August 21, 2023: The Noida Authority has decided to formulate a scheme to address the challenges faced due to delayed real estate projects, mentioned a Hindustan Times report. The authority aims to draft the … READ FULL STORY
A local fund audit (LFA) report tabled by the finance department in the Uttar Pradesh Legislative Assembly on August 8, 2023, has flagged financial irregularities of Rs 2,313 crore in the three industrial development … READ FULL STORY
June 28, 2023: The Enforcement Directorate (ED) on June 27, 2023, arrested RK Arora, chairman of real estate developer Supertech and the chairperson of National Real Estate Development Council (Naredco), from his Delhi office. … READ FULL STORY
June 7, 2023: The New Okhla Industrial Development Authority (Noida Authority) launched a crackdown on illegal farmhouses and structures constructed on the Yamuna riverbed and has demolished 32 structures, stated a Moneycontrol report. According … READ FULL STORY
The Noida Authority has released a list of 21 real estate projects wherein the subleased deeds or registries of 1,107 flats in 21 group housing projects can be executed but are held up by … READ FULL STORY
May 8, 2023: The Noida Authority has sealed over 100 unsold flats of three housing projects over non-payment of dues by the builders amounting to Rs 1,086 crore. The action was jointly taken by … READ FULL STORY
The Uttar Pradesh government has asked industrial development authorities not to launch any plot schemes before completing land acquisition. On May 1, 2023, an order to this effect was issued by Nidhi Srivastava, special … READ FULL STORY
The Noida authority will acquire 21,000 hectare of agricultural land across 86 villages of Bulandshahr and Gautam Budh Nagar district for the New Noida project, a part of the draft Master Plan 2041. The … READ FULL STORY
Noida authority, in a move to ensure transparency in property dealings has released a list of 58 realty projects which have defaulted on land cost payments to the government. The Noida authority has cautioned … READ FULL STORY
Noida Authority has decided to sell 340 homes under a 2023 group housing scheme. A decision in this regards was taken in the 208th board meeting of Noida Authority on December 29, 2022. Recently, … READ FULL STORY
Three-and-four-storey buildings in Noida may soon start building lifts with the Noida authority giving an approval to a proposal to this effect in its December 2022 board meeting, The Times of India reported. A … READ FULL STORY
Noida authority has launched a new group housing scheme for realtors who want to develop housing facilities in the city. The group housing plots are situated in sector 44 and sector 45, where land … READ FULL STORY
In a move that enables land-owning authorities in Noida and Greater Noida regions, the Supreme Court (SC) on November 7, 2022, recalled its 2020 order, capping the rate of interest at 8% on land … READ FULL STORY
