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Circle rates furher hiked in Noida

Comments(4) Sub Category:Delhi-NCR,Realty News Posted On: Aug 24, 2012

After circle rates were increased in Noida by 10 to 20 per cent, the administration has announced another rate revision of 10- 25 per cent.

Circle rate is the minimum rate at which a property can be bought or sold, which is being decided by the government authorities. The authorities maintained that the hike was necessary to bring circle rates on a par with prevailing land and property rates in the city.

Earlier, a land rate hike of 7.5-15 per cent was announced by the Noida, Greater Noida and Yamuna Expressway authorities.

After the recent hike, the stamp duty and registration cost for residential plots in ‘category A’ sectors will be around Rs 70,000 per square metre.

To read more real estate news:

Property defaulters are to face brunt in South Delhi

 

4 Responses to “Circle rates furher hiked in Noida”

  1. [...] Circle rates furher hiked in Noida [...]

  2. [...] Circle rates furher hiked in Noida [...]

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