Noida Sector 119 has been growing consistently during recent years, leading to appreciation in property values and developments in infrastructure. The sector has the potential for both long-term and short-term investments, making it a promising choice for buyers as well as sellers.Â
Noida Sector 119 is emerging as an attractive residential and commercial hub, drawing potential investors. While determining the circle rates of this sector, it is vital to look into property values and market trends. Circle rates are the minimum prices at which a property can be purchased or sold in a particular area. It is determined by local authorities so that it could serve as a basis for stamp duty calculation and registration charges during transactions.
Noida Sector 119 has excellent connectivity, modern infrastructure, and specialised amenities. The circle rates in Noida Sector 119 go from Rs 55,150 to Rs 2,87,000 per sq ft. It varies from property type to location.
See also: Circle rates in Sector 94, Noida
Real estate market in Noida Sector 119
Noida Sector 119 provides a plethora of residential choices, including apartments, villas, and independent houses. This sector also has well-planned housing societies with the latest amenities and green surroundings. The price of the properties has seen immense growth in recent times, making it a great place to give high returns.Â
When it comes to the commercial arena of Noida Sector 119, the place has many complexes and office spaces that cater to the needs of organisations and businesses established in the area. The circle rates in commercial sectors are definitely higher than in residential areas due to the higher returns on investment.
Noida Sector 119 circle rates for residential properties
| Roads | Circle rate (per sq m) |
| 12 m to 18 m road | Rs 55,150 |
| 18 m to 24 m road | Rs 57,750 |
| 24 m road and above | Rs 60,400 |
Noida Sector 119 circle rates for commercial properties
| Plot size (sq m) | Circle rate (per sq m) |
| Up to 100 | Rs 2,87,000 |
| 100-1000 | Rs 2,40,000 |
| 1000-10000 | Rs 1,59,000 |
FAQs
How should I check circle rates?
You can use this formula to check the circle rates. Circle rate= Part of the land ratio x land cost + flat area x building cost + common area x cost of construction.
What are the circle rates in the Noida Extension?
The circle rates for residential plots in Noida Extension are approximately Rs 23,100 per sq m. Also, the circle rate for flats is Rs 26,000 per sq m.
Should I live in the Noida or Noida extension?
Noida Extension is more affordable than other areas in Noida. In comparison, Noida is more established with several opportunities, commercial centres, and business parks.
Is floor-wise registry allowed in Noida?
Yes, Noida approves floor-wise registry on plotted houses.
Are circle rate and market value different?
The circle rate is the minimum price of the property, determined by the State government. In comparison, the market rate is decided by the seller.
Is house tax compulsory in Greater Noida?
Yes, it is mandatory to pay property tax in Noida for all property owners.
Which is the best sector in Noida?
Noida Sector 39, Uttar Pradesh, is a popular area with excellent medical facilities. This sector is well-developed and a good place to live for students, families, and bachelors.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
