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Developers in Noida

Millionaires in the country rising

Millionaires in the country rising
The number of millionaires in the country is comparatively rising up. The Kotak Wealth report released in July 2014 shows that the number of ultra high networth individuals (UNHIs) rose by 16 percent from 1,00,900 in 2012-13 to 1,17,000 in 2013-14, while their net worth rose by 21 percent from Rs 86 trillion to Rs [...] Continue Reading »

Grazing land allotted to Builders

Grazing land allotted to Builders
Noida Authority has replied to an RTI that a large portion of grazing and forest land has been allotted to several developers in Noida. Construction is being carried out on these lands in various sectors in Noida. Diversion of grazing land and forest land for commercial purpose has been banned by the Supreme Court in [...] Continue Reading »

Noida Extension home buyers asked not to hold protests

Noida Extension home buyers asked not to hold protests
Faced with increasing instances of protests by Noida Extension homebuyers, the district administration has asked the home buyers’ association not to protest in groups. The administration took up the step saying that such protests have often obstruct traffic and law and order arrangements in the city. Buyers have demonstrated twice at the offices of developers [...] Continue Reading »

Land scarcity forces developers to shift to other cities

Land scarcity forces developers to shift to other cities
ATS Infrastructure, 3C Company and Earth Infrastructures these real estate developers in Noida who own 11 projects each within the city had not even turned towards Gurgaon city. However, the situation is same no more, as the scarcity of land and problems with land acquisition prevails in Noida and Uttar pradesh. Therefore, rival city Gurgaon [...] Continue Reading »

25 percent hike in flat rates

25 percent hike in flat rates
New flat buyers be ready to shell out more and more money in Noida. This is not a purposeful hike the developers have opted for! Developers in Noida city had to make around Rs 3,000 crore payment for the notices that the Uttar Pradesh government had issued to land allottees. Failing badly to pay this amount [...] Continue Reading »



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