Noida property
A new commercial project called ‘Centrade Business Park’ has recently been launched by Krasa International Pvt Ltd in Sector-140, Noida. The project is a state-of-the-art IT/ITES Park project which will apparently set new benchmarks for commercial properties. The sprawling new project launched by Krasa is spread out in a 5-acre land area; with the distinct [...] Continue Reading »
With the National Green Tribunal (NGT) having banned construction work in the ecologically sensitive zone within the 10km periphery of the Okhla Bird Sanctuary, uncertainty surrounds the affected realty projects in Noida; and realty buyers and investors in the mentioned region are incurring losses on their investments. The NGT’s order to stall construction in the [...] Continue Reading »
The real estate body of Noida has proposed to Narendra Modi, after his sweeping election victory, that a single window clearance system be introduced for clearing new projects. The real estate sector has been an under-performer for long, and the time taken for clearing new projects has been a significant reason behind this. Mithas, managing [...] Continue Reading »
After a lot of issues regarding the groundwater usage by the developers of the Noida, the Noida authority has now forced the builders to get no objection certificate from the central groundwater authority( CGWA) to get their building plans sanctioned. It is made mandatory for the builders who are constructing projects including residential, commercial, institutional [...] Continue Reading »
The construction work by various real estate developers in Greater Noida was disrupted due to the protests by hundreds of farmers from 39 villages. The agitators dismantled sheds of various developers in Greater Noida East. A leader from the farmer’s association told that they held panchayat at Bisrakh village and decided to halt the construction work [...] Continue Reading »
Carrying cash was always an age old problem be it for mugging or any other illegal activity. As the upcoming polls are on its way, it brings lots of tension to Noida property buyers also. Buyers in the city can not freely carry more cash for property registrations. There has been a cap set for [...] Continue Reading »
According to a market researcher, a total of Rs 3,000 crore has been put at stake which comprises about Rs 900-1,000 crore of individual investors and rest between developers and financial institutions. The worst affected among the four namely — the builders, banks, investors and farmers — are middle class investors. In the eye of [...] Continue Reading »
