will come into force in Greater Noida from April 1. The decision has evoked a mixed bag of reactions with some saying that the move will consolidate the market, while others say that it might hit the market in a big way.

Huda Ali, Delhi-NCR

19th February 2015

Comment

@ Kashif Ahmed,

The decision to increase the circle rates will affect the overall realty market in Noida, Greater Noida, and Yamuna Expressway. Although, this will allow authorities to get more funds, which would be used for infrastructure development in these areas, eventually, it would burden developers as land would become costly and raise the prices of properties as a consequence.

Syed Pasha, Delhi-NCR

19th February 2015