Archive · 1 Aug 2025

Lucknow Property Prices to Rise with Revised Circle Rates

Lucknow Property Prices to Rise with Revised Circle Rates

Lucknow is changing how it values property, called circle rates, after 10 years.

This will make buying property more expensive because it affects how taxes are calculated.

The government has raised the rates on things like land and buildings.

They say it's to make the market fairer, and to prevent properties from being undervalued.

Some areas are now much more expensive than others, but the goal is to be more transparent in property transactions.

Sources