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

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..