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What are the current circle rates in Noida?

What are the current circle rates in Noida?

2 min read

The UP government notifies circle rates through the Registrar and Sub-Registrar’s offices in Noida. This is the minimum value required for property registration denoted by the state government. In Noida, the circle rates for apartments and flats range across 5 main rates in numerous sectors. These are Rs. 32,000, Rs. 35,000, Rs. 40,000, Rs. 50,000, and Rs. 55,000 per square metre.

The circle rates in Noida are especially crucial to those looking to mortgage or buy real estate. This is because financial institutions consider the latest circle rate of an area or property to sanction a property loan. For an idea of the rates across different sectors in Noida, take a look at the following tables.

Circle rates in Noida for flats and apartments

The circle rates for flats accessible by those categorised under the economically weaker section in Noida are Rs. 28,000 per sq. metre., and the circle rates for Shramik flats are Rs. 25,000 per sq. metre. Besides these, the circle rates for other flats and apartments are mentioned in the table below.

Noida regions

Circle rates per sq. metre (in Rs.)

Sector 14, Sector 14A, Sector 15A, Sector 17, Sector 25A, Sector 30,
Sector 32, Sector 35, Sector 36, Sector 38A, Sector 39, Sector 44,
Sector 50 – 52, Sector 92, Sector 93, Sector 93A, Sector 93B, Sector 96 – 98

55,000

Sector 15, Sector 19, Sector 20, Sector 21, Sector 23, Sector 25 – 29,
Sector 31, Sector 33, Sector 34, Sector 37, Sector 38, Sector 40, Sector 41,
Sector 45 – 49, Sector 53, Sector 55, Sector 56, Sector 61, Sector 62, Sector 82,
Sector 99, Sector 100, Sector 105, Sector 108, Sector 122, Sector 128 – 131,
Sector 134, Sector 135, Sector 137

50,000

Sector 11, Sector 12, Sector 16, Sector 16A, Sector 16B, Sector 11,
Sector 12, Sector 16, Sector 16A, Sector 16B, Sector 22, Sector 24,
Sector 42, Sector 43, Sector 70 – 79, Sector 104, 107, Sector 110,
Sector 115, Sector 117, Sector 118, Sector 119, Sector 120, Sector 121, Sector 130,
Sector 133, Sector 143, Sector 143B, Sector 144, Sector 150, Sector 151, Sector 168

40,000

Sector 63A, Sector 86, Sector 112, Sector 113, Sector 116

35,000

Sector 102, Sector 158, Sector 162

32,000

Circle rates for residential floors in Noida

The circle rates in Noida for residential floors are as follows:

Sectors

Circle rate upto 24 m road (per sq. m)

Circle rate on above 24m road (per sq. m)

Noida Phase 2, NEPZ, Sector 66, Sector 102, Sector 138,

Rs. 40,000 - Rs. 44,000

Rs. 46,000

Sector 139, Sector 140, Sector 140A, Sector 141, Sector 145 – 150, Sector 158, Sector 159, Sector 160 – 167

Sector 115

Rs. 44,000 - Rs. 48,000

Rs. 50,600

Sector 54, Sector 57 – 60, Sector 63, Sector 63A, Sector 64 – 69, Sector 80, Sector 81, Sector 83 – 91, Sector 95, Sector 101,

Rs. 44,000 - Rs. 48,400

Rs. 50,600

Sector 103, Sector 106, Sector 109, Sector 111 – 114, Sector 116 - 118

Sector 104

Rs. 44,000 - Rs. 57,750

Rs. 60,400

Sector 168

Rs. 52,500 - Rs. 57,750

Rs. 60,400

Sector 1 – 12, Sector 22, Sector 42, Sector 43, Sector 45,

Rs. 52,500 - Rs. 57,750

Rs. 60,400

Sector 70 – 79, Sector 107, Sector 110, Sector 119 – 121, Sector 123, Sector 125 – 137, Sector 142, Sector 143, Sector 143B, Sector 144, Sector 151 - 157

Sector 15, Sector 19, Sector 20, Sector 21, Sector 23 – 25,

Rs. 72,000 - Rs. 79,200

Rs. 82,800

Sector 25A, Sector 26 – 29, Sector 31 – 34, Sector 37, Sector 40, Sector 41, Sector 46 – 49, Sector 53, Sector 55, Sector 56, Sector 61, Sector 62, Sector 82, Sector 92, Sector 93,

Sector 93A, Sector 93B, Sector 96 – 100, Sector 105,

Sector 108, Sector 122

Sector 14, Sector 14A, Sector 15A, Sector 16, Sector 16A, Sector 16B, Sector 17, Sector 18, Sector 30, Sector 35,

Rs. 1,03,000 - Rs. 1,14,000

Rs. 1,19,000

Sector 36, Sector 38, Sector 38A, Sector 39, Sector 44,

Sector 50, Sector 51, Sector 52, Sector 94, Sector 124

Factors affecting circle rates in Noida

The factors which affect Noida circle rates are:

  • The market value of a sector or property
  • The amenities available in an area or property
  • Type of property - flat, apartment, plot, individual housing units, etc

The Uttar Pradesh government issues a higher circle rate for commercial units compared to residential units.

Details on luxury apartment

Those owning luxury apartments with amenities such as parking lot, lift, swimming pool, security guard, etc. need to pay an additional charge to evaluate individual circle rates. Charges for individual amenities are given below.

Amenities

Charge

Lift

3%

Security guard

3%

Community Centre or Club

3%

Swimming pool

3%

Gym

3%

Power backup

3%

Open parking

Rs. 1.5 lakh

Covered parking

Rs. 3 lakh

The maximum limit for extra charges is capped at 15%.

Other factors affecting circle rates

There are other factors which affect the circle rate for individual properties. These are:

  • Floor relief of 2% per floor for high rise buildings over 4 storeys (capped at 20%)
  • Age of property (for constructed units)
  • The rate for second-class RCC construction is Rs. 14,000 per sq. metre and the rate for first-class RCC construction is Rs. 15,000 per sq. metre

Value of construction = Rate of construction * age of construction * 0.9

Areas in Noida

Sector 1

Sector 85

Sector 2

Sector 86

Sector 3

Sector 87

Sector 4

Sector 88

Sector 5

Sector 89

Sector 6

Sector 90

Sector 7

Sector 91

Sector 8

Sector 92

Sector 9

Sector 93

Sector 10

Sector 93A

Sector 11

Sector 93B

Sector 12

Sector 94

Sector 13

Sector 95

Sector 14

Sector 96

Sector 14A

Sector 97

Sector 15

Sector 98

Sector 15A

Sector 99

Sector 16

Sector 100

Sector 16A

Sector 101

Sector 16B

Sector 102

Sector 17

Sector 103

Sector 18

Sector 104

Sector 19

Sector 105

Sector 20

Sector 106

Sector 21

Sector 107

Sector 22

Sector 108

Sector 23

Sector 109

Sector 24

Sector 110

Sector 25

Sector 111

Sector 25A

Sector 112

Sector 26

Sector 113

Sector 27

Sector 114

Sector 28

Sector 115

Sector 29

Sector 116

Sector 30

Sector 117

Sector 31

Sector 118

Sector 32

Sector 119

Sector 33

Sector 120

Sector 34

Sector 121

Sector 35

Sector 122

Sector 36

Sector 123

Sector 37

Sector 124

Sector 38

Sector 125

Sector 38A

Sector 126

Sector 39

Sector 127

Sector 40

Sector 128

Sector 41

Sector 129

Sector 42

Sector 130

Sector 43

Sector 131

Sector 44

Sector 132

Sector 45

Sector 133

Sector 46

Sector 134

Sector 47

Sector 135

Sector 48

Sector 136

Sector 49

Sector 137

Sector 50

Sector 138

Sector 51

Sector 139

Sector 52

Sector 140

Sector 53

Sector 140A

Sector 54

Sector 141

Sector 55

Sector 142

Sector 55

Sector 142

Sector 56

Sector 143

Sector 56

Sector 143

Sector 57

Sector 143B

Sector 58

Sector 144

Sector 59

Sector 145

Sector 60

Sector 146

Sector 61

Sector 147

Sector 62

Sector 148

Sector 63

Sector 149

Sector 64

Sector 150

Sector 65

Sector 151

Sector 66

Sector 152

Sector 67

Sector 153

Sector 68

Sector 154

Sector 69

Sector 155

Sector 70

Sector 156

Sector 71

Sector 157

Sector 72

Sector 158

Sector 73

Sector 159

Sector 74

Sector 160

Sector 75

Sector 161

Sector 76

Sector 162

Sector 77

Sector 163

Sector 78

Sector 164

Sector 79

Sector 165

Sector 80

Sector 166

Sector 81

Sector 167

Sector 82

Sector 168

Sector 83

Sector NEPZ

Sector 84

Sector Noida Phase 2

Payable transfer fees for transfer of property in Noida
Transfer fees are payable by the seller during purchase or sale of a property. Properties in Noida are on leasehold. The Noida authority leases plots for 90 years. When transferring or selling a property, the seller needs to acquire transfer permission or a memorandum from the authoritative body. Transfer fee varies from one locality to another.

Application for transfer permission
The seller should file an application to the Noida authority with the transfer application form. It is to be submitted on a stamp paper along with the transfer fees. An application grant is legitimate for 6 months.

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Frequently asked questions

Stamp duty rate for registering a property in Noida?

Stamp value is the higher amount of the circle rate for a particular region or housing unit or the transaction value of a property. Stamp duty is calculated as a percentage of the stamp value. It is a tax which the buyer of a property needs to pay to formalise the purchase with the Uttar Pradesh Government.

What are the current stamp duty rates in Noida?

The current stamp duty rate in Noida is 7% for all types of owners, be it a male, female, or joint owners.

What are the registration fees in Noida?

A homeowner needs to pay a registration fee to register his/ her property with the local municipal body. The registration fee in Noida is Rs. 10,000, excluding tax.

How to evaluate property value using circle rates for stamp duty payment in Noida?

Valuation of property using circle rates is carried out in the following steps:

  • Builder floors on independent plots:
    [Area of the plot (sq. metre) x applicable circle rate (per sq. metre)] + [built-up area x minimum cost of construction]
  • Residential apartments (Noida authority flats, Shramik flats, and EWS flats):
    Built-up area (sq. m) x applicable circle rate (per sq. m) x (1 + amenity charge) x (1 – floor relief)] + [Number of open parking lots x 150000] + [Number of closed parking lot x 300000]
  • Plot:
    Plot area (sq. m) x applicable circle rate (per sq. m)
  • Independent house:
    [Plot area x applicable circle rate (per sq. m)] + [Built-up area (sq. m) x Adjusted cost for age] Adjusted cost for age = Rate of construction (per sq. m) x 0.9 x age of construction
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