|
|||||||||||||
|
||||||||||||||
|
Circle Rates May Go Up In Noida, Gt Noida , To Push Up Cost Of Construction By ugesh sarkar, Section Noida Real Estate
The circle rates in Gautam Budh Nagar district are expected to go up by 11 to 20 per cent, which will in turn push up the cost of constructing houses in Noida and Greater Noida. Besides, the location of the land will also have a bearing on the proposed increase in the circle rates.
The process in this regard has already been set in motion, sources say. According to S.N. Rai, assistant commissioner (stamps), a meeting at the administration level has already been held to determine the quantum of increase in circle rates. Besides, data is being collected and collated for tehsil-wise increase in circle rates. This time the location of the land will have a bearing on the extent of increase in the circle rates. The prime location land will command a higher circle rate than the land located in the interiors. Similarly, difference in the circle rates of posh sectors and normal sectors will also be maintained this time, the sources said. While in Sadar and Dadri tehsils areas, circle rates are expected to be hiked significantly, but in Javer tehsil also some increase will be affected. A committee under the chairmanship of additional DM (finance) Shiv Kant Diwedi has been set up for determining the quantum of increase in circle rates. The AIG (stamps) and SDMs of all the three tehsils will also be members of the committee. Source: The Tribune Circle Rates May Go Up In Noida, Gt Noida , To Push Up Cost Of Construction
|
