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Buying property in Greater Noida? Get ready to pay more

Buying property in Greater Noida? Get ready to pay more

India Today
Wednesday, April 06, 2022 01:53:24 PM UTC

Residential sectors in Greater Noida have been divided into four separate categories – A, B, C and D.

The Greater Noida Industrial Development Authority (GNIDA) has announced an increase of around Rs 5,000 to Rs 7,000 per square metre in rates for residential sectors of Greater Noida. The decision was announced after the 126th board meeting of GNIDA held in Greater Noida on Tuesday.

Residential sectors have been divided into four separate categories A, B, C and D.

The new rates per sq metre of land will be Rs 39,000 for category A, Rs 36,000 for category B, Rs 34,000 for category C and Rs 29,000 for category D, the GNIDA said.

The old rates per sq metre were Rs 33,300 for category A, Rs 31,250 for category B, Rs 27,088 for category C and Rs 24,060 for category D, it added.

Sectors Alpha 1, 2, Beta 1, 2, Gamma 1, 2, Delta 1, 2, 3 and Swarn Nagri fall in category A.

Sectors CHI 2, CHI 3,CHI 4, CHI 5, CHI-PHI EXT. P 1, P 2, P 3, P 4, P 5, P 6, P 7, P 8, PI 1, PI 2, PHI 1, PHI 2, PHI 3, PHI 4, PHI-CHI, Sector-36 and Sector-37, Sector 2, 3 fall in category B.

Category C includes sectors Eta 1, Omicron 1, 1A, 2 and 3, XU 1, 2 and 3, Zeta 1 and 2, MU 1 and 2, Sigma 1, 2, 3 and 4; while category D includes Sectors 1, 11, 12, 16, 4, 16C, 17, 20 and Sector-Tech zone, the GNIDA said.

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