Noida
In a July 30, 2014, ruling, the Supreme Court has asked Supertech to reimburse the principal amount paid to the company by the flat owners in Noida’s Emerald Court twin towers by August 30, 2014. In addition to asking Supertech to refund the flat owners’ money, the Supreme Court has also ordered the realty developer [...] Continue Reading »
On Wednesday, notices were issued by the Allahabad High Court to three senior Noida officials, on a contempt petition filed by Brahma Pal, a farmer of Patwari village whose land was acquired in 2008. The three Noida officials to whom notices have been issued include A V Rajamouli, district magistrate of Gautam Budh Nagar; Shishir [...] Continue Reading »
The government’s plan to bring property brokers and agents under the ambit of the proposed real estate regulatory authority (RERA) is good news for the home buyers. However Sanjay Dutt the executive managing director, South Asia of Cushman & Wakefield feels that bringing brokers and agents under the bill is not a bad idea;however he [...] Continue Reading »
Infosys, also known as Infosys Technology formally is a leading multinational corporation which functions in India. It is an expert when it comes to providing consultations on matters of business, information technology, and software engineering as well as outsourcing services. The headquarters of this located in Bangalore of Karnataka and is third largest IT Company [...] Continue Reading »
Because of the sudden increase in the rates of land allotment in Noida, the UP stamp along with the registry department are now ready to increase all circle rates in Noida, Greater Noida and Ghaziabad. From the 1st of August, the circle rates which have been revised will be implemented in Gautam Budh Nagar and [...] 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 »
Towards the illegal construction of farmhouses and concrete structures going on unabated along the Yamuna and Hindon riverbeds in the district, the development authorities of Noida, Greater Noida and Yamuna Expressway seem to have turned a blind eye. The sale of unauthorized farmhouses along the two rivers continues with the authorities taking no concrete action [...] Continue Reading »
Development authorities in UP-NCR have proposed to the state government to provide all approvals to real estate developers in one place so that projects are delivered in time and it becomes easy for buyers to check their legal status. Currently, obtaining NOC from a lot of authorities has been delaying projects. The chairman of Ghaziabad [...] Continue Reading »
Supertech, real estate major, have been asked by the Allahabad High Court’s in recent order to demolish two towers in Noida for violating building laws that has left the residents in the lurch even as the developer grapples to refund their money with 14% interest. There are several other developers in Noida and Ghaziabad against [...] Continue Reading »
It has been quite disappointing to the homebuyers that despite repeated demands to make details of developers public, Noida, Greater Noida and Yamuna Expressway authorities have failed to upload them on their websites. This would have ensured transparency and would have provided assurance to the buyers. As the region is witnessing a boom in realty [...] Continue Reading »
