Noida Sector 17 offers numerous amenities and improved infrastructure, making it a popular choice for investment in the real estate market. A well-rounded lifestyle is boosted in Noida Sector 17 and access to modern facilities, educational institutions, healthcare facilities, and transportation options is provided. The real estate market in Noida Sector 17 has improved from previous times and offers many opportunities for investors. While making an investment decision it is crucial to know the rates in the sector. Sector 17 is an area in Noida that is filled with opportunities and is a prominent choice for investors and buyers.
Sector 17, situated in Uttar Pradesh, is very closely connected with the Delhi-NCR region and provides ease of connectivity with the capital state. The area in Noida has seen an increase in property prices in recent times. The major road attractions are situated near this sector to attract investors to purchase a property or a home in the city. The developed infrastructure and transport make it easier for people to settle in the city and to travel, too. This article provides information on the latest circle rates in Noida Sector 17 to keep investors updated.
See also: Circle rates in Noida Sector 43
Real estate market in Noida Sector 17
Noida Sector 17 is a prime location to settle as it is a hub of employment and other facilities. The improved infrastructure and road connectivity make it attractive for investors to secure a property. The commercial and residential areas are in demand in this sector. The area has a mix of residential properties, commercial establishments, educational institutions, healthcare facilities, and recreational options. The roads within the sector are well maintained by the authorities and offer a smooth ride for the commuters. The Noida-Greater Noida Expressway is connected to Noida Sector 17. Noida Sector 17 is near the Noida Sector 16 metro station, which provides easy access to the Delhi-NCR region. The demand for investment in Noida Sector 17 is driven by its numerous facilities, improved connectivity, and infrastructure.
Circle rates for residential properties in Noida Sector 17
| Localities | Circle rate (per sq m) |
| 12 m to 18 m road | Rs 1,08,700 |
| 18 m to 24 road | Rs 1,13,850 |
| 24 m and above road | Rs 1,19,050 |
Circle rates for commercial spaces in Noida Sector 17
| Plot size (sq m) | Circle rate (per sq m) |
| Up to 100 | Rs 3,15,000 |
| 100-1000 | Rs 2,59,000 |
| 1000-10000 | Rs 1,66,000 |
FAQs
What are circle rates?
Circle rates are the minimum rates set by the government for registering property transactions.
How to calculate the circle rate of any area?
To calculate the circle rates, you can use this formula. Circle rate = Part of the land ratio x land cost + flat area x building cost + common area x cost of construction.
How to check the circle rate of your sector?
Circle rates depend on various factors including the location of your sector, infrastructure, amenities provided, and economic factors.
What is the circle rate of flats in Noida?
The circle rate of flats in Noida ranges between Rs 72,200 to Rs 79,200.
How is the circle rate different from market value?
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 it compulsory to pay house tax in Greater Noida?
Yes, it is mandatory to pay property tax in Noida for all property owners.
Which sector in Noida is the safest?
Noida Sectors 55 and 56 are the safest regions.
| 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 |
Shimon Oberoi, an economics graduate from Rajdhani College, University of Delhi, strives to simplify the real estate world through her compelling and well-researched content. She has experience in domains like entertainment and economic concepts, among others. When not creating content, she enjoys watching movies, listening to music, and reading fictional books.
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