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

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..