Noida: Residents of Noida and Greater Noida are in hand against the proposed increase in a circle level in twin cities.
On Wednesday, the Federation of Noida from the Apartment owner’s association continued their representatives to the district administration.
Greater Noida residents are also expected to share their bookings against moving on Thursday.
On August 2, Gautam Regency Government Budh Nagar announced his decision to raise the circle level in Noida, Greater Noida and the Yamuna Expressway region of at least 5%, for the first time in four years.
The decision will definitely vote family bags who want to buy real estate in the district when the government rises 7% of the value of property as stamp duty.
President Federation in Noida, Rajiva Singh said, “Circle prices need to represent market sentiment.
Given the condition of the real estate sector in Noida, Line Circle needs to be derived from the current level at this point.
Also more than 40,000 buyers wait to register their flat even after doing them Payment to the developer.
They all have to pay higher stamp duty if the tariff increases.
“President of the Rwas Federation in Greater Noida, Devendra Tiger said,” We will submit our protests and objections to the proposed increase in the level of circle.
Flat launched by authority Noida has not been able to find the takers but they continue to increase tariffs.
Because of the pandemic, both the working class and employers suffer but still administration expect them to pay more.
“However, additional district judges (finance) Vandita Srivastava said,” We have proposed a new level based on bait behind collected from various D aerah.
The objection of residents will be evaluated before the decision is taken.
They have until August 16.
Only after the deliberation and discussion with all stakeholders, we will make a last call about this problem.
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