New circle rate of Noida 2022, All you need to know

In India, every state denotes the circle rates or it requires the minimum value of that area to calculate the stamp duty charge on the sale, transfer, and purchase of a property. Therefore, the rates depend on locality and are calculated on different parameters. The Uttar Pradesh (UP) government sets a minimum registration charge for residential properties. But, that must be registered in Noida and Greater Noida, this minimum value is also known as the circle rate in Noida. But, below the circle rate, property buyers are not able to register a purchased property in Noida. 

Recently, Noida’s new circle rates for 2022 are reviewed by the financial institutions to issue loans for properties therefore Circle rate is also called the ready reckoner rate or guidance value in Noida. Thus, the UP government slashed the circle rate for commercial properties in the recent development of regions by 21%. Further, details are mentioned by

Circle rate in Noida 2022, sector-wise for flats and apartments (sector-wise):

The circle rate for flats available by those categorized under the economically weaker section(EWS) in Noida is ₹ 28,000 per square meter while the circle rate for Shramik Flats in Noida is ₹ 25,000 per square meter. Besides these, the circle rate of remaining flats and apartments are given in the table:

SectorCircle rate for 12m road (Sq Ft/Mtr) Circle rate for 12m-18m road (Sq Ft/Mtr)Circle rate for 18m-24m road (Sq Ft/Mtr)Circle rate for above 24m road(Sq Ft/Mtr)
Sector 66, 102, 138, 139, 140, 140A, 141, 145 – 150, 158-167, NEPZ, Noida Phase 2INR 40,000INR 42,000INR 44,000INR 46,000
Sector 115INR 44,000INR 42,000INR 44,000INR 50,600
Sector 54, 57- 60, 63, 63A, 64, 65, 67-69, 80, 81, 83-91, 95, 101, 103, 106, 109, 111, 112, 113, 114, 116, 117, 118 INR 44,000INR 46,200INR 48, 400INR 50, 600
Sector 104INR 44,000INR 55,150INR 57,750INR 60,400
Sector 168INR 52,500INR 52,500INR 57,750INR 60,400
Sector 1-12, 22, 42, 43, 45, 70-79, 107, 110, 119-121, 123, 125-137, 142, 143, 143B, 144, 151-157INR 52,500INR 55,150INR 57,750INR 60,400
Sector 15, 19, 20, 21, 23-25, 25A, 26-29, 31-34, 37, 40, 41, 46-49, 53, 55, 56, 61, 62, 82, 92, 93, 93A, 93B, 96-100, 105, 108, 122INR 72,000INR 75,600INR 79,200INR 82,800
Sector 14, 14A, 15A, 16, 16A, 16B, 17, 18, 30, 35, 36, 38, 38A, 39, 44, 50, 51, 52, 94, 124INR 1,03,000INR 1,09,000INR 1,14,000INR 1,19,000

Parameters Affecting Circle Rates in Noida:

Accordingly, list of Circle rates are regulated by many factors, there are some parameters which affect the circle rates in Noida are listed below;

  1. Amenities And Market Values – 

Amenities and Market Values play an important role in the circle rate of the particular area and the Stamps and Registration Department, Uttar Pradesh fixes circle rates in Noida after considering the market value and the amenities available in that area. Therefore, there are also luxury apartments in Noida with superior amenities. For Example – covered parking would attract a higher circle rate. So, in Noida, the Department charges Rs 1.5 lakh for open parking and Rs 3 lakh for covered parking. In fact, for societies that have better amenities than others, the circle rates are high for those group housing societies. 

Here, the UP government in Noida has charged additional costs on common facilities provided in the group housing societies as mentioned below – 

Common FacilitiesAdditional cost involved
Closed car parkingINR 3 lakhs
Open car parkingINR 1.5 lakhs
Community center2% of circle rate in that area
Gym2% of circle rate in that area
Swimming pool 2% of circle rate in that are
  1. Types of Property – 

Here, circle rates are defined on the basis of types of properties. It varies for flats, independent houses, apartments, and as well as plots in the same sector. The government charges higher rates for commercial properties as compared to residential properties. In fact, in the case of buildings with four floors and above which are capped at 20% of the minimum value, the Government provided relief of 2% per floor for high-rise apartments.

Importance of circle rate in Noida:

  • Property Registration: If the buyers know the circle rate of their desired property then they can easily go through a convenient registration process by paying the fixed stamp duty and registration charges. Thus, Buyers can register it only in Noida properties.   
  • Property Valuation: Buyers can easily assess the minimum value of their desired property with the help of circle rates in Noida. Meanwhile, all they need to do is visit the stamps and registration charges portal of the UP state Government. Later, search their selected locality in the circle rate list in Noida.
  • No False Transactions: There are also lower chances of false transactions when it comes to buying a property in Noida because circle rates in Noida are fixed values of properties evaluated and disclosed by the state government. 
  • Revenue Generation: At last, the state government in Noida calculates the circle rates and approves the total percentage of stamp duty charges on the basis of property locations. For Example – rural areas, urban areas, and posh areas. So, the circle rate in Noida helps the state government generate revenue by collecting Stamp duty and registration charges at the time of property registration. 

How to Check the latest Circle Rates in Noida Online:

The following steps help you to check circle rates in Noida for a property in your preferred locality

Step 1: Firstly, log in to the Stamps and Registration Department and then the UP website to check circle rates in Noida in just a few clicks.

Stamps & Registration Department, UP Website Homepage

Step 2: Secondly, click on the enter button and you will be redirected to the below-shown page simultaneously.

Stamps & Registration Department, UP Website Homepage

Step 3: Later, provide all the evaluation list details such as District and Sub-Registrar Office details, and get the current circle rate in Noida.

Evaluation List Details

Step 4: At the end of the online process, click on View details and you can get the list of circle rates for the District you have selected.

Circle Rates in Noida