Circle Rate in Noida

The Uttar Pradesh Government notifies the minimum value of a property, known as circle rates, through the registrar or sub-registrar office in Noida. It is important to stay up to date with the sector-wise circle rates to make informed property-related decisions in the city.

The Noida circle rate differs from one location to another. Here is the table containing the details about the sector-wise circle rates in the region:

You can keep track of the sector-wise circle rates in Noida by following the steps below:

1. Browse the official website of the Stamp and Registration Department, UP, at https://igrsup.gov.in/igrsup/defaultAction.action

2. Enter basic evaluation details, such as the name of the district and sub-registrar office details

3. The circle rates will be displayed on the screen

You can also check the entire circle rate list by following the below given steps:

1. Visit https://gbnagar.nic.in/document-category/rate-list/

2. Click on ‘Circle Rate List of SRO Noida 2019’

3. The circle rates will be displayed on the screen in a PDF format

You can either download it or view it on the screen. As of April 2025, the 2019 circle rates are being used. New circle rates for 2025 have been proposed. You can check the website regularly for any new circulars released to stay updated on the latest circle rates.

Multiple factors influence the circle rates in Noida. These include:

Property Type

The circle rates in Noida differ for apartments, flats, plots, etc. The circle rate of commercial property in Noida is higher compared to residential projects. The size, infrastructure, and amenities of the property also play a crucial role in determining the circle rates in the region.

Property Location

The location of the property is another essential factor that impacts the circle rate. Properties situated in upscale localities generally have a higher circle rate. Conversely, properties in areas with basic amenities tend to have lower rates. In upscale areas such as Sector-15, Noida, the circle rates are higher compared to more budget-friendly regions like Sector-102, Noida.

Market Value

One of the most significant factors affecting the sector-wise circle rate in Noida is the market value of any property. Local authorities usually revise circle rates to maintain a balance between circle rates and market rates.

Here are some reasons why circle rates are essential in Noida:

• Circle rates help in the fair evaluation of a property during transactions

• Governments use circle rates to calculate stamp duty and registration charges

• Circle rates impact property tax and capital gains tax calculations by determining a property's fair market value

• Undervaluation of properties and tax evasion can be prevented

• Fixed circle rates reduce the likelihood of fraudulent property transactions, ensuring transparency in property deals

When purchasing real estate in Noida, there are several key factors to consider to ensure a smart investment. Here are some important things to keep in mind:

Location Matters

The location of the property plays a significant role in its value. Properties in well-established or upscale areas generally appreciate faster. Consider proximity to essential services like schools, hospitals, transport links, and commercial hubs.

Check Circle Rates

Always verify the circle rates in the area. The circle rate will give you an idea of the minimum value for property transactions. Ensuring that the transaction price aligns with these rates helps you avoid any future legal issues or tax discrepancies.

Property Type

Whether you are buying a flat, an apartment, or a commercial space, the type of property will affect its price. Residential properties typically have lower circle rates compared to commercial properties. Make sure you understand the rates specific to your property type.

Builder's Reputation

Check the builder’s reputation before making any purchase. Look for customer reviews, previous projects, and delivery timelines. This will help you avoid future problems like delays or legal disputes.

Legal Documentation

Ensure that the property has clear legal titles. All documentation should be in place, such as the builder’s approval, NOC from the housing society (if applicable), and land titles. This will prevent issues regarding ownership or legal claims in the future.

Market Trends

Stay informed about the real estate market trends in Noida. Research how property values have been trending over the past few years. This will give you a better understanding of the potential appreciation or depreciation in the future.

Stamp Duty and Registration Charges

Don’t forget to account for stamp duty and registration charges when budgeting for your property purchase. These charges can add a significant amount to your final cost, so it’s important to plan ahead.

Calculating the property value using circle rates is simple once you understand the steps. Let’s walk through an example to clarify the process.

Example:

Let’s say you're considering purchasing a residential plot in Sector-15, Noida, and the circle rate for residential properties in this sector is ₹5,000 per square metre. You plan to buy a plot that measures 120 square metres.

Step 1: Identify the Circle Rate

From the official source, you find out that the circle rate for Sector-15, Noida, is ₹5,000 per square metre.

Step 2: Measure the Area of the Property

The property you’re interested in measures 120 square metres.

Step 3: Calculate the Property Value

Now, multiply the area of the property by the circle rate to calculate the property value:

• Property Value = Area x Circle Rate

• Property Value = 120 square metres x ₹5,000

• Property Value = ₹6,00,000

So, the calculated value of the property based on the circle rate would be ₹6,00,000.

Adjust for Additional Features

If the property has special features such as a corner location, superior amenities, or a larger-than-average size, these can influence the final market value. For example, if the plot has an additional premium of ₹500 per square metre for its location, the new calculation would be:

• New Circle Rate = ₹5,000 + ₹500 = ₹5,500

• New Property Value = 120 square metres x ₹5,500

• New Property Value = ₹6,60,000

Thus, the adjusted property value would be ₹6,60,000.

Note: This calculation is only for illustrative purposes. When calculating the actual property value, always refer to the official circle rates for the specific sector and property type.

If you're purchasing property in Noida, it's essential to keep track of the current circle rates as they directly affect your transaction costs. A higher circle rate will increase stamp duty and registration charges, which can impact your budget. 

While selling a property below market value is possible, be aware of the tax implications. It’s important to consult experts to ensure your decisions are legally sound and financially beneficial.