Noida Authority
The center’s Rs 25,000 crore relief package is as of now out of reach for most critical housing projects in Noida. A real estate market that badly needs a relief package from the govt because most of the projects do not meet the eligibility clause. The central fund can only be utilized to complete projects [...] Continue Reading »
Due to the several illegal constructions going on at present on a notified land in Noida, the Noida Authority has issued a notice to the builders who have been alleged to be involved in the activities without taking permission. According to the release made by the Authority, notices have been pasted at the concerned sites [...] Continue Reading »
By the conclusion of November, sources reveal that state government might approve the scheme of proposal made in 2013 of putting aside increment in the floor area ratio (FAR). The original submission by Noida and Greater Noida authorities included the demand of the enlargement in the realty space down the passageway. The proposal sent in [...] Continue Reading »
On Thursday the Noida authority has issued a 15-days ultimatum to the five builders and has asked them to stop work on their projects or they would face demolition, triggering panic among hundreds of homebuyers. The authority said the housing projects that are located in Bhangel Village near Sector 84 were not approved by the [...] Continue Reading »
On Monday, the Noida authority stated that it is considering a proposal to build an 800-metre-long elevated road to ensure seamless connectivity for commuters travelling between Noida and Ghaziabad. This elevated road is proposed to be built above Chhijarsi village and Chhijarsi Crossing along the National Highway-24. This stretch witnesses massive bottlenecks in traffic especially during peak [...] Continue Reading »
On Wednesday, the Noida authority lodged an FIR against the real estate firm Pratham Builders under the sections of fraud, illegal use of government land and sand mining at Sector 58 police station. On Wednesday, the Noida police arrested eight people, who were found illegally mining sand on its project site at Sector 122. They [...] Continue Reading »
The Noida Authority has decided to change the design plan for the proposed 6km elevated road on DSC road, opting to construct the support pillars using Reinforced Concrete Cement (RCC) instead of steel. The move will help to reduce the total cost of construction by Rs 100 crore, officials said. The proposed stretch, which is [...] Continue Reading »
The Uttar Pradesh pollution control board (UPPCB) on Thursday shot off notices to 257 ongoing projects and some established educational institutes in Noida and the Yamuna Expressway region for not procuring pollution or environmental clearances before starting construction. The UPPCB has asked all these 257 buildings to update the UPPCB on the status of their [...] Continue Reading »
The Yamuna Expressway Industrial Development Authority (YEIDA) on Monday said it would borrow funds from the Noida Authority to develop theme parks along the Yamuna expressway. Beside, the authority will acquire farmland, along the highway, from farmers for urbanization. The authorities are looking forward to the construction of the theme park as this would help [...] Continue Reading »
The Noida and Greater Noida authorities have come to decision that they will be buying land directly from farmers for any planned development, including group housing projects. While this will provide help to the farmers get a higher rate of compensation and faster cut down litigation that has slowed down the real estate sector, it [...] Continue Reading »
