The increase in minimum rates for land in Greater Noida is unlikely to affect demand for property in the area, real estate experts claim.
The Greater Noida Industrial Development Authority board increased the minimum rates for all categories of land on Tuesday.
Accordingly, residential land rates have been hiked from Rs 5,900 per square metre to Rs 10,500 per square metre, while institutional land rates have been revised from Rs 2,800 per square metre to Rs 6,000 square metre.
More : business-standard.com
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