India, Sept. 17 -- The Ghaziabad district administration on Tuesday proposed an average hike of 15-20% in the rates of residential properties and about 20% hike in the rates of commercial properties for 2025-26, officials said, adding that the hike is proposed to bring the circle rates near to the market rates.

An average of a 15% hike was also proposed for properties in industrial sites, and another 5-15% hike was proposed for agricultural land, they added.

The proposed hike in different areas was proposed based on a survey report submitted by eight sub-registrars, said stamps and registration department officials.

"As per the exercise that followed the survey reports, we have proposed a hike in rates of properties in residential, com...