Noida
The Noida authority has shown the green light for the construction of Wave Group‘s City Center, one of India’s biggest mixed-use residential and commercial developments. Wave Group has brought in the very best in the world with well-known international consultants like SOM, IMXD, FORREC, AECOM, ARUP, and NOSTRI on board to guide this urban development [...] Continue Reading »
Wave Infratech, the real estate arm of Ponty Chadha’s Wave Group, has announced that Noida Authority has approved the master plan for its ambitious Rs 10,000 crore integrated township ‘Wave City Centre‘ at Noida. The integrated mixed-use project would be developed on the land the company had won last year through an auction for about [...] Continue Reading »
According to ranking prepared by real estate data firm Qubrex, Noida has replaced Mumbai as the second-best realty destination of India this year. Gurgaon-Manesar retained the top slot. The rankings are based on parameters like – supply and demand, likely price appreciation in three years, emerging connectivity, potential growth in economic activity, nationally reputed builders, [...] Continue Reading »
Gurgaon, Ghaziabad, Noida and Greater Noida have developed beyond any comparison in the last few years. Realtors have expressed that the construction have been extra ordinary in Noida, which happened to have lots of barren agricultural land till few years back. Being a low lying area, Noida was never a suitable place for farming and [...] Continue Reading »
The Noida Authority has given relief to cooperative group housing flat owners who had failed to get their properties registered after purchasing stamp papers within the Supreme Court’s deadline of January 26, 2012. The Authority has decided to exempt them from paying the penalty of Rs 100 per day for the period after the purchase [...] Continue Reading »
Noida Extension Flat Owners and Members Association, NEFOMA, a flat owners’ association in Noida, has decided to move to the Supreme Court to seek redress of their complaints related to the Noida Extension flats row. The Allahabad High Court had directed to stop development work in Greater Noida till the 2021 Master Plan is approved [...] Continue Reading »
Following the December 5, 2011 Supreme Court ruling directing all nursing homes and banks to move out of residential plots, the Noida Authority had directed them to shut operations. However, when being approached by the displaced nursing homes, the apex court directed the Noida Authority to allot land at reasonable rates within three months. In [...] Continue Reading »
The residents of Noida soon will have to pay water bill as per the meter reading instead of fixed rates. The Noida authority is considering a proposal to install water meters at all premises covering an area of 240 meter square or more. The main objective is to check the wastage of drinking water. Under [...] Continue Reading »
As the development authorities of Noida, Greater Noida and Yamuna Expressway have raised land rates the realtors remain apprehensive about the impact due to the increase. RK Arora, CMD, Supertech, stated that increased land costs would impact the group housing sector and the burden would have to be borne by the investors. Many developers feels [...] Continue Reading »
Ghaziabad is fast becoming one of the hot spots of real estate growth in India. The reason being concerted effort put up by Ghaziabad Development Authority (GDA), UP Awas Vikas, the municipal authorities and various private developers to improve the social and physical infrastructure of the city . The city has witnessed an appreciation of [...] Continue Reading »
