LUCKNOW, Aug. 1 -- New circle rates came into effect in Uttar Pradesh capital Lucknow on Friday with substantial revisions in urban and peri-urban zones. Under the latest revision that has come after a decade, circle rates have been increased in the range of 15-25 per cent, depending on the area and the type of the property. The revision aligns official land valuations with current market realities and strategic urban expansions-especially along major corridors like Purvanchal Expressway, Kisan Path and Outer Ring Road.

The Lucknow district administration had last month announced new circle rates under the Uttar Pradesh Stamp (Valuation of Property) Rules, 1997, and its subsequent amendments. Circle rates are the government-notified mini...