Lands become expensive in Greater Noida, know how much property prices have increased this time

Answer The prices of land in Greater Noida of the state have increased. Due to increase in land prices, the cost of setting up a house, house, shop, office or factory in Greater Noida of Gautam Buddha Nagar district will also increase. Greater Noida Authority has increased the allotment rates of all types of lands purchased for different purposes. Greater Noida Authority has increased the land prices by 3.58 percent this time. The new rates of lands will be considered applicable from April 1, 2026. However, the authority has made a lesser increase this year as compared to last year. The Greater Noida Authority had increased land allotment rates by an average of 5 percent last year. However, this year the land prices have been increased by 3.58 percent.

What are the land prices in Greater Noida?

This was announced in an important meeting of Greater Noida Authority held on Saturday. Let us tell you that the current allotment rates of residential category lands in Greater Noida are Rs 33,481 to Rs 49,588 per square meter. In builder category these rates are Rs 40,408 to Rs 57,218 per square meter and for industrial category these rates are Rs 10,416 to Rs 32,327 per square meter. According to a report by Live Hindustan, Noida Authority has increased these prices by 3.58 percent. However, land will be allotted to government and semi-government departments only at the old prevailing residential rates.

Announcement of big relief for flat owners also

Greater Noida Authority has also taken some major decisions keeping in mind the interests of the common people. The OTS (One-Time Settlement) program has been approved for owners of EWS flats and multistorey flats up to 135 square meters built by the authority. Under this, interest burden will not be imposed on flat owners who have outstanding premiums and late fees for lease deeds. After getting the approval of OTS, you can get up to 80 percent discount on the premium dues and late fees of lease deed and no interest will be charged on the premium dues.