GNIDA Noida
Around 15 industrial plots allocation has been cancelled by the Greater Noida Industrial Development Authority. According to the authorities, the allotments were cancelled are of either 450 sqm or 1,000sqm, however GNIDA is looking for a fresh scheme re-allotment. As the allottees failed to respond to the notices issued by the authority in October for [...] Continue Reading »
The Greater Noida Industrial Development Authority has decided to ask for additional payments from existing plot owners allotted plots in Greater Noida. Residential plots allotted by Greater Noida Authority to individual allottees will cost almost Rs 500 per sqm more. Three months back, the Greater Noida Authority had hiked land rates by 12.5 per cent [...] Continue Reading »
Farmers of 22 villages in Greater Noida are waiting for word from the court on Wednesday. This includes many in Patwari. Though there are a few who have approached court, several have not accepted the enhanced compensation as they are waiting for word from the court on the Patwari case. Farmers will consider an appeal [...] Continue Reading »
According to the master plan for Greater Noida, 23.2% of the total area of 21,570 hectares earmarked for the township is meant for residential purposes. Of the rest, 19.6% is for industries, 16.2% for institutions and 5.6% for commercial development. The price for industrial and institutional land was subsidized by selling commercial land at Rs [...] Continue Reading »
Greater Noida was supposed to have 75 percent industries and 25 percent houses for providing accommodation to the workers. But now the trend is reversed. There are even less than 25 percent industries and more than 75 percent multi-storey residential complexes. Moser Baer was the last company to be set up here around 1998. Prior [...] Continue Reading »
Builders, who were allotted land by the Greater Noida Industrial Development Authority (GNIDA), have stopped all construction work in Sahberi and the Authority officials pulled down whatever hoardings, property advertisements etc remained there. The authority has begun the process of returning land to farmers. Developers affected by the Sahberi order have also been given the [...] Continue Reading »
Addressing a press conference at Noida, representatives of the Confederation of Real Estate Developers’ Association of India (CREDAI), Western Uttar Pradesh Chapter, said that all those who had booked houses in the affected projects would get back their money, including the cost incurred as home loan interest, if they so desired. The builders and developers [...] Continue Reading »
With farmers in Sahberi and other Noida Extension villages now eager to sell land directly to builders for higher rates, the govt is worried that planned development in the area could go for a toss. TOI did a quick survey of the Noida Extension-Greater Noida belt and found several unauthorised enclaves plotted and sold by [...] Continue Reading »
The Supreme Court on Wednesday imposed Rs 10 lakh as a cost on the Greater Noida Industrial Development Authority (GNIDA) and directed it to hand over the 156 hectares of land in Greater Noida in Uttar Pradesh to the villagers and farmers. The Court upheld the Allahabad High Court order quashing the acquisition of the [...] Continue Reading »
The Supreme Court on Monday turned down the plea of the Greater Noida Industrial Development Authority and builders, including Supertech and Amrapalli, to stay the May 12 Allahabad high court order that quashed the authority’s notification, acquiring 156.3 hectares land in the village. The authority bought the land from farmers at a cheap price for [...] Continue Reading »
