Lifestyle

Circle rates in Ghaziabad

[ecis2016.org] Circle rates are the minimum rates below which property transactions cannot be registered. Here is a look at the circle rates in Ghaziabad

Circle rates in Ghaziabad are the rate below which a property cannot be registered. During the process of fixing the circle rates in Ghaziabad, the administration oversees various parameters, like the location of the property, type of property, the market value of the property, etc. Stamp duty on property is Ghaziabad is calculated based on the circle rate in the area in which you are buying the property.

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[ecis2016.org] All you need to know about circle rate

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Circle rates

Circle rates in Ghaziabad for residential plots 

Area name Circle rate in Rs per sq m (Up to 9m-wide road) Circle rate in Rs per sq m (9m to 18m-wide road) Circle rate in Rs per sq m (Over 18m-wide road)
Vasundhara 56,000 58,800 61,600
Kaushambi  72,000 75,600 79,200
Indirapuram  66,000 69,300 72,600
Surya Nagar  67,000 70,400 73,700
Chandra Nagar 67,000 70,400 73,700
Ramprastha 67,000 70,400 73,700
Vaishali  67,000 70,400 73,700
Panchavati Colony 34,000 40,000
Satyam Enclave  37,000 38,000
Kavi Nagar – Block A 46,000 48,000 50,000
Kavi Nagar – Block B,K 47,000 49,000 50,000
Kavi Nagar – Block C,D,L 48,000 50,000 51,000
Kavi Nagar- Block E 44,000 48,000 50,000
Kavi Nagar- Block F,G,H,J 47,000 50,000  52,000
Kavi Nagar- Block I 48,000 50,000 52,000
Kavi Nagar- Block M 49,000 50,000 52,000
Surya Enclave  29,000 30,000 31,000
Ansal API 26,000 28,000 29,000
Nehru Nagar 2- Block A, B 43,000 45,000 48,000
Nehru Nagar 2 – Block C, F 43,000 47,000 50,000
Nehru Nagar 2 – Block D, 39,000 41,000 43,000
Nehru Nagar 2 – Block E 42,000 46,000 48,000
Nehru Nagar 2 – Block G 38,000 40,000 42,000
Nehru Nagar 3 – Block A 41,000 44,000 46,000
Nehru Nagar 3 – Block B, E 42,000 45,000 47,000
Nehru Nagar 3 – Block C 44,000 45,000 48,000
Nehru Nagar 3 – Block D, G, H, J 42,000 44,000 46,000
Nehru Nagar 3 – Block F, L 43,000 45,000 47,000
Nehru Nagar 3 – Block K 39,000 41,000 43,000
Nehru Nagar 3 – Block M, N 46,000 47,000 50,000
NH24 14,000 14,200 14,500
Wave City 14,000 14,200 14,500
Girdhar Enclave 38,000 39,000
Sahibabad – Between Link Road and Railway Line 29,000 31,000 34,000
Sahibabad – Area Before Link Road 42,000 43,000 46,000
Sahibabad – Area Between GT Road and Railway Line 33,000 35,000 38,000
Sahibabad – Shyam Park Main 31,000 34,000 36,000
Sahibabad – Om Nagar 32,000 33,000 4,000
Aditya High Street  15,000 15,500 16,000

Circle rates in Ghaziabad for flats and floors

Area name  Circle rate (in Rs per sq yard)
Vasundhara  47,000
Kaushambi  57,000
Indirapuram  52,000
Surya Nagar  52,000
Chandra Nagar  52,000
Ramprastha  52,000
Vaishali  52,000
Satyam Enclave  32,000
Kavi Nagar  37,000
Nehru Nagar 2 35,000
Nehru Nagar 3 35,000
NH24 24,000
Wave city  25,000
Girdhar Enclave  32,000
Sahibabad  32,000

Check out property prices in Ghaziabad

Circle rates in Ghaziabad

Stamp duty calculation based on circle rate

Remember that builders commonly sell properties in terms of sq ft. Suppose that you buy a house in Ghaziabad with a carpet area of 1,500 sq ft, which is equal to around 166 sq yards. Now, suppose you have bought the property in Vasundhara, an area where the circle rate currently is Rs 47,000. After multiplying the carpet area with the per sq yard circle rate, you will arrive at the minimum value of the property and the stamp duty will be a percentage of this value.

Read also : Security Deposit! How Landlords Can Deal With This Aspect of Lease Agreement

166 x 47,000 = Rs 78.02 lakhs

Hence, the stamp duty will be a percentage of Rs 78.02 lakhs.

Check out properties for sale in Ghaziabad

FAQs 

What is the circle rate?

Circle rate is a rate fixed by the government below which a property cannot be registered.

What is stamp duty?

Stamp duty is the amount paid by the buyers to the authorities to get a property transferred in their names. The rates of stamp duty are different in each state.

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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