A proposal for hike in circle rates has been put forward by authorities earlier this month for Yamuna expressway, along with Noida and Greater Noida. From residential perspective, the notification proposed – 1) Upgradation of some sectors to higher circle rate bracket (category) and 2) Change in circle rates for sectors falling on metro route/upcoming premium facilities. The proposed hike in circle rates in Yamuna expressway is based on proximity to highways or proposed metro route.
Following sectors in Yamuna expressway have an increased circle rate due to proximity to proposed metro route or to new and upcoming facilities or major highways:
Please note that the above circle rates are for allotment of land for residential purposes e.g. plotted residential development. However, group housing development will have a different set of circle rates applicable to them. They would however too see a proportionate impact due to the above hike in circle rates in coming time.
The above proposal from administration was open for feedback from residents till August mid and some responses have already been received. The final outcome of Proposed hike in circle rates in Yamuna expressway is still awaited. The outcome is expected to be known in next 2 weeks by September mid.
Last updated: August 31, 2021 at 17:51 pm