Ghaziabad townships near RapidX route see housing board raise circle rates

12 Jun 2023 CW Team

The circle rates in townships administered by the UP Housing Board across the state have been increased, according to officials. It was announced that the revised rates would affect properties in Vasundhara and Siddharth Vihar in Ghaziabad, as these areas are near the RapidX corridor, which is set to open this month.

It was stated by officials that the new rates would be applicable from April 1. The decision to raise the rates in Vasundhara and Siddharth Vihar was made due to the high demand for properties in these areas, primarily because of their proximity to the RapidX route.

According to Sunil Sharma, an estate management officer at the board, "The circle rates have been increased in all townships administered by the board in the state. In Ghaziabad, the revision will only be applicable in Vasundhara and Siddharth Vihar."

The revision will result in higher stamp duty for those purchasing houses, effectively raising the overall property rates.

In the case of flats developed by private companies and individual plots in Siddharth Vihar, the circle rate has been increased by Rs 850/sq m. Officials noted that there were approximately twelve such projects being developed in Siddharth Vihar, which spans 635 acres.

In Vasundhara, which is divided into 19 sectors, the new circle rate will vary based on the sector number.

For sectors with even numbers, the rate has been raised from Rs 66,300/sqm to Rs 68,300/sqm. In sectors with odd numbers, the revised rate is now Rs 61,900/sqm, compared to Rs 59,900/sqm last year.

Also read:
Visakhapatnam District gears up for land pooling
K Raheja’s project sells Rs 1,100 cr properties in 90 days

Infrastructure Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..