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Ashish Mishra

Prinicipal Correspondent

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Yamuna Expressway Authority likely to develop new residential sector near Noida Airport

BUSINESS

Yamuna Expressway Authority likely to develop new residential sector near Noida Airport

The sources said the upcoming residential sector is likely to be named Sector 5 and will be close to the upcoming Noida International Airport. Nearly 1100 hectare land is likely to be acquired for this purpose.

Registration for DDA’s housing scheme offering luxury penthouses to start from November 24

BUSINESS

Registration for DDA’s housing scheme offering luxury penthouses to start from November 24

The Authority will charge a nominal registration fee for potential buyers to apply in the scheme. The DDA will soon issue a notification to this effect and also make available the link for application on its website.

Senior living segment to see demand for 2 lakh units of specialized housing in next few years: ASLI

BUSINESS

Senior living segment to see demand for 2 lakh units of specialized housing in next few years: ASLI

According to ASLI, there are currently 50 senior living projects in process from the top 10-12 players and 60 percent of which are in tier II cities this shows the rising demand even in tier II-III cities.

Five things to know about DDA’s biggest festival housing scheme offering 32,000 flats

BUSINESS

Five things to know about DDA’s biggest festival housing scheme offering 32,000 flats

Registration for the scheme will start from next week and the date will be announced soon, DDA officials said. The flats will be located in Dwarka, Loknayak Puram and Narela

Realtors’ body CREDAI-NCR requests Centre’s air quality panel to lift ban on construction activities

BUSINESS

Realtors’ body CREDAI-NCR requests Centre’s air quality panel to lift ban on construction activities

The developers say their losses have run into several hundreds of crores. Also, they fear that construction labour that is sitting idle, might head back home, causing further disruption in the schedules, thereby delaying projects further.

Greater Noida Authority floats commercial plot scheme for shopping malls, hotels in six sectors

BUSINESS

Greater Noida Authority floats commercial plot scheme for shopping malls, hotels in six sectors

In all 22 commercial plots are being offered in eight sizes for reserve prices between Rs 21.94 crore and Rs 109.1 crore.

Delhi fines NCR builders Rs 1.2 cr, forms inspection squads to fight pollution

BUSINESS

Delhi fines NCR builders Rs 1.2 cr, forms inspection squads to fight pollution

The enforcement squads are also checking other violations such as burning of garbage, use of coal and plying of diesel trucks and BS IV diesel vehicles.

How Smart City projects are changing real estate dynamics in Hubballi, Karnataka

BUSINESS

How Smart City projects are changing real estate dynamics in Hubballi, Karnataka

Under the smart cities mission, the green mobility corridor has been developed on a 4.5-km stretch above the Unkal nullah (drain), where the HDSCL has taken measures to stop flooding in the surrounding areas. It has also developed a non-motorised transport network all along the drain. Similarly, the Tolankere lake has been redeveloped and citizen centric amenities have been provided under the initiative.

Balcony collapse in Gurugram's Chintels Paradiso Housing Complex raises safety concerns again

BUSINESS

Balcony collapse in Gurugram's Chintels Paradiso Housing Complex raises safety concerns again

This housing complex gained public attention earlier in 2022 when a segment of the sixth floor of Tower D collapsed, tragically resulting in the loss of two lives.

Yamuna Expressway Authority likely to extend deadline of group housing scheme by 2 weeks

BUSINESS

Yamuna Expressway Authority likely to extend deadline of group housing scheme by 2 weeks

Under the scheme, six group housing plots are being offered in different categories. The sizes of these plots range between 20,000 square metre (sqm) and 40,000 sqm. The reserved price of plots has been fixed between Rs 61.5 crore and Rs 135.3 crore depending on the size and location.

5,741 flats registered in Greater Noida between January and September, up 30 percent

BUSINESS

5,741 flats registered in Greater Noida between January and September, up 30 percent

GNIDA said that registries of 4,398 flats were executed last year between January 1 and September 30. According to estimates, currently there are 80,000 to 90,000 registries pending in Greater Noida on account of different reason including builder dues.

Chintels Paradiso case: Residents want solution on lines of Signature View Apartment case, demand reconstruction of flats

BUSINESS

Chintels Paradiso case: Residents want solution on lines of Signature View Apartment case, demand reconstruction of flats

In the Delhi housing society case, the builder was ordered to rebuild the flats and compensate evicted residents for rent.

Here’s what you should know about DDA’s Diwali housing scheme

BUSINESS

Here’s what you should know about DDA’s Diwali housing scheme

According to sources, the DDA is likely to offer around 32,000 flats of different categories. However the number of flats on sale may be increased or decreased at the time of launch.

Yamuna Expressway Authority floats scheme for plots for hotels near Noida International Airport

BUSINESS

Yamuna Expressway Authority floats scheme for plots for hotels near Noida International Airport

The scheme will close on November 20. The plots will be allotted through e-auction on November 29. Successful bidders will have to complete the first phase of work within three years while the entire project will have to be completed within five years

Smart City Mission transforming Hubbali and Belagavi in Karnataka

BUSINESS

Smart City Mission transforming Hubbali and Belagavi in Karnataka

Both cities have completed a majority of the projects planned under the smart cities mission, and include unique initiatives such as a Mahila Bazar and a therapy centre for specially-abled children.

Nearly 2,300 DDA flats sold 100 days after launching housing scheme

BUSINESS

Nearly 2,300 DDA flats sold 100 days after launching housing scheme

DDA announced several measures such as allowing existing homeowners to buy a second property, combining apartments and organising site visits, all of which added to the lure of the project.

Yamuna Expressway authority may roll out 2,000 more plots as previous scheme turns a hit

BUSINESS

Yamuna Expressway authority may roll out 2,000 more plots as previous scheme turns a hit

On October 18, the authority had held a draw for 1,184 residential plots in three different sectors. As many as 1.4 lakh people had applied for the plots located in YEIDA sectors 16, 17 and 20, along the Yamuna Expressway.

Rapid rail inauguration may boost property prices along route in Ghaziabad

BUSINESS

Rapid rail inauguration may boost property prices along route in Ghaziabad

Price appreciation will also depend on factors such as the law and order situation in the area, last-mile connectivity and civic amenities, experts say

7 things to know about DDA’s mega auction for 453 properties

BUSINESS

7 things to know about DDA’s mega auction for 453 properties

The reserve prices are set around the circle rates, which is seen as a good strategy to attract a large number of bidders.

Haryana govt approves policy to convert residential plots to commercial, move may boost property prices

BUSINESS

Haryana govt approves policy to convert residential plots to commercial, move may boost property prices

The property owners will have to pay conversion charges as defined by the town and country planning department along with other charges

Chintels Paradiso: Gurugram administration asks developer to conduct safety audit of A, B, C towers

BUSINESS

Chintels Paradiso: Gurugram administration asks developer to conduct safety audit of A, B, C towers

The administration also issued instruction to expedite the process of settlement with affected homebuyers.

Yamuna Expressway Authority launches scheme to allot 119 industrial plots

BUSINESS

Yamuna Expressway Authority launches scheme to allot 119 industrial plots

The scheme is being offered in Sectors 28,29,32 and 33. The plots will house toy parks, handicrafts and furniture manufacturing units. The scheme closes on October 27.

Five things to know about Yamuna Expressway Authority’s group housing plot scheme

BUSINESS

Five things to know about Yamuna Expressway Authority’s group housing plot scheme

The last time YEIDA had allotted group housing plots was in 2014.

Yamuna Expressway Authority likely to float global tender for MRO unit at Jewar airport by Oct-end

BUSINESS

Yamuna Expressway Authority likely to float global tender for MRO unit at Jewar airport by Oct-end

The land allotment process is likely to begin by year-end, said officials of YEIDA.

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