Greater Noida
Realty firms 3C Company and Orris Infrastructure have announced joint development of a group housing project in Gurgaon. The project is named as ‘Greenopolis’ which will comprise of 2,317 housing units spreading across 47-acre. Orris Infrastructure would provide land, while development would be done by the 3C Company, which is known for green buildings. The [...] Continue Reading »
As the development authorities of Noida, Greater Noida and Yamuna Expressway have raised land rates the realtors remain apprehensive about the impact due to the increase. RK Arora, CMD, Supertech, stated that increased land costs would impact the group housing sector and the burden would have to be borne by the investors. Many developers feels [...] Continue Reading »
While big realty players like DLF and Unitech seem likely to sell their non-core assets like hotels smaller developers realize an advantage in developing hotels as it increases project valuations. According to industry analysts, real estate players can extract the best valuation by doing mixed land development where they build hotels along with residential and [...] Continue Reading »
The real estate developers of Delhi are resting at ease as the master plan for Greater Noida 2021 gets a step closer to approval. They believe that they would be able to resume construction once the National Capital Region Planning Board (NCRPB) gives the proposal a go-ahead. Though the final clearance from NCRPB is yet [...] Continue Reading »
Buyers staged a protest in Greater Noida for lack of transparency in the system as developers were booking houses and plots without getting layout plans approved by Yamuna Expressway Authority. They demanded that the Authority has to upload the status of developers and their projects in their area on their official website. On Wednesday, buyers [...] Continue Reading »
The Greater Noida master plan has been approved by the statutory committee of the NCR Planning Board (NCRPB). The developers in Noida Extension said that the construction of residential projects which were put to halt could be resumed. They are waiting for the committee’s recommendations to be approved by the board. But the farmers are [...] Continue Reading »
The approval of the Greater Noida master plan by the statutory body of NCR Planning Board is all set to push the real estate prices in the region amid indications from developers that they would go for a price revision once the draft gets approved by the board. New buyers may have to end up [...] Continue Reading »
A warning notice has been issued to all developers who have been carrying out illegal construction activities by the Noida, Greater Noida and Yamuna Expressway authorities. The public notice states that the lease of project will be cancelled and the authority will immediately demolish the structure in case of any violation of rules. Many developers in [...] Continue Reading »
In this month’s electricity bill, residents of Noida got a shock when they received a bill with an additional security charge of Rs. 2,000 to Rs. 10,000. Noida Power Company Limited (NPCL) who is the power corporation of Greater Noida has levied extra security charges. Around 19000 consumers from the month of April have been [...] Continue Reading »
The shifting proposal of the Jewar international airport has left a negative impact among Greater Noida domestic and multinational companies and the real estate business. Companies that were planning to expand business in Greater Noida are now thinking about their decision. According to the Association of Greater Noida Industries, this decision is an anti-industry decision. [...] Continue Reading »
