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  • Circle Rates in Greater Noida

    Circle rates are an important part of the property valuation process. They determine how much stamp duty you will have to pay on your property. This not only helps you estimate how much of a home loan you may require, but also makes it easier to select properties based on your budget. Circle rates are pre-determined by the government based on various factors and are the minimum price designated per square feet of property (commercial or residential) at which all property transactions have to be registered. This can vary from locality to locality within Greater Noida itself.

    Current Circle rates in Greater Noida 2020

    These are the circle rates in Greater Noida, based on square metres, in 2020:

    Circle Rates of Residential Plots in Greater Noida in 2020:

    These are the circle rates for residential plots:

    Sector Zone Circle rate per sq metre
    Alpha 1, Alpha 2, Gamma 1, Gamma 2, Beta 1, Beta 2, Delta-1,2,3 and Swarn Nagri A Rs 32,000
    Omega 1, Omega 2, Omega 3, Chi 1-5, Phi Ext, P 1-8, Pi 1,2, Phi 1-4, Phi-Chi, Sector 36, Sector-37 B Rs 30,000
    Eta 1, Eta 2, Omicron- 1A, 2, 3, Xu-1, 2, 3, Zeta-1, 2, Mu-1,2, Sigma 1-4, Psi, Sector 2, 3 C Rs 26,000
    R4, R6, Sector 1, 4, 5, 6, 10, 11, 12, 16, 16B, 16C, 17, 17A, 17B, 20, 27, Techzone, W-5 D Rs 23,100

    Circle Rates for Residential Flats in Greater Noida in 2020:

    The circle rates for residential flats in Greater Noida in 2020 are given below:

    Sector Circle rate per sq metre
    Alpha-I, Alpha-II, Gamma 1, Gamma 2, Beta 1, Beta 2 Rs 28,000
    Omega 1, Omega 2, Omega 3, Chi 1, Chi 2, Chi 3, Chi 4, Chi 5, Delta 1, Delta 2, Delta 3, Pi 1, Pi 2, Pi 3, Pi 4, Pi 5, Pi 6, Pi 7, Pi 8, Phi 1, Phi 2, Phi 3, Phi 4, Phi Chi Rs 27,000
    Omicron 1, Omicron 1A, Omicron 2, Omicron 3, Zeta 1, Zeta 2, Xu 1, Xu 2, Xu 3, MU 1, MU 2, Sigma 1, Sigma 2, Sigma 3, Sigma 4 Rs 26,500
    Sector 1, 2, 3, 4, 5, 6, 10, 11, 12, 16, 16B, 16C, 17, 17A, 17B, 20 and 27; Techzone, Techzone 2, Techzone 5, Techzone 7 Rs 26,000

    Circle Rates of Industrial Plots in Greater Noida in 2020:

    Sector Zone Rate per sq metre (20,000-40,000 sq metres) Rate per sq metre (8,000-20,000 sq metres) Rate per sq metre (4,000-8,000 sq metres) Rate per sq metre (0-4,000 sq metres)
    Ecotech-1/Extension, Sector 31, Ecotech-3, 12 A Rs 15,000 Rs 16,000 Rs 18,000 Rs 20,000
    Ecotech- 2, 6 B Rs 11,250 Rs 12,000 Rs 13,500 Rs 15,000
    Ecotech 4, Mahila Udhyami Park, Toy City and Udyog Vihar, Sector 16 C Rs 9,750 Rs 10,400 Rs 11,700 Rs 13,000
    Ecotech 7,8, 10, 11, 15-23 D Rs 6,300 Rs 7,800 Rs 9,300 Rs 10,790

    Circle Rates of Commercial Plots in Greater Noida in 2020

    These are the circle rates for commercial plots in Greater Noida in 2020:

    Sector Zone Circle Rate per sq metre
    Alpha 1, Alpha 2, Gamma 1, Gamma 2, Beta 1, Beta 2, Delta-1,2,3 and Swarn Nagri A Rs 46, 190
    Omega 1, Omega 2, Omega 3, Chi 1-5, Phi Ext, P 1-8, Pi 1,2, Phi 1-4, Phi-Chi, Sector 36, Sector-37 B Rs 44,250
    Eta 1, Eta 2, Omicron- 1A, 2, 3, Xu-1, 2, 3, Zeta-1, 2, Mu-1,2, Sigma 1-4, Psi, Ecotech-1, 2, 11, 12, Techzone-4 C Rs 44,250
    R4, R6, Sector 1, 4, 5, 6, 10, 11, 12, 16, 16B, 16C, 17, 17A, 17B, 20, 27, Techzone, W-5 D Rs 44,250

    How to Calculate Property Value in Greater Noida Using Circle Rate for Stamp Duty Payment?

    You can calculate how much stamp duty you will have to pay based on your property value using the circle rate. For this, follow the steps given below:

    Steps for calculating the property value:

    1. Calculate the age of the property, built-up area, plot area, floor, amenities, etc.
    2. Select what type of property it is (residential/commercial/house/apartment/builder floor/residential plot, etc.)
    3. Select the locality
    4. Calculate the minimum assessed value as per the circle rates given above

    Formula for calculating Property Value:

    The formula for calculating the property value is as given below:

    Property value = Built-up area (in square metres) x circle rate for the locality (In Rs./square metres)

    What Does Circle Rate in Greater Noida Depend Upon?

    The circle rate in Greater Noida depends on a variety of factors such as those given below:

    • Whether it is a commercial or residential property
    • Whether it is a luxury apartment and the amenities it has
    • The different areas in Greater Noida
    • Whether it is a plot or independent house
      

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