Noida
The Delhi Development Authority (DDA) has made plans to maintain its flats for 30 years after allotment has come under flak from the umbrella body of the city’s apartment owners associations. The DDA had decided that it would take care of the maintenance of its flats for 30 years that are allotted as part of [...] Continue Reading »
So many things that make India a very difficult place to invest in and do things are what the moderate response is from the American real estate tycoon Donald Trump to this correspondent who, at a recent event in Dubai, enquired about his investment preferences. But what made Trump react this way? Is it the [...] Continue Reading »
The Supreme Court last Wednesday stated that the real estate firm of Supertech to refund the principle amount to the flat owners who had applied for their refund before April 30th by the end of this month. The firm is going to refund around Rs 35 crore to the allotted people of twin towers Apex [...] Continue Reading »
Supertech, the Noida authority and a group of buyers had filed a petition challenging the Allahabad high court’s order to demolish the twin towers of Supertech’s Emerald Court. The Supreme Court (SC) will hear the Supertech Emerald Court case which involves Noida’s upscale Sector 93A for flouting building norms. To challenge the Allahabad high court’s [...] Continue Reading »
An upcoming housing project, Sports City, in Sector 150 of Noida will have to obtain Environmental Clearance (EC) before the commencement of any work. This was directed by the National Green Tribunal today and the developers of an upcoming housing project, Sports City have to strictly follow that. A green bench headed by Justice Swatanter Kumar [...] Continue Reading »
The Noida authority on Monday said that it had decided to offer Rs 4,000 per sqm to farmers to purchases their land for urbanisation. At present, the authority offers Rs 1,460 for per sqm land. It will approve a proposal regarding the new land rate in its board meeting on Tuesday. The authority has decided [...] Continue Reading »
GRIHA Pravesh Buildteck is developing a luxury project in Noida, comprising garden apartments and penthouses. The project, Griha Pravesh, will have seven towers, 18 stoeyed each, and 501 units. It will comprise two, three and four BHK ultra-luxury homes, garden apartments and penthouses. The size of each apartment will range between 1,175 sq ft and [...] Continue Reading »
Realty firm Supertech has raised Rs. 400 crore from the private equity firm (PE) Xander to finance its upcoming township and housing projects in Gurgaon.The company will develop plots, villas and independent homes in the 140-acre township at an investment of about Rs 1,100 crore. The company said in a statement that Supertech has received [...] Continue Reading »
The Noida Authority has given its requisite approval for the widening of the bridge which flanks across an irrigation drain that flows between Noida and East Delhi. The widening of the bridge underscores an attempt by the Authority to facilitate the decongestion of one of Noida’s busiest road intersections. The work on widening the bridge [...] Continue Reading »
The problems of illegal housing projects are a problem that has to be faced in more or less all cities. The Noida authority has also been facing similar problems of late. Often these constructions are on forcefully acquired lands and the builders do not even have proper papers available that state the ownership of the [...] Continue Reading »
