In a significant policy change that will affect property buyers and developers alike, the Lucknow district administration has issued a revised notification, indicating that circle rates will be raised effective August 1, 2025. The most recent change to circle rates was made over ten years ago, so that on August 1, 2025, the circle rates will only reflect additional value according to the district’s officials, beginning at the concept of .7 of market value since circle rates must reflect the market. The reason to adjust the circle rates is to bring the actual government price closer to the true market price, and those circles haven’t been changed in the past ten years.
Circle rates are often understood as the minimum price offered by the government for property transactions. The larger impact is through transactions, as the circle rates provide the basis for stamp duty and registration fees, which are likely to be the most impactful in real estate qualifications pertaining to transactions.
What Will The Circle Rates Increase Be?
The 2025 increase in circle rates will be at rates of 15% – 25% for all categories of property as described below:
Residential plots in prime locations like Gomti Nagar, Vrindavan, and Indira Nagar will see increases up to ₹77,000 per square meter.
Commercial property types will see even higher adjustments, as the increases could be 20%-52% depending on the property location, such as exurban areas like DLF.
Agricultural lands in rural and exurban locations are likely to see only a 15 percent increase.
Rates for flats and apartments in buildings and high-rises are likely to increase by approximately 20 percent.
Highest and Lowest Circle Rates in Lucknow
|
Locality |
Revised Circle Rate (₹/m²) |
|
Gomti Nagar |
₹33,000 – ₹77,000 |
|
Vrindavan Yojana |
₹33,000 – ₹77,000 |
|
Indira Nagar |
₹35,000 – ₹62,000 |
|
Mahanagar |
₹41,000 – ₹65,000 |
|
Jankipuram |
₹35,500 – ₹54,000 |
|
Omaxe Metro City |
₹20,000 – ₹50,000 |
These hikes reflect new infrastructure, increasing demand, and ongoing development in areas near expressways and the Outer Ring Road.
Objection Window Open Till July 17
From 2 July to 17 July 2025, citizens can lodge objections to the proposed circle rates by either going to their nearest sub-registrar office or emailing either aiglko01@gmail.com or aiglko02@gmail.com.
After that, a review will be held from 18 July to 27 July, and then the rates will be notified by the end of July.
What does it mean to property buyers?
When the new rates come in on 1 August, buyers can expect to pay more in stamp duty and for the overall registration costs, and it is possible there could be a slowdown in transactions prior to the cutoff date.
But it does provide for greater transparency, fair value, and revenue increase for the government. For landowners, this is the likelihood of securing better compensation in cases of land acquisition.
Conclusion
The revised circle rates for Lucknow are overdue after such a long period. With Lucknow sprawling and demand for real estate rising, the changes are designed to better align property valuations with the real estate market. Buyers, sellers, and developers alike are encouraged to think ahead and note the announcement deadline.
