Knowledge of circle rate is necessary to have a fair idea about how much money you will be paying to acquire a property in Uttar Pradesh. With that as a key objective, we provide you with a comprehensive list of circle rates in Uttar Pradesh’s Modinagar, which falls under the Ghaziabad jurisdiction.
Revised list of Modinagar circle rate in 2024
See also: Circle rates in Uttar Pradesh
Why invest in Modinagar?
Those who are looking for affordable areas situated close to the national capital would prefer Modinagar over other places. A sub-city offering all the comforts of a big city without much difficulty, Modinagar is well-connected to Delhi with the start of the Delhi-Ghaziabad-Meerut Rapid Metro.
FAQs
Where is Modinagar?
Modinagar is a sub-city in Ghaziabad.
What is Modinagar famous for?
Modinagar is famous for its sugar mills.
What is the circle rate in Modinagar?
The circle rate for non-agricultural land in Modinagar ranges between Rs 8,000 square meter and Rs 45,000 square meter.
What is circle rate?
The circle rate is the value associated with properties and determined by the state governments. Circle rate is also known as guidance value, collector rate, district collector rate, and ready reckoner rate.
How is the circle rate different from the market rate?
The circle rate is the government-prescribed value for properties in an area while the market rate is the amount at which a property is being purchased and sold in a locality. Market rates are generally higher than circle rates. However, the opposite can also be true.
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