Greater Noida Circle Rates: House prices will skyrocket in Greater Noida, circle rates will increase by 70 percent in these areas from Chaitra Navratri
Greater Noida Circle Rates: Property registration is going to start in Noida and Greater Noida at the new circle rate from April. Next week, objections will be sought from people on the proposed circle rate list. Circle rates are proposed to increase from 10 to 70 percent in Noida-Greater Noida. The maximum increase in agricultural rates is possible by 70 percent. People will be given about 15 days to register their objections. New circle rates will be implemented after resolving the objections. According to the proposed list, residential property in Noida will increase by 10 to 25 percent. In these, circle rates will be increased by 10 to 15 percent in urban areas and 25 percent in rural areas. Apart from this, the rate of agricultural property will increase by up to 40 percent.
Approval to increase compensation rate
At the same time, the rates of agricultural land in Jewar area of Greater Noida will be increased by 70 percent. The CM has approved the increase in compensation rate for Jewar. About a week ago, it has also been approved by the cabinet. Now compensation will be given in Jewar at the rate of Rs 4300 per square meter. In view of which, it has been decided to increase the rate of agricultural land the most in this area. In view of this, it has been decided to increase the rate of agricultural land the most in this area. The proposed list has been prepared by the department.
Major change in circle rate in 2016
Objections will be sought from the people after a meeting with the DM. There was a big change in the circle rate in the district in 2016. After this, in October-November 2019, there was an increase in the circle rate in some categories. There was no change after this. In such a situation, the circle rate has not been increased in the district for about 5 and a half years. The Noida Authority had approved the increase in allotment rates by holding a meeting on July 12 last year. These new rates were implemented from August. In the meeting, the allotment rates of residential, industrial, group housing and institutional properties were increased by 6 percent.
Read more: https://zeenews.india.com/hindi/india/up-uttarakhand/gautambudh-nagar/greater-noida-land-may-expensive-after-circle-rate-hike-by-70-percent-from-april-chaitra-navratri-2025/2682493
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