Greater Noida Authority approves ₹6,048 crore budget, hikes property rates

Did you hear Greater Noida Authority just hiked property rates by 3.58% after approving a ₹6,048 crore budget? This increase, aligned with the Cost Inflation Index, means properties are now pricier for buyers and investors. What are your initial thoughts on this? Has anyone already felt the impact or has more details to share?

#Noida

Comments

Aarav Verma6 May

Exactly! I was just looking at properties in Greater Noida West, near the metro extension. Does this hike affect even those under-construction projects that got their approvals earlier? Kya ye builders bhi rate badha denge ab?

aditi.sharma.abc6 May

Haan bhai, it affects everything.

Mohammad Khan6 May

Yaar, ye toh bohot bura hua. Pehle hi budget tight tha, ab aur mushkil ho jayegi. First-time buyer ke liye aur pressure!

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