The Greater Noida authority has given the green light for a 3.58% rise in circle rate of all properties, aligning with the Cost Inflation Index. However, the land allotment to government and semi-government departments will continue at the prevailing residential rate.
According to a report by Hindustan Times, the Greater Noida authority board also approved a Rs 6,048 crore budget for the financial year 2026-27 during its 143rd board meeting held on May 3, 2026. In this meeting the Greater Noida authority has also cleared the proposal of extending a 37-kilometre road from Greater Noida to the Hapur bypass, with further linkage to the Ganga Expressway.
As per the report, Ravi Kumar NG, chief executive officer (CEO) of the Greater Noida Authority said that the proposed 37km road will provide direct seamless connectivity between Greater Noida and districts in western Uttar Pradesh, reducing dependence on congested internal roads.
Kumar NG said: "It will be the third planned connectivity to the Ganga Expressway from the region, with the Delhi-Meerut Expressway-Ganga Expressway and Jewar–Ganga Expressway links also in the pipeline.”
The eight-lane road currently begins from Sector Alpha 2 in Greater Noida and extends up to around 6 km near Bodaki village. The stretch between the Hapur bypass and the Ganga Expressway is about 15 km. Once developed, commuters from Greater Noida are expected to reach the expressway within 30-45 minutes.
Kumar NG also said that the extension will connect the Hapur bypass and then the Ganga Expressway. This has been added in the master plan 2041. The project is currently at an initial stage. In the next phase, the authority will appoint a consultant to carry out a detailed survey covering route alignment, funding requirements, and land acquisition. The project will take two to three years for completion.
The proposed corridor will connect Sector Alpha 2 to NH-91, the Eastern Peripheral Expressway, New Noida, the Hapur bypass, and the Ganga Expressway.
By narrowing the gap between market prices and circle rates, the move enhances transparency and reduces under reporting.
According to Mishra, for existing owners especially in infrastructure led micro markets such as the Expressway, Sector 150 and the Jewar belt, it effectively validates asset values.
According to Mishra, earlier, the wide gap between market prices and circle rates enabled partial under reporting in some transactions. The revised circle rates narrow this gap, ensuring registrations are closer to true market value.
Mishra says that in many new and under construction projects, particularly along key infrastructure corridors, market prices were already well above circle rates, limiting any material impact on buyers.
Mishra says: “Overall, the move improves price transparency and strengthens long term confidence, making the market more favourable for genuine home buyers than speculative activity.”
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Income Tax Union Budget FY 2026-27 LiveIncome Tax Slabs FY 2025-26Income Tax Calculator 2025According to a report by Hindustan Times, the Greater Noida authority board also approved a Rs 6,048 crore budget for the financial year 2026-27 during its 143rd board meeting held on May 3, 2026. In this meeting the Greater Noida authority has also cleared the proposal of extending a 37-kilometre road from Greater Noida to the Hapur bypass, with further linkage to the Ganga Expressway.
Greater Noida to Ganga Expressway
Deepak Kumar, Greater Noida authority chairman and infrastructure and industrial development commissioner said in this meeting that a 105-metre-wide road will be constructed and this will provide direct connectivity from Greater Noida to the Ganga Expressway, which was opened on April 29, 2026 to provide connectivity between Meerut and Prayagraj.As per the report, Ravi Kumar NG, chief executive officer (CEO) of the Greater Noida Authority said that the proposed 37km road will provide direct seamless connectivity between Greater Noida and districts in western Uttar Pradesh, reducing dependence on congested internal roads.
Kumar NG said: "It will be the third planned connectivity to the Ganga Expressway from the region, with the Delhi-Meerut Expressway-Ganga Expressway and Jewar–Ganga Expressway links also in the pipeline.”
The eight-lane road currently begins from Sector Alpha 2 in Greater Noida and extends up to around 6 km near Bodaki village. The stretch between the Hapur bypass and the Ganga Expressway is about 15 km. Once developed, commuters from Greater Noida are expected to reach the expressway within 30-45 minutes.
Kumar NG also said that the extension will connect the Hapur bypass and then the Ganga Expressway. This has been added in the master plan 2041. The project is currently at an initial stage. In the next phase, the authority will appoint a consultant to carry out a detailed survey covering route alignment, funding requirements, and land acquisition. The project will take two to three years for completion.
The proposed corridor will connect Sector Alpha 2 to NH-91, the Eastern Peripheral Expressway, New Noida, the Hapur bypass, and the Ganga Expressway.
Other developments in Greater Noida
As per the report, a one-time settlement scheme was approved for allottees of multi-storey flats ranging from the economically weaker section to 135 sq m, offering relief on interest charged on outstanding premium and delayed lease deed fees. Allottees can avail up to 80% relief on outstanding premium and delayed lease deed charges, officials said.How the increase in property circle rate impacts real estate investors
Deepak Mishra, Senior Director, Residential Transaction Services, Colliers India said to ET Wealth Online that the revision in Greater Noida’s circle rates after nearly nine years is a structural correction that brings official valuations closer to market realities.By narrowing the gap between market prices and circle rates, the move enhances transparency and reduces under reporting.
According to Mishra, for existing owners especially in infrastructure led micro markets such as the Expressway, Sector 150 and the Jewar belt, it effectively validates asset values.
According to Mishra, earlier, the wide gap between market prices and circle rates enabled partial under reporting in some transactions. The revised circle rates narrow this gap, ensuring registrations are closer to true market value.
Mishra says that in many new and under construction projects, particularly along key infrastructure corridors, market prices were already well above circle rates, limiting any material impact on buyers.
Mishra says: “Overall, the move improves price transparency and strengthens long term confidence, making the market more favourable for genuine home buyers than speculative activity.”