Noida
Concerned over the deepening water crisis and depleting groundwater table, experts say that it may leave Noida almost dry in the next few years. Builders and developers have been extracting groundwater from past few years, which may soon see people struggling for water, say experts. The city has already been placed under the ‘semi-critical’ category [...] Continue Reading »
Due to less supply and delayed monsoon, cement costs rose to Rs 55 per bag across markets. A source said the hike will not stay long since it is due to supply shortage and onset monsoon. South has witnessed a mixed trend with Hyderabad and Bangalore seeing a correction of Rs 5 per bag, and [...] Continue Reading »
Owing to liquidity crisis with its developer, DS Construction, Kundli-Manesar-Palwal Expressway (KMPE) has missed several time limits. Its recent deadline has been set to May 2013 by state governments of Haryana and Delhi after resolving the financial level of the developer. The delay in the project has disappointed many entrepreneurs and realtors who were betting [...] Continue Reading »
The real estate developers of Delhi are resting at ease as the master plan for Greater Noida 2021 gets a step closer to approval. They believe that they would be able to resume construction once the National Capital Region Planning Board (NCRPB) gives the proposal a go-ahead. Though the final clearance from NCRPB is yet [...] Continue Reading »
Resident Welfare Associations (RWAs) across Noida have taken an initiative to survey all the sectors and make residents aware of tenants and servants verification. This move was developed following the murder of a jeweler by his servant on July 2 in sector 50. Vimal Sharma, the president of RWA sector 50, said that, on July [...] Continue Reading »
The National Capital region (NCR) is expected to observe an additional supply of 48 million sq. ft. of office space over the next three years which may lead to fall in rentals, realty consultant Knight Frank said. The majority of the office supply is likely to crop up in Gurgaon and Noida markets while the [...] Continue Reading »
Even after the orders from the state’s chief minister, the police and the concerned authorities of Kolkata turn a blind eye to the encroachment of water bodies. Chief minister Mamata Banerjee had asked the police and Trinamool Congress councillors to check that no water body in their jurisdiction disappears. But this seems to have had [...] Continue Reading »
The Noida authority has issued notices to 44 builders over due in payments of nearly Rs 1410 crore. The Authority had allotted land to those builders on lease for constructing group housing societies. In this regard it had sent several reminders to the builders but to which they did not respond positively. Following this, the [...] Continue Reading »
A warning notice has been issued to all developers who have been carrying out illegal construction activities by the Noida, Greater Noida and Yamuna Expressway authorities. The public notice states that the lease of project will be cancelled and the authority will immediately demolish the structure in case of any violation of rules. Many developers in [...] Continue Reading »
Due to unscheduled and lengthy power cuts and the government’s decision to increase power tariff rates have angered the residents in Noida, as they will be staging a protest outside the power department office on June 28. NP Singh, acting president, Federation of Noida Residents’ Welfare Association (Fonrwa) said due to prolonged and frequent power [...] Continue Reading »
