NOIDA: The cost of registering commercial and institutional properties — shops and office spaces, for instance — in Noida and Greater Noida will decrease by up to 50%.
The existing circle rates remain in force,” he said.
Circle rates have not been reduced per se.
The administration has invited feedback from stakeholders for 10 days after it will send its report to the government.
The revised rates will be implemented from August 1.Circle rate is the minimum value at which sale or transfer of property takes place.
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