UP Stamp and Registry Department to Increase Circle Rates posted on 6/28/2014
June 28, 2014: Owing to the rise in allotment rates in Noida, Greater Noida and Yamuna, the Uttar Pradesh Stamp and Registry Department is going to increase the circle rates in Gautam Buddha Nagar district. The minimum rate at which the stamp duty is charged regarding a property transaction is known as the circle rate. These rates are poised to be increased from 1st August, 2014.
Circle rates were increased last year as well. The rates were increased by almost 35% last year, this year; the rates are expected to increase by 15-20%. Additional District Manager of Gautam Buddha Nagar, Achey Lal Singh Yadav mentioned that the circle rates proposal will be discussed, suggestions will be incorporated and then a final approval will be taken.