News
Circle rates in Noida, Gr Noida, Yamuna E-way to go up 5 pc


The district administration has decided to hike circle rates in Noida, Greater Noida and the Yamuna Expressway region by at least 5 per cent for the first time in four years.
Officials quoted in media reports said residents have a window of 15 days to register any objections. Post-that, the new rates will be notified.
At a meeting on August 2, administration officials decided to notify the new circle rates on August 19.
The Uttar Pradesh Government charges 7 per cent of the property value as stamp duty.
The circle rates in Noida, Greater Noida and parts of the district have largely remained unchanged since 2017 owing to the subdued marked condition.
“The administration has carried out an exhaustive survey before taking a call on the hike,” said Rakesh Kumar Srivastava, Deputy Inspector General of the Stamp and Registration Department. “In our survey, we have found that the land allotment rates of the three industrial development authorities — Noida, Greater Noida and Yamuna Expressway — are higher than the prevailing circle rates. Accordingly, the decision to hike the circle rates has been taken,” he added.
-
News4 weeks ago
Happiest Minds purchases 2.4 lakh sq ft office space in Bengaluru
-
New Launches4 weeks ago
L&T Realty signs up for three projects worth $ 1 bn in prime locations of MMR
-
News4 weeks ago
125 new project registration applications in UP RERA during the period of Jan-June’22
-
News4 weeks ago
Delhi RERA Chairman alerts realty sector on stronger scrutiny & punitive action on projects defying RERA registrations
-
Tech Take4 weeks ago
Benefits of remote monitoring using IoT
-
News4 weeks ago
Pacific D21 Mall set to spruce up fun in July
-
New Launches4 weeks ago
Strata launches Grade-A office asset in Pune
-
New Launches4 weeks ago
Pune Airport’s new Retail and Coworking Centre set to launch on October 15, 2022