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Proposed circle rate hike to make property costlier in Noida, Jewar

Experts believe potential rise may enhance investor confidence in long run

real estate
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According to Anarock Research, the average residential prices in Noida have seen a 92 per cent jump from Rs 4,795 per square foot to nearly Rs 9,200 per square foot between end-2019 and the first quarter (Q1) of 2025.

Sanket Koul New Delhi

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The proposed increase in circle rates ranging between 20 per cent and 70 per cent across Noida, Greater Noida and Jewar will lead to property prices rising in these areas, as stamp duty charges levied on the sales and registration fees would go up for home buyers.
 
According to a draft notification issued by the Gautam Budh Nagar district administration on March 25, the state government is expected to increase circle rates in the Gautam Budh Nagar district by 20 per cent to 70 per cent. While residential circle rates in Noida and Greater Noida may rise by up to