Circle rate in Noida may rise by up to 30%: Time to hurry for registration as cost of buying a house can rise by up to this much

Noida property: If the Noida authority increases the circle rate by 30% then it could mean up to 3% increase in cost of acquisition of a property in Noida. Rahul Arora of Trilegal says, "An increase in the circle rates for residential properties will directly raise acquisition costs for buyers. The upfront cost of the property shall see a direct impact as well as the other charges payment (stamp duty and registration fee) would be increased proportionally."