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Tuesday, March 6, 2012

Mahagunpuram : Recent price hike

Hello Friends,

It would be great if someone could explain whether we need to pay extra amount at the time of registration due to recent hike in price for mahagunpuram's PHASE 1 and PHASE 2 projects.

As far as I know, registration charges are calculated on the basis of current circle rate. Please correct me, if I'm wrong.

Looking forward to hear from you guys.

Happy Holi !!

Manoj Singh


Shiv said...


Price hike does not change registry amount. Basically Registry amount is either on "Circle Rate" or on YOUR "purchase amount", whichever is maximum. So, even though price changes, you will pay either on circle rate, or the rate at the time of YOUR purchase. Trend says that usually circle rate is always less than purchase rate.. so most likely you will pay on purchase amount.


What is the current Circle Rate for Mahagunpuram Project, NH-24, Mehrauli, Ghaziabad ? Does anybody knows it.

Admin said...

Its around 16000 per sq mtr for land. However for flats, the calculation is a bit difference. I am sure that Mahagunpuram's flat registry will happen on actual buy rate [because its price on actual buy rate is greater than circle rate in ghaziabad.]