Greater Noida
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 »
Land acquisition in Sahberi and Patwari, where over 30,000 apartments and plots were sold, has been declared illegal by courts. The Allahahad High Court is due to hear cases regarding more villages this week, but the fate of nearly 70,000 apartments in Noida Extension is uncertain. Demands for higher compensation have spread to neighbouring areas [...] Continue Reading »
The Authority should renegotiate with the farmers so that they willingly part with their land. That is the only way to protect interests of buyers and save builders from going bankrupt. The recent Supreme Court and Allahabad High Court orders cancelling land acquisition by Greater Noida Authority in Sahberi and Patwari villages have left few [...] Continue Reading »
When Supreme Court upheld an Allahabad high court order cancelling the land acquisition in Sahberi village, the builders had offered to relocate the initial 6000 homebuyers out of 26000. But still buyers have little prospect of relocating to another apartment in the same area and on top of that they will also have to keep [...] Continue Reading »
The Allahabad High Court quashed acquisition of nearly 600 hectares of land in two villages in Greater Noida for residential purposes. The land was acquired by the state government through notifications in March 2008 and May 2008 for building residential complexes in Greater Noida area neighbouring Delhi. The order came barely a fortnight after the [...] Continue Reading »
The Greater Noida Industrial Development Authority (GNIDA) has made it mandatory for an allottee to plant a few evergreen trees in their premises.The rule holds true not only for residential areas, but commercial, institutional and industrial plots as well. All allottees have to fulfill this condition. If you are planning to construct a house in [...] Continue Reading »
Builders are estimated to have launched a minimum 50,000 housing units in Noida Extension, which is part of Greater Noida, but buyers are keeping safe distance in the face of the Supreme Court judgement annulling 156 hectares of land acquired for building about 6,000 of these houses. Sale of housing units have virtually come to [...] Continue Reading »
After many days of Supreme Court’s orders of canceling the allotment of farmland to private builders in Greater Noida, a fresh Public Interest Litigation (PIL) was filed on Tuesday challenging the Noida Authority’s decision to allot land of farmers at cheap rates for farmhouse scheme. In the petition, it has been alleged that the decision [...] 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 »
