Latest Realty News

2 lakh sqm govt land freed from squatters
Sep 10, 2014
Noida Authority on Tuesday freed 2 lakh sq metres of government land from illegal occupation along the Noida-Greater Noida main road
Muslims-only apartments coming up in Greater Noida
Sep 07, 2014
Apartments are usually targeted at particular income groups. But a developer inGreater Noida has narrowed down his focus group to a particular community
Yamuna Expressway homebuyers to pay more
Aug 23, 2014
Those who bought land or a flat along the Yamuna Expressway will have to shell out more as the UP cabinet on Friday approved a higher rate of compensation for farmers from whom the land was originally acquired
At Greater Noida, UP govt begins work on creation of industrial township
Aug 18, 2014
The government of Uttar Pradesh has signed an agreement with the Delhi-Mumbai Industrial Corridor (DMIC) Development Corporation for the creation of a Special Purpose Vehicle (SPV), which will oversee the creation of an integrated industrial township spread over 750 acres in the Greater Noida region
26 builders qualify for nine Gr Noida housing plots
Jul 09, 2014
DELHI: In a boost to the finances of the Greater Noida Industrial Development Authority (GNIDA), 26 builders on July 7 qualified in the financial bids for 9 of the 11 group housing plots on offer in Greater Noida. The bids made the authority richer by over Rs 61 crore. Bids of two developers were rejected after scrutiny of their technical papers, said GNIDA officials.
Builder fined for not delivering flats
May 14, 2014
DELHI: In what could tame builders who fail to deliver houses on time, the National Consumer Disputes Redressal Forum has asked realty major Parsvnath Developers to return the entire principal amount paid by two flat buyers with 18% interest and another Rs 7 lakh compensation to each for causing mental agony and harassment because of delay in handing over possession.
Authorities ignore buyers, fail to act against developers
Apr 14, 2014
NOIDA: Supertech’s Emerald Court episode is not an isolated case of alleged illegal construction. In Noida and Greater Noida, scores of buyers have been cheated by developers in cohort with the authorities. Buyers allege that the authorities just issue ‘show-cause notices’ against errant developers without taking any actual action. The apathy of Authority officials leaves the buyers with no option but to move courts for relief.
Pact signed for DMIC, project inaugurated
Mar 09, 2014
LUCKNOW: If everything falls in place, 58,000 jobs would be created through the Integrated Industrial Township project of Greater Noida being developed as part of the Delhi-Mumbai Industrial Corridor (DMIC).
Work on Metro extension set to start soon in Delhi
Mar 06, 2014
DELHI: Work on the much awaited extension of the Metro line to Greater Noida is set to start soon, after approval from the authorities concerned.
Greater Noida West brings opportunity for retail buyers
Mar 01, 2014
DELHI: Commercial property has always been considered a huge investment and preferably a deal made for corporate houses, MNCs, big and foreign investors. Retail players or small buyers always find it too expensive due to location, size and cost. They can hardly get a small office space so they prefer to rent a small office space to run their operations. But for the first time in the NCR, Greater Noida West is offering opportunity for retail and small buyers too. Multiple projects are offering no
Future of real estate seems bright in Greater Noida
Mar 01, 2014
DELHI: Despite the fact that demand in the realty sector is slow to some extent the Greater Noida Industrial Development Authority (GNIDA) has recently announced a 10.21 per cent increase in the allotment price across all categories of land in the city. The new rates will be applicable from April 1, 2014 onwards. However, this is not the first time that such an increase has taken place. The GNIDA follows this practice almost every year. For instance last year too, the GNIDA had hiked the land ra
Registry charges for extra facilities in housing societies set to go
Feb 19, 2014
NOIDA: The stamps and registry department has decided to reduce circle rates, especially in the group housing and commercial categories, as it has failed to achieve the annual target revenue. Senior officials of the stamps and registry department said that they were not able to generate the revenue due to a steep hike in circle rates undertaken earlier.
Noida plans to slash circle rates
Feb 19, 2014
NOIDA: The department has decided to reduce circle rates, especially in group housing and commercial categories, as it has failed to achieve the annual target revenue. Senior department officials said they were not able to generate the revenue due to a steep hike in circle rates undertaken earlier.
Noida Extension flat owners express concern over Allahabad High Court ruling
Feb 09, 2014
GREATER NOIDA: With the Allahabad High Court recently asking the authorities to return land acquired at Patwari village to its original owners, the Noida Extension Flat Owners Welfare Association (NEFOWA) today expressed its concern over the development.
Hinduja group to invest Rs 6,200 crore in India across sectors like real estate and media
Feb 07, 2014
GREATER NOIDA: Looking for opportunities in India despite economic slowdown, diversified Hinduja Group today said it would invest a billion dollars (about Rs 6,200 crore) across sectors like real estate and media.
Mint producer KV Group enters realty business
Jan 30, 2014
DELHI: KV Group, a leading producer of mint, has forayed into the real estate sector with its first housing project in Greater Noida and is expecting a sales realisation of Rs 300 crore over the next three years.
Greater Noida West: Emerging commercial and retail destination
Dec 13, 2013
DELHI : From the day of launch, ‘Greater Noida West’ is the affordable housing destination. But in the coming years, this location will play a major role in developing retail, commercial and IT/ITeS zone for millions too. Vikas Jain, managing director of Sarvottam Group shares his view point.
BS Buildtech launches ‘Vaibhav Heritage Height’ in Noida
Oct 22, 2013
NOIDA: B S Buildtech launches “Vaibhav Heritage Height” which is a luxurious residential development for privileged few, who want the best of ultra-modern living. Uncover the blend of fresh, dynamic and opulent lifestyle with Vaibhav Heritage Height. This masterpiece of architectural creativity is designed to offer an elegant lifestyle. Each home here is distinctive in design that beautifully accentuates the landscape of this community. The lavish and lush ambience, the project design & architec
Cosmic Group all set to launch “Cosmic Cruise”
Oct 16, 2013
NOIDA: Cosmic Group is going to launch the spectacular project “Cosmic Cruise” which is set to become a landmark of North India. A place which is not just designed around work but the work and life balance.
Greater Noida Authority cancels allotment of 1,200 plots
Oct 04, 2013
DELHI: The Greater Noida Authority cancelled allotments of around 1,200 plots on October 1 on account of non-payment of pending dues by their owners. These include 1,173 residential plots in different sectors of the city. Authority officials informed that allotments of 25 industrial plots and 12 institutional plots have also been cancelled.
Abadi land lease starts in Greater Noida
Oct 01, 2013
DELHI: Greater Noida Authority has begun leasing back abadi land to farmers of 39 villages who had been disgruntled over acquisition for industrial development of the area. In the first phase, the Authority has handed back 82,000 sqm of abadi land to 37 farmers of Bisrakh village.
Government land in Noida freed from encroachments
Sep 26, 2013
NOIDA: The Noida Authority on Tuesday freed 20,000 sqm of government land worth about Rs 150 crore from encroachment along the Noida-Greater Noida Expressway. A police complaint was also lodged by the agency against illegal colonizers for criminal conspiracy, cheating, forgery and fraud. One person has been arrested in the case.
Greater Noida authority launches industrial plots scheme
Sep 21, 2013
DELHI: The Greater Noida Industrial Development Authority has launched a scheme offering industrial plots of sizes greater than 2,100 square metres.
Nationalized banks return to fund Noida Extension projects
Sep 10, 2013
DELHI: The Greater Noida Authority is upbeat that the Greater Noida (West) region, formerly Noida Extension, is slowly being removed from the blacklist of banks and they have started showing interest in backing buyers who want to invest in projects in the region. After the land row in 2011, banks had stopped financing such projects due to fears of land acquisition being quashed by the courts.
‘Spire Tec’ is now World Trade Center, Noida
Jul 26, 2013
NOIDA: ‘Spire Tec’ in Noida is North India’s second World Trade Center (WTC) after WTC Manesar (erstwhile Spire Edge), and also a member of an elite global business network that includes more than 330 WTC complexes in 100 countries.

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