Be prepared to be surprised if you are considering buying property. Soon new circle rates will be introduced and from August 1 the enforcement of these changes has been set in motion. It is predicted that this move will cause a considerable hike in land prices across many areas, particularly in Bareilly where most regions and colonies situated within the district are expected to see an increase in property values.

DD Puram which is a residential area can expect more impacts than any other place, there’s already talk about proposals for raising it by INR6000 per sq m – currently at INR60000 per square meter but soon they might go up to INR66000 psm. In high sales areas, there have been suggestions made for circles of rate increases ranging from between five percent up until ten percent while over three hundred fifty towns or neighborhoods could see their circle rates rise too, and a similar number of villages may witness the same thing happening as well. Before finalising them on July 25th objections will be heard over proposed circles rates until then one can object against these rates by July 22nd.

Property Prices in UP New Circle Rates

The colonies falling under Sub-Registrar I where circle rates are set to be increased are:

Azam Nagar, Katra Chand Khan, Khurram Gautiya, Chak Mahmood Nagar, Nawada Jogiyan, Bans Mandi, Makrandpur Sarkar, Ramganga Nagar, Krishna Nagar, Sahaswani Tola, Ahata Deputy Khairuddin, Kot, Garden City, Jagatpur Lala Begum, Nawada Shekhan, Bagh Ahmad Ali,Mirzai Bagh,Lodhi Tola , Shahdana , Harungla , Awas Vikas Civil Lines , Mega Mansion , Green Park , Jagatpur , Silver State,Bihari Pur Khas,Rampur Garden,Sherpur Sherdana Akash Puram,Awas Vikas Yojana-7,Kankar Tola,Greater Green Park,Dohra,Pawan Vihar,Bihari Pur Civil Lines,Rabdi Tola,Civil Lines,Sufi Tola,Sunrise Enclave,Isaiyon ki Pulia,Hafizpur

Chak Mahmood, Tulapur, Faltunganj, Bhatnagar Colony, Rohli Tola, Radhe Shyam Enclave, Sailani, Rajat Bihar.

The colonies falling under Sub-Registrar II where circle rates are set to be increased include:

Alamgiri Ganj,Ekta Nagar,Karmachari Nagar,Gulmohar Park ,Janakpuri,Nagaria Parikshit,Jeevan Sahai Partapur,Brahmpura Math Laxmipur,Mahanagar Chowk Shastri Nagar Chowk Surkha Chhawani Sanoua,Kharaoa,Kanjadaspur,Kurmanchal Nagar,Jauharpur,Tiwari Nath Colony,Nekpur Madheenath,Priyadarshini Nagar Chowk Indira Nagar Chowk South City,Khalilpur,Jasauli,DD Puram,North City Mehndipur,Faridapur Chaudhary,Bidhaulia,Mahlao,Rajendra Nagar,Sahukara,Saidpur Hakans ,Udaypur Khas,Katraman Rai,Gali Nababaan,Jagruti Nagar,Nadosi,Pir Bahoda,Bihariman Nagla,Math Kamalnainpur,Maida Pur Chowk Residency Garden Chowk Swalenganr Sanaiya Dhan Singh Bandiya Mathurapur Rahpura Chaudhary Sithora Subhash Nagar and Sanaiya Roni Meva Kunwar.

AIG Stamp Tej Singh Yadav said that objections to proposed circle rates will be accepted till July 22. On July 25, DM will hear the objections in the Vikas Bhavan auditorium after which the circle rates will be finalized.