SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Ghaziabad

Ghaziabad Development Authority approves master plan, focusing on Transit-Oriented Development

29 May 2025

The Unified Master Plan 2031 for Ghaziabad has been approved by the GDA board, marking a key step in the city's development. The plan spans 33,543.1 hectares and supports Transit-Oriented Development along rapid rail, metro lines, and expressways. Key features include mixed-use zones, a Special Area Development near Duhai, and a revised Madhuban Bapudham layout. The PAHAL portal was launched for property-related services. INR 2,384 crore (USD 286 million) was allocated for acquiring land for the Harnandipuram township, with revised compensation rates. Officials believe these steps will enhance infrastructure, improve urban living, and drive Ghaziabad's planned and sustainable growth.Read more

cover photo

Namo Bharat Station in Ghaziabad launches 24/7 co-working hub for commuters

19 May 2025

The National Capital Region Transport Corporation (NCRTC) marked a new era in the integration of workspace and transit solutions earlier this week with the opening of a contemporary co-working space at Ghaziabad's Namo Bharat Station. The 24/7 accessible space offers 42 open desks, 11 private cabins, and two fully equipped meeting rooms, supported by high-speed internet and IoT-enabled infrastructure. Targeted at professionals, entrepreneurs, and small businesses, this facility aims to enhance commuter convenience by reducing travel time and promoting productivity. This initiative follows NCRTC's ongoing efforts to transform transport hubs into multi-functional, business-friendly environments.Read more

cover photo

UP Housing Board to release over 150 residential plots in Siddharth Vihar, Ghaziabad

09 May 2025

In Siddharth Vihar, Ghaziabad, the Uttar Pradesh Housing Board is getting ready to offer more than 150 residential plots. This township, covering 635 acres along the Delhi-Meerut Expressway, is approximately a 30-minute drive from Noida City Centre and Connaught Place. With ongoing infrastructure developments, including plans for RRTS connectivity and improved road access, Siddharth Vihar is emerging as a promising residential destination. The area has witnessed significant growth, with over 40,000 residents already settled in various housing projects.Read more

cover photo

Prestige Estates to invest INR 10,000 crore in Ghaziabad township project

09 May 2025

Prestige Estates Projects Ltd plans to invest INR 10,000 crore over six years to develop a 62.5-acre township, 'Prestige City, Indirapuram,' in Ghaziabad-its first residential venture in Delhi-NCR. The 10 million sq ft project will include 4,041 residential units and an 8 lakh sq ft mall, with Phase 1 launching 3,421 units and a sales potential of over INR 9,000 crore. Despite a 19% dip in FY24 sales bookings due to project delays, the company saw a 36% rise in average price realisation. With over 300 completed projects, Prestige's new venture signals a strategic push into North India's real estate market.Read more

cover photo

Ghaziabad: GDA to launch online slot system to ease property registration for buyers

22 Apr 2025

The Ghaziabad Development Authority (GDA) will soon implement a slot-based system for property-registration to streamline the process and reduce buyer inconvenience. Currently, buyers face delays and multiple visits, affecting both user experience and GDA revenue. Under the new system, buyers will apply online for a date and time slot after preparing documents as per a checklist, then visit the GDA office at the allotted time. GDA processes over 80 registries monthly and earned INR 312 crore in 2024-25 from property sales, its biggest revenue source. The upgraded property management portal will support the new system, launching in a few months.Read more

cover photo

Ghaziabad's PMAY dreams stall as eligibility hurdles and infrastructure delays persist

17 Apr 2025

In Ghaziabad, the Pradhan Mantri Awas Yojana (PMAY) has encountered significant challenges. Out of 17,875 applications, only 2,760 met the eligibility criteria. Despite the Ghaziabad Development Authority (GDA) preparing 2,000 housing units, beneficiaries remain without homes due to incomplete essential amenities like electricity, water, and roads. Private developers, responsible for 6,150 units, have yet to deliver any. The verification process for applicants has been sluggish, further delaying allotments. While over 88 lakh houses have been delivered under PMAY-U nationwide, Ghaziabad's projects lag.Read more

cover photo

Ghaziabad cracks down on property tax defaulters with a 12% penalty

15 Apr 2025

The Ghaziabad Municipal Corporation (GMC) has initiated a crackdown on more than one lakh property tax defaulters by imposing a 12% fine on unpaid dues. Despite collecting approximately INR 609 crore in the 2024-25 fiscal year, the civic body reported that nearly a quarter of the city's properties had not cleared their house, water, or sewer tax obligations. Earlier rebate schemes failed to yield the desired response, prompting stricter measures. With the tax assessment system now linked to circle rates and other location-based factors, residents are also set to witness a rise in their annual tax bills.Read more

cover photo

Ghaziabad records over INR 2,850 crore in stamp duty revenue with surge in property registrations

14 Apr 2025

Ghaziabad's stamps and registration department has reported a record-high revenue of INR 2,856 crore for the financial year 2024-25, driven by over 1.31 lakh property registrations. The rise, attributed to rapid urbanization and booming real estate in new zones like Raj Nagar Extension and Crossings Republik, accounts for 92% of the district's INR 3,104 crore target. Officials highlighted increased investor interest and efficient registration processes. With the upcoming Master Plan 2031 proposing extensive expansion, the city is poised for further growth in both residential and commercial development.Read more

cover photo

Ghaziabad Development Authority records highest revenue in four years, surpasses target by 23%

07 Apr 2025

The Ghaziabad Development Authority (GDA) has achieved a record revenue collection of INR 1,599 crore in FY 2024-25, exceeding its target of INR 1,294 crore by 23% and nearly doubling the INR 820 crore collected in the previous year. A major portion of the revenue came from the sale and auction of residential and commercial plots, alongside development charges and map approvals. GDA has repaid its loans, eliminating liabilities, and expects additional funds from stamp duty and state government schemes. Officials stated that this financial turnaround will accelerate key infrastructure projects, including the Northern Peripheral Road and a potential Noida-Sahibabad metro extension.

cover photo

Ghaziabad civic body to act against 94,920 property tax defaulters

04 Apr 2025

The Ghaziabad Municipal Corporation is set to take action against 94,920 property owners who have defaulted on property tax payments for FY 2024-25, leading to a revenue shortfall of INR 40-45 crore. Defaulters will face a 12% interest charge on the outstanding amount from April 1, with potential consequences such as property sealing and disconnection of water and sewer services. Meanwhile, the civic body has approved its highest-ever budget of INR 3,722 crore for infrastructure development. Separately, the draft Master Plan 2031 has been delayed further as the Ghaziabad Development Authority (GDA) has invited public objections over 65 drafting errors. The plan, intended to replace the 2021 master plan, has been in development since 2018-19 and awaits final approval from the Uttar Pradesh government.

cover photo

Ghaziabad farmers to receive four times the circle rate for Harnandipuram land

03 Apr 2025

The Ghaziabad district administration has approved compensation for farmers whose land will be acquired for the Harnandipuram township at four times the existing circle rates. The compensation varies across five villages, with rates ranging from INR 1,020 to INR 7,200 per square meter. The project is part of an INR 15,000 crore initiative backed by the government, with INR 400 crore already allocated. Additional benefits, including developed plots in exchange, will also be proposed to affected farmers.

cover photo

Ghaziabad Housing: GDA allocates INR 418 crore to redevelop Tulsi Niketan's deteriorating flats

31 Mar 2025

GDA has allocated INR 418 crore to redevelop 2,004 EWS and 288 LIG flats in Tulsi Niketan, a deteriorating township near Delhi. Built in the 1990s, the complex has suffered years of neglect, prompting a 2019 safety audit by Jamia Millia Islamia, which found 90% of the flats to be unsafe. The redevelopment follows a PPP model, with the builder financing construction in exchange for a saleable area. Residents will relocate temporarily, with the developer covering relocation costs. However, ownership disputes remain a major hurdle, as most flats lack proper registration, complicating efforts to move forward with the project.

cover photo

Ghaziabad Development Authority raises FAR limit to 80% for small industrial plots to boost SMEs

28 Mar 2025

The Ghaziabad Development Authority (GDA) has increased the Floor Area Ratio (FAR) to 80% for industrial plots up to 500 square meters, allowing businesses to expand vertically. Previously, the FAR was capped at 1.5 with 60% ground coverage, limiting operational space. The new policy aims to benefit SMEs by maximizing land use, reducing costs, and improving productivity. Similar initiatives in West Bengal and Telangana highlight the trend of optimizing industrial land. This move is expected to stimulate industrial growth, generate employment, and support economic development in Ghaziabad's industrial sector.

cover photo

D-Mart leases 35,000 sq. ft at Migsun Mi Gente Mall, expanding footprint in Ghaziabad

26 Mar 2025

D-Mart has leased a 35,000 sq. ft space at Migsun Mi Gente Mall in Ghaziabad, marking its continued expansion in the National Capital Region (NCR). Located in Raj Nagar Extension, the mall offers excellent connectivity and high footfall, making it ideal for D-Mart's focus on affordable groceries and daily essentials. This move aligns with the retailer's strategy of targeting high-density residential areas. The retail real estate market in Ghaziabad is experiencing strong growth, with malls attracting major brands. D-Mart's entry further highlights the increasing demand for large-format stores in well-connected, urban centers.

cover photo

Ghaziabad: GDA introduces special amenity fee for properties near metro and Namo Bharat corridors

25 Mar 2025

The Ghaziabad Development Authority (GDA) has introduced a special amenity fee for commercial and mixed-use properties within 500 meters of the Namo Bharat and metro corridors, under the UP Urban Planning and Development Rules 2024. This fee, set at 25% of the development charge, applies to shops, malls, and other commercial establishments near transit hubs, promoting transit-oriented development (TOD). Developers can pay in installments for plots over 10,000 sq meters, with interest rates of 12% annually and 15% penalty for late payments. The initiative aims to boost revenue and support urban infrastructure and commercial growth along key transport corridors.Read more

cover photo

Ghaziabad Development Authority expands jurisdiction to 77 villages along expressways

24 Mar 2025

The Ghaziabad Development Authority (GDA) has approved the assimilation of 77 villages along the Delhi-Meerut Expressway and Eastern Peripheral Expressway to regulate rapid urbanization and infrastructure growth. This move includes 51 villages near Modinagar, Loni, and Baghpat, and 26 villages near Ghaziabad city. The GDA also addressed plot relocations in Madhuban Bapudham and approved fair land allocation for farmers. Similar expansions in cities like Chandigarh and Tambaram highlight the importance of structured urban planning. By integrating these villages, GDA aims to ensure systematic development, curbing unregulated growth and enhancing the region's infrastructure.Read more

cover photo

Ghaziabad Municipal Corporation approves property tax hike, smart parking system, and vending fee reforms

17 Mar 2025

The Ghaziabad Municipal Corporation (GMC) has introduced key reforms, including an annual property tax hike of INR 4,000-5,000, revised vending fees, and a smart parking system linked to mobile apps. New property tax rates will be based on road width and DM circle rates, with rates set at INR 4 per sq ft for properties on roads wider than 24 meters. The Integrated Parking Management System (IPMS) will provide real-time parking availability, tiered pricing, and upgraded facilities. GMC also introduced designated vending zones, following models from Delhi, Pune, and Bengaluru, to enhance urban management.Read more

cover photo

Uttar Pradesh Infrastructure: Ghaziabad's transit-oriented development stalled as Master Plan 2031 awaits approval

05 Mar 2025

The development along major transport corridors in Ghaziabad continues to face delays as the Uttar Pradesh government has yet to approve the Unified Master Plan 2031. The master plan covers an area of 33,543.1 hectares and is designed to support an estimated population of 4.81 million by 2031. The plan aims to regulate development around rapid rail, metro, and expressway corridors. The Ghaziabad Development Authority (GDA) had previously revised the draft multiple times, incorporating transit-oriented development (TOD) zones and public feedback. The Unified Master Plan 2031 covers a total developed area of 33,543.1 hectares across Ghaziabad, Loni, and Modinagar/Muradnagar, which has been divided into 15 zones, with their respective zonal plans to be formulated in phases.Read more

cover photo

Ghaziabad Development Authority cuts Harnandipuram Township area by 150 hectares

19 Feb 2025

The Ghaziabad Development Authority (GDA) has reduced the proposed Harnandipuram township project from 521 hectares to 371 hectares, citing financial limitations. The project will now exclude land from three villages-Shahpur Morta, Bhowapur, and Morta-while focusing on acquiring 127 hectares from five others. Land acquisition costs are estimated at INR 5,000 crore, with total development costs reaching INR 10,000 crore. A six-member panel will oversee the process to ensure fair land rates. The GDA aims to proceed with phased development while addressing financial and logistical challenges.Read more

cover photo

Ghaziabad: GDA conducts drone surveys to improve land records for Madhuban Bapudham housing scheme

18 Feb 2025

The Ghaziabad Development Authority (GDA) is using drone technology to survey the Madhuban Bapudham housing scheme as part of a land audit, aiming to improve accuracy in land records. The scheme, launched in 2014, covers 1,234 acres and 2,750 plots. The drone survey will help correct mapping errors, including plots mistakenly allocated on crematorium land. Traditionally, manual zonal maps led to discrepancies, but digital integration will enhance precision. GDA officials assured affected allottees of reallocation. This technological upgrade aims to ensure transparency, reduce errors, and establish a reliable digital land record system for improved urban planning and development.Read more

cover photo