TRENDS
Chintels Paradiso: Approach consumer forum SC tells residents of towers E, F & G
The court, however, did not dismiss the case and proceeded to tag it with the the other Chintels cases pending before it. The cases are now likely to come up for hearing on September 4
BUSINESS
Over 1 lakh people register for Yamuna Expressway Authority’s residential plots scheme
The scheme offers as many as 1,184 residential plots in three YEIDA sectors. The scheme was launched on August 8 and the last date to apply is September 1.
BUSINESS
MC Policy Next: 3-pronged approach needed to address flooding problem: Madhav Raman
At a panel discussion on Building cities of tomorrow: Sustainable renewal and climate financing at the Moneycontrol Policy Next Summit, the Principal and Co-founder of Anagram Architects said there is a need for a lot more efforts and incentivisation to transition waste into materials
BUSINESS
'Global green bonds at over $2.7 trillion, India’s cumulative issuance of thematic debt now at $30 billion'
The overall thematic debt—which also includes ESG or environmental, social and governance bonds, social bonds, sustainability bonds and green bonds -- is about $3.7 trillion and the bulk of this are green bonds.
BUSINESS
Greater Noida Authority permits registry of 5,200 flats across 19 projects
The registration of 20,000 more flats is likely to be permitted by the Authority in two-three months, and discussions regarding the same are already underway.
BUSINESS
Bhutani Infra to develop a commercial high-street mall in Noida sector 133, to invest Rs 500 crore
The project will cover nearly 3 lakh sq ft in phase 1 and will take 30 months to complete.
BUSINESS
Gurugram officials to inspect homes in licensed colonies for illegal construction
The move comes after repeated complaints about illegal construction and building-norm violations by property owners after getting occupation certificates from empanelled architects
BUSINESS
Noida Authority asks developers to open escrow accounts of delayed projects by August 26 or face action
The CEO also directed officials that information regarding the dues against each developer should be published in newspapers and that boards should be installed at the project site mentioning their liability towards the authority.
BUSINESS
Stuck projects: Noida, Greater Noida authorities told to prepare report on financial implications, possible approaches to address issue
The government may either have to rationalise interest rates on builder dues or give them a moratorium. This would mean having to forgo some portion of the accumulated builder dues.
BUSINESS
Wave Group's 38 shops likely to be auctioned over non-payment of dues
Group had faced similar action earlier; current action follows issuance of fresh recovery notices by authorities.
BUSINESS
Noida Authority board approves Master Plan 2041 for development of New Noida
Apart from approving New Noida master plan 2041, the board also discussed the recommendations of the Amitabh Kant committee on stuck housing projects. Post all necessary discussions, a report containing observations of the authorities will be sent to the state government to decide future course of action, officials said.
BUSINESS
Greater Noida board approves Master Plan 2041, to acquire 40,000 hectares
The GNIDA board has also introduced a one-time-settlement scheme for the allottees of 2,200 flats who had failed to clear their dues to the Authority.
BUSINESS
Nearly 18,000 people register for YEIDA residential plot scheme in 3 days
About 1,184 residential plots are up for grabs in three YEIDA sectors — 16, 17, and 20. The scheme, which opened for applications on August 8, will close on September 1.
BUSINESS
Residents’ bodies in NCR demand more time to upgrade DG sets per new emission norms
They have also said that residential DG sets are not a major polluter, and the government should subsidise this as otherwise it’ll be a financial burden for housing societies.
BUSINESS
Noida to get Rs 12-crore apartments as Bhutani Infra plans Rs 600 crore uber-luxury housing project
Total estimated investment in the project is likely to be around Rs 600 crore. The cost of an apartment is likely to start from around Rs 12 crore.
BUSINESS
UP assembly committee directs Noida Authority to resume work on Sports City project
The Noida Authority has sent notices to two developers and demanded a revised map showing sports facilities of international standard on 70 percent of the land remaining with them.
BUSINESS
All about Yamuna Expressway Authority’s residential plots scheme
The last date to apply for the scheme is September 1. The allotment of plots will be done through lucky draw which will be organised on October 18, 2023.
BUSINESS
Noida, Greater Noida, Yamuna Expressway officials to review Amitabh Kant report, assess stalled projects
Greater Noida and Noida authority boards to meet on August 12 and 13, that of Yamuna Expressway later this month
BUSINESS
Gaurs Group to develop 1,200 mid-luxury flats near Delhi-Meerut Expressway
The group plans to invest as much as Rs 1,000 crore on the project, which will likely be launched by the end of this year.
BUSINESS
UP government makes key changes in Film City project; third global tender to be floated soon
The govt has increased the moratorium period from four to seven years, revenue-sharing relaxed from fixed annual premium of Rs 116 crore to 5% of revenues, and lease period extended from 60 years to 90.
BUSINESS
Noida lift mishap: Residents raise safety concerns, reiterate demand of Lift and Elevators Act
The failure of a lift in a high-rise in Noida led to the death of an elderly woman
BUSINESS
Here’s all you need to know about Greater Noida Authority’s housing lottery scheme
The Authority has announced the sale of 1,495 built-up flats and 77 independent houses.
BUSINESS
Yamuna Expressway Authority launches scheme for 462 flats, eyes Rs 194 crore revenue
The flats are located in Sector 22D, along the Yamuna Expressway, and have been priced between Rs 42 lakh and Rs 43 lakh. An official said the apartments are free of all encumbrances.
BUSINESS
Noida Authority to auction Sector 43 group housing plot next month; top builders, including Birlas, in queue
However, the auction of another group housing plot in Sector 44 may take time as not enough bids have been received for that plot.
