India, Oct. 2 -- The Ghaziabad district administration (GDA) has received about 50 public objections to the proposed circle rates announced on September 14, officials said on Wednesday, adding that the new rates for 2025-26 are set to be finalised in the next week.

The administration had invited public objections till September 30 after announcing a proposed hike in circle rates (minimum values, set by the government for specific area that a property's transaction can legally take place at).

As part of the process, a survey of existing circle rates and market rates was assessed by eight sub-registrars, and an average hike of 15-20% was announced in rates of residential properties, a 20% hike in commercial properties, and a 10-15% hike i...