What are the current circle rates in Greater Noida?
When computing the value of a property during a sale, purchase, or transfer, the circle rate is a crucial part of the process. In Greater Noida, the circle rates vary for several regions and sectors. They range between 4 main rates per sq.km., which are Rs. 26,000, Rs. 26,500, Rs. 27,000 and Rs. 28,000.
For a sector-wise breakup of the circle rates in Greater Noida, look at the following table.
Circle rates in Greater Noida
Greater Noida circle rate list for 2019 is given below.
| Greater Noida Sectors/ Areas | Circle rates per sq. km. (in Rs.) |
Alpha-I, Alpha-II, Gamma 1, Gamma 2, Beta 1, Beta 2 |
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 |
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 |
26,500 |
Sector 1, 2, 3, 4, 5, 6, 10, 11, 12, 16, 16B, 16C, 17, 17A, 17B, 20, 27, Techzone, Techzone 2, Techzone 5, Techzone 7 |
26,000 |
What is circle rate?
A circle rate is the minimum property value for a particular region. The Uttar Pradesh state government assigns circle rates in Greater Noida through the Registrar and Sub-Registrar’s office. Financial institutions make use of the circle rate to determine the property value when advancing mortgage loans.
What does the circle rate in Greater Noida depend upon?
Governmental authorities take into account several factors to determine circle rates in Greater Noida. These are:
- The market value of individual sectors
- Amenities available in different regions
Circle rates for individual residential units in the same sector can also vary due to the difference in amenities and property type. Luxury apartment owners need to pay an additional amount to reckon their circle rates. When candidates apply for a property loan, these factors are taken into consideration to decide the loan quantum.
Current stamp duty in Greater Noida
Stamp duty is a form of tax which the buyer pays when purchasing a property. It acts as evidence of the sale of property and transfer of ownership. Stamp value is calculated using circle rates. Concerned authorities consider stamp value as the higher amount of the circle rate and transaction value of a property.
Stamp duty charges in Greater Noida
The following table demonstrates the stamp duty charges currently prevalent in Greater Noida.
Owner type |
Stamp duty rates (in %) |
Joint |
7 |
Male |
7 |
Female |
7 (Discount up to Rs. 10,000) |
Registry charges in Greater Noida
The registration charge is a certain percentage of the property value. It is levied during the registration of a residential property with the local municipality. The registration fee in Greater Noida is 1% of the registered property value.
Process to calculate property value using circle rates for stamp duty payment in Greater Noida
The process to calculate property value using circle rates in Greater Noida is discussed below:
- Check the built-up area of the property
- Consider the higher amount between the circle rate of the property or the area and the transaction value of the property
Property value = Built-up area x circle rate
Areas in Greater Noida
Sector 1 |
Omicron 1 |
Delta 1 |
Sector 2 |
Omicron 1A |
Delta 2 |
Sector 3 |
Omicron 2 |
Delta 3 |
Sector 4 |
Omicron 3 |
Pi 1 |
Sector 5 |
Zeta 1 |
Pi 2 |
Sector 6 |
Zeta 2 |
Pi 3 |
Sector 10 |
Xu 1 |
Pi 4 |
Sector 11 |
Xu 2 |
Pi 5 |
Sector 12 |
Xu 3 |
Pi 6 |
Sector 16 |
MU 1 |
Pi 7 |
Sector 16B |
MU 2 |
Pi 8 |
Sector 16C |
Sigma 1 |
Phi 1 |
Sector 17 |
Sigma 2 |
Phi 2 |
Sector 17A |
Sigma 3 |
Phi 3 |
Sector 20 |
Omega 1 |
Phi Chi |
Sector 27 |
Omega 2 |
Alpha-I |
Techzone |
Omega 3 |
Alpha-II |
Techzone 2 |
Chi 1 |
Gamma 1 |
Techzone 5 |
Chi 2 |
Gamma 2 |
Techzone 7 |
Chi 3 |
Beta 1 |
Lakhnawali |
Chi 4 |
Beta 2 |
LAMBDA II |
Pari Chowk |
Zeta I |
Delta I |
Dadha |
Zeta II |
Delta II |
Dadri |
Dhoom Manikpur |
Dankaur |
