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No hike in circle rates in Noida

The Gautam Budh Nagar administration on Saturday decided to retain the circle rates for the current fiscal. However, the circle rates in Jewar might be increased later due to the expected sale of properties in the region in the backdrop of the upcoming airport project.

The decision was taken after three meetings among the departments concerned. Officials reviewed the survey results of realty sector and found that the revenue generated was ‘not impressive’.

Source: Hindustan Times