Property transactions in the city are set to become costlier as the district administration has proposed a revision of circle rates by up to 40% across residential, commercial, agricultural, and industrial categories. The draft notification, shared this week, is open for public objections till September 30 and will be finalised after a review meeting on October 4.
The revision comes a year after the last upward adjustment in September 2024, when circle rates were increased by an average of 15%. Before that, the rates had remained unchanged for two financial years, 2022-23 and 2023-24.
In residential segments, plot rates are proposed to go up between 5% and 15%, depending on location. For example, the rate at Crossings Republik could increase from ₹27,000 per square metre to ₹31,000.
Flats in multi-storey buildings are slated for sharper increases. In large townships such as Wave City, Aditya World City, Jaipuria Township, Urban Homes, and Park Town, the hike is expected in the range of 35% to 40%. Within Wave City, flat rates could rise from ₹74,000 per sqm to ₹93,000.
“The proposed revision in circle rates is a reflection of Ghaziabad’s rapid transformation into a prime real estate hub. For our Sunflower project at Aditya World City, this development is a strong validation of the growth and value the region holds. For homebuyers and investors, this signals a long-term appreciation potential. While it may bring a marginal rise in acquisition cost today, it also ensures stronger returns tomorrow as the area benefits from expanding infrastructure and enhanced connectivity,” said Ashish Agarwal, Director, AU Real Estate.
Trans-Hindon colonies are also covered in the revision. Land in Indirapuram is proposed to climb from ₹85,000 per sqm to ₹98,000, while Vasundhara may go from ₹72,000 to ₹83,000. In Vaishali, Ramprastha, Surya Nagar, and Chandra Nagar, rates are expected to touch ₹1 lakh per sqm, compared to the existing ₹87,000.
In Rajnagar Extension, flat rates may increase by ₹7,000 per sqm from the current ₹35,000, while in Siddharth Vihar, the hike could be ₹16,000 per sqm, taking the rate from ₹52,000 to ₹68,000.
The steepest revisions are proposed for commercial hubs. In RDC, the rate may go up from ₹1.7 lakh per sqm to ₹2.04 lakh. Ambedkar Nagar could rise from ₹64,000 per sqm to ₹74,000, while Nehru Nagar and Rakesh Marg may see an increase from ₹1.4 lakh per sqm to ₹1.6 lakh.
Mall properties have been newly categorised. At Wave City township, they are pegged at ₹2.2 lakh per sqm, while at Crossings Republik the draft rate is ₹1.13 lakh per sqm.
Shops in malls across Ghaziabad are proposed to rise from ₹82,800 per sqm to ₹1 lakh, which represents a 15% jump.
Agricultural land rates are to be revised upwards by 15%. Commercial plots are likely to see an increase of around 25%.
Industrial hubs are also in the draft. In areas such as Kavi Nagar Industrial Area, BS Road, SSGT Road, and Durga Enterprises, a 15% rise is proposed. In the UPSIDC Industrial Area Site-2 and stretches along NH-24 up to Kanawani Pulia, the increase may be sharper at 18-20%.
Officials said the revised rates will directly influence property transactions as circle rates form the benchmark for stamp duty and registration charges. Buyers are required to pay duty on either the circle rate or the actual market value, whichever is higher. A rise in government-notified values therefore leads to higher costs of property purchase across categories.
Assistant Inspector General Pushpendra Kumar said the impact would be significant because every upward revision raises the baseline for duty calculation.
District Magistrate Ravindra Kumar Mandar confirmed that the proposals are part of the annual exercise to bring government valuations closer to prevailing market trends. Residents have been invited to submit objections at tehsil or sub-registrar offices until September 30. The feedback will be reviewed in a meeting on October 4 before the final notification is issued.
