Greater Noida
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 »
Noida Extension is no longer the focal point of realty development after the land row. Property developers are moving to other areas in the NCR. Unlike Noida where those affected are mainly end users, who purchased property due to affordability, in Gurgaon, majority buyers are investors. Haryana has put a cap of 55 apartments in [...] Continue Reading »
Various projects of large and well-known developers stretching from Greater Noida to Gurgaon are under the scanner of Belaire Owners’ Association after Competition Commission of India (CCI) slapped a penalty of Rs 630 crore on DLF for “unfair trade practices” and “abuse of market dominance”. According to the builder-buyer agreement in the Belaire case: “The [...] Continue Reading »
Residential plots in Greater Noida will be dearer by almost Rs 4,000 per sqm while for commercial and institutional plots an extra Rs 8,750 and Rs 2,025 per sqm, respectively, will be charged. In Patwari alone, the Authority and builders have already incurred expenditure of Rs 300 crore in order to reach a compromise with [...] Continue Reading »
About 45 farmers from Patwari, who had earlier decided not to collect the compensation, have now agreed to take the money and sign the affidavits. According to sources, this group of disgruntled farmers had filed petitions stating that Greater Noida Industrial Development Authority (GNIDA) officials had not redressed their grievances regarding abadi land and other [...] 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 »
The land row in Greater Noida is settled but there is a shortage of clear land and few developers who still have undeveloped land with them will cash in on the situation. Emboldened by the court decisions in favour of farmers in Greater Noida, farmers in Noida had demanded enhanced compensation for their land, regularization [...] 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 »
On the direction of the Allahabad High Court to reach an accord for an amicable settlement between the farmers and the Greater Noida authority, the farmers are making efforts from their side.The authority may mislead the court, so the Gramin Panchayat Morcha (GPM) has decided to prepare a charter of demands. The farmers of Patwari, [...] Continue Reading »
The government has formed a committee headed by the district magistrate which has set Wednesday and Thursday for discussing the regularization question in Noida and Greater Noida villages, respectively, will target the nerve centres of the Noida farmers’ agitation on the first day. The Noida Authority chairman said regularization of populated areas in villages is [...] Continue Reading »
