Main
Circle rates for Noida flats kept unchanged
The decision has come as a huge relief for buyers of projects falling within the 10 km radius of the Okhla Bird Sanctuary.
The UP Stamps and Registration Department on Monday announced new circle rates for Noida and Greater Noida, keeping in view the slump in the real estate sector.
The new circles rates will come into effect from August 1.
NP Singh, DM, Gautam Budh Nagar, who has approved the circle rates, after a proposal for the same was tabled by the Stamps and Registration Department, said the decision to keep the circle rates of flats intact has been taken keeping in view the concerns of homebuyers, affected by the Okhla Bird Sanctuary row.
“There are thousands of people who could not buy flats because of high prices. So, we have decided not to hike circle rates in flats category. To encourage small entrepreneurs, we have also not hiked circle rates for industrial plots measuring less than 4,000 metres,” Singh said.
-
News4 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News4 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News2 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News3 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News4 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News3 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News2 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News3 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances