Greater Noida
The Greater Noida and Yamuna Expressway authorities are promoting a residential area to develop 12000 flats, within a duration of two years. The authorities have already identified the project area and even the layout plan has also been sanctioned. Greater Noida will be having 7000 flats, while remaining 5000 flats will be developed at Yamuna [...] Continue Reading »
Even though the stay imposed on usage of groundwater for construction activities in Noida and Greater Noida has not been withdrawn, National Green Tribunal has allowed the realtors to present information regarding their liabilities related to usage of underground water. Upon an application filed by developers, the tribunal allowed CREDAI to be impleaded as a party [...] Continue Reading »
Greater Noida- In a recent board meeting, the Yamuna Expressway Authority has decided to develop industries on portions of the land in Jewar which was proposed for an international airport during the BSP regime. However, the rest of the land patches will be left barren for future plans. During the BSP regime, a proposal to construct an international [...] Continue Reading »
Real estate market is in great demand among the NRIs as they are keen in investing in properties in the homeland. As per the statistics, in the year of 2012, around 40% enquiries related to Delhi’s real estate was from the NRIs. NRIs are also looking into investing in commercial properties along with residential properties. [...] Continue Reading »
Noida: In the wake of the rise in property fraud cases and violation of environmental norms, the Noida residents and delegation of home buyers to meet the Uttar Pradesh administration to take strict actions against the violators. Anuj Singh, an ex-Army officer complained that after he booked a luxury flat in Noida, he found out [...] Continue Reading »
Greater Noida- Construction cost is at peak owing to the abrupt rise in brick rates following the paused brick-production at brick kilns. The cost has been increased from Rs 3600 to Rs 6200 per thousand bricks. Opposing the new norms of procuring permission from the Ministry of Environment, brick manufacturers have stopped production. Fearing huge [...] Continue Reading »
Delhi/NCR- With the flourishing 100 percent capital appreciation of the residential plot values in the past few years, Yamuna Expressway is predicted to have 30 percent increase in the coming years. Off lately, an increased number of plot launches have been witnessed in Yamuna Expressway, which is India’s longest elevated highway connecting the Greater Noida [...] Continue Reading »
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 »
Problems regarding the eight-lane link road to Noida has been resolved by the Greater Noida Authority following a meeting with the farmers of Greater Noida (west). As per the officials, the halted project will be completed within next April and this is only signal-free connectivity to Noida, Delhi and Greater Noida. Farmers of Devla, Khairpur [...] Continue Reading »
Delhi- Noida has been witnessing an increased number of illegal colonizers who are encroaching the land and selling the unauthorized plots to the buyers. The Sector 75 has quite a number of lands which are being sold by the land mafia. Despite the Noida Authority being completely aware of such illegal professions, there has been seldom action [...] Continue Reading »
