We are SMFG India Home Finance Co. Ltd.

Understanding circle rates is important for both buyers and sellers. If you are a buyer, knowing the circle rates helps you understand the fair market value of your property, while if you are a seller, it helps you price your property fairly and in compliance with government regulations.
In this blog, we will provide a complete guide on circle rates in Noida. We'll cover what circle rates are, the factors that influence them, and how to calculate them for various types of properties.
Circle rates, also known as the guidance value, are the minimum value set by the state government for the sale or transfer of a property. They serve as a reference point for calculating property taxes, stamp duty, and registration charges. As a buyer, you can use them to understand the fair market value of the property you are interested in. Circle rates are also helpful if you want to avoid being misled by artificially low prices.
In a nutshell, circle rates help maintain transparency and fairness in real estate transactions by providing a standard value for properties in a given area.
| Area | Noida Circle Rate for 12 Meter Road | Noida Circle Rate for 12 Meter-18 Meter Road | Noida Circle Rate for 18 Meter-24 Meter Road | Noida Circle Rate for Above 24 Meter Road |
|---|---|---|---|---|
| Sector 1-12, 22, 42, 43, 45, 70-79, 107, 110, 119-121, 123, 125-137, 142, 143, 143B, 144, 151-157 | INR 52,500 | INR 55,150 | INR 57,750 | INR 60,400 |
| Sector 14, 14A, 15A, 16, 16A, 16B, 17, 18, 30, 35, 36, 38, 38A, 39, 44, 50, 51, 52, 94, 124 | INR 1,03,000 | INR 1,09,000 | INR 1,14,000 | INR 1,19,000 |
| Sector 15, 19, 20, 21, 23-25, 25A, 26-29, 31-34, 37, 40, 41, 46-49, 53, 55, 56, 61, 62, 82, 92, 93, 93A, 93B, 96-100, 105, 108, 122 | INR 72,000 | INR 75,600 | INR 79,200 | INR 82,800 |
| Sector 54, 57- 60, 63, 63A, 64, 65, 67-69, 80, 81, 83-91, 95, 101, 103, 106, 109, 111-114, 116-118 | INR 44,000 | INR 46,200 | INR 48,400 | INR 50,600 |
| Sector 66, 102, 138, 139, 140, 140A, 141, 145 – 150, 158-167, NEPZ, Noida Phase 2 | INR 40,000 | INR 42,000 | INR 44,000 | INR 46,000 |
| Sector 104 | INR 44,000 | INR 55,150 | INR 57,750 | INR 60,400 |
| Sector 115 | INR 44,000 | INR 42,000 | INR 44,000 | INR 50,600 |
| Sector 168 | INR 52,500 | INR 52,500 | INR 57,750 | INR 60,400 |
The above circle rates are indicative. For up-to-date information on the circle rates in Noida, visit the official website of the Stamps and Registration Department of Uttar Pradesh.
Circle rates in Noida, like many other Indian cities, are determined by the local government authorities. The circle rates are typically based on factors such as the location of the property, the type of property (residential, commercial, agricultural), the amenities and infrastructure, and changing market conditions. The local authorities periodically review and update these rates to reflect changes in market conditions and property values.
The circle rates change from time to time, depending on factors like location, property type, amenities, and market demand.
Properties in prime or central areas generally have a higher circle rate than those in less developed areas.
The type of property affects the circle rate in Noida based on their usage and market demand. For example, the circle rate of a commercial property in Noida might be different than that for a residential property.
The availability of infrastructure such as roads, public transportation, schools, and hospitals in the locality can influence circle rates. Properties located in areas with better infrastructure and facilities typically have higher circle rates.
Circle rates often reflect the current market demand for properties in a particular area. High-demand areas tend to have higher rates, while properties in areas with lower demand may have lower circle rates.
Calculating the circle rate in Noida for different types of property involves specific methods for each category.
For reliable values for ‘cost per square metre’, it is recommended to consult the official website of the Stamps and Registration Department of Uttar Pradesh or a reputable real estate agent.
Circle rates and stamp duty are closely related in real estate transactions. Stamp duty, which is a tax imposed on property transactions, is typically calculated based on the higher value between the property’s transaction value and its circle rate. In simple terms, if your property's selling price is lower than the circle rate, you'll end up paying stamp duty based on that circle rate, as it prevents underreporting and tax evasion.
The calculation of stamp duty rates varies depending on the location and is often fixed as a percentage of the property’s value, or circle rates.
Make sure you have the most up-to-date information on circle rates from local authorities in Noida or government sources.
Remember that circle rates vary depending on whether the property is residential, commercial, or industrial.
Circle rates are different from one location to another. Noida is divided into different sectors, and each sector might have a different circle rate.
Stay informed by regularly checking for updates from the Noida authority regarding circle rates and other important real estate matters.
Circle rates are important because they serve as a benchmark for property transactions. By knowing how to check and calculate circle rates, you can ensure fair transactions.
If you are planning to buy real estate, it's wise to explore financial solutions that match your objectives. SMFG Grihashakti provides home loans up to 90% of the property’s value at affordable interest rates and flexible tenures of up to 30 years*. We make every step easy from eligibility verification to EMI calculation. Apply online for a home loan or contact us to know more.
Circle rates are minimum property values set by the government to ensure fair pricing and prevent tax evasion. Taxes and fees are calculated based on either the transaction value or the circle rate, whichever is higher.
Circle rates in Noida are revised periodically or as per the discretion of the local authorities to reflect changes in market conditions and property values.
Yes, circle rates can be challenged or appealed by property owners if they believe the rates are unjust or inaccurate. This typically involves submitting an appeal to the relevant government authority.
Circle rates impact home buyers and sellers by serving as a reference point for calculating property taxes, stamp duty, and registration charges.
Yes, specific types of properties in India are exempt from circle rates or may qualify for discounts. The availability and extent of these exemptions or benefits can differ depending on the jurisdiction and area. Some common examples are agricultural land, charitable or religious institutions, and affordable housing.