Noida Set for 30% Circle Rate Hike

25 Oct 2024 CW Team

Noida is poised to experience a significant 30% increase in circle rates for residential areas, a move that could have far-reaching implications for the real estate market in the region. This proposed hike is aimed at adjusting the property valuation in line with the rising market trends, but it also raises concerns regarding affordability for potential homebuyers.

Circle rates are the minimum prices set by the government for property transactions. The anticipated increase reflects the growing demand for residential properties in Noida, a city known for its strategic location and infrastructural development. As the real estate sector witnesses an upward trajectory, this adjustment in circle rates may also lead to an escalation in property prices, affecting both buyers and investors.

The government’s decision is expected to influence buyer sentiment and could deter some potential homebuyers, particularly those looking for affordable housing options. However, for investors, the hike might indicate a robust housing demand that could yield good returns in the future.

Stakeholders in the real estate sector, including developers and property consultants, are closely monitoring the situation. While the increase may enhance government revenues, it poses challenges for maintaining the balance between affordability and market growth.

In conclusion, the proposed 30% circle rate hike in Noida signals a pivotal moment for the city's residential market. As the city continues to evolve, the effects of this increase will likely shape the landscape of property transactions and investment opportunities in the region for the foreseeable future.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..