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 : Noida

NGT orders fresh report from Noida authorities on illegal constructions amid environmental violations

04 Aug 2025

The National Green Tribunal recently pushed back on Noida and Greater Noida authorities for failing to produce a current, detailed account of unauthorised building activity in the region. It demanded, within three weeks, a new affidavit identifying specific builders, projects and sites citing developments like Pristine Greens, Krishna Elite Homes, Trinity High Street and others built on agricultural or non-designated land without environmental clearance. Earlier submissions were dismissed as outdated and vague. Violations span dozens of villages and include misuse of services to legitimize illegal development. A comprehensive committee may be appointed to evaluate the situation at the tribunal's direction.Read more

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Noida Metro: Aqua Line expansion to Boraki to ease traffic and support 60,000 daily riders by 2031

02 Aug 2025

The Centre has approved the extension of Noida Metro's Aqua Line to Boraki, a 2.6-kilometer elevated stretch costing INR 416 crore. This extension, expected to be completed within three years, aims to connect the Aqua Line to a proposed multi-modal transport hub at Boraki, integrating rail, bus, and rapid rail services. This development is a key part of a broader strategy to ease road traffic congestion and improve connectivity to the upcoming Noida International Airport from Noida and Delhi. The project, funded by shared contributions from the Centre, Uttar Pradesh government, and a loan, is projected to serve a daily ridership of 60,000 by 2031.Read more

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Paytm appoints Adani arm Manorview as EPC contractor for Noida tech campus

26 Jul 2025

Adani Group's subsidiary, Manorview Developers, has been appointed as the Engineering, Procurement, and Construction (EPC) contractor for Paytm's upcoming IT and ITes complex in Noida's Sector 159. This development follows Paytm's termination of a previous joint development agreement due to non-compliance with NOIDA regulations, leading the company to pursue the 10-acre project independently. The appointment of Manorview Developers signifies a significant step forward for Paytm's complex, originally allocated by the Noida Authority in 2018, and underscores the growing demand for large-scale IT infrastructure in the National Capital Region.Read more

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Adani Ports among bidders for INR 1,200 crore logistics park in Greater Noida's Kappa-2 Sector

24 Jul 2025

Adani Ports & SEZ Ltd, along with Super Handlers and Empezar Logistics, have submitted proposals to develop a substantial 174-acre multimodal logistics park in Sector Kappa-2, Greater Noida. This ambitious project, launched under a GNIDA scheme earlier this year, mandates a minimum investment of INR 1,200 crore and aims to generate over 5,000 jobs. Strategically positioned near the upcoming Noida International Airport and key freight corridors, the park will feature advanced cargo handling facilities, integrating road, rail, and air networks. This initiative is pivotal for boosting Uttar Pradesh's logistics infrastructure and transforming Greater Noida into a unified cargo hub.Read more

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GNIDA struggles to recover INR 4,081 crore from 21 realty projects amid legal roadblocks

24 Jul 2025

The Greater Noida Industrial Development Authority (GNIDA) is facing substantial financial challenges, striving to recover over INR 4,081 crore in outstanding dues from 21 major real estate projects. Efforts to collect these significant amounts are hampered by ongoing legal battles across various courts, including the National Company Law Tribunal (NCLT) and the Supreme Court. Major defaulters identified include Supertech Ltd and Unitech Ltd, whose projects are under judicial supervision.Read more

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SAEL Industries to invest INR 8,000 crore in solar cell and module plant in Greater Noida

19 Jul 2025

SAEL Industries has announced an investment of approximately INR 8,000 crore for establishing an integrated solar manufacturing facility in Greater Noida, Uttar Pradesh. The plant will feature a 5 GW solar cell unit and a 5 GW module manufacturing line, boosting SAEL's overall solar manufacturing capacity to 8.5 GW. The facility will produce advanced TOPCon solar cells and assemble them into modules in-house. Chief Minister Shri Yogi Adityanath has extended his support to the project, which aligns with the state's solar energy policy and vision for renewable energy leadership.Read more

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UP govt grants 14-year 'zero period' waiver to Sunworld City in Noida

18 Jul 2025

The Uttar Pradesh government has granted a 14-year 'zero period' waiver to Sunworld City's stalled township project in Noida, Sector 22D. This relief covers penal interest and dues for approximately 20 unacquired acres that YEIDA failed to provide in 2011. The decision aims to reduce Sunworld City's financial burden and revive the project, which faced issues with fragmented land parcels and legal cases. YEIDA is now required to recalculate dues and issue a fresh demand notice, reflecting government efforts to address administrative lapses in stalled real estate projects.Read more

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Noida upgrades fire safety with CAFS tech for skyscrapers up to 100 floors

18 Jul 2025

With high-rise living on the rise in NCR, Noida's fire department is upgrading its systems for better emergency response. A major boost comes from the Compressed Air Foam System (CAFS), recently tested at the 74-storey Supertech Supernova. Unlike conventional tenders, CAFS can reach up to 100 storeys and uses foam to fight fires more efficiently. At a recent expo, new gear like heat-resistant suits and air-purifying helmets was showcased. UP's MSME Minister announced district-level disaster units and a new digital portal for compliance checks. Backed by INR 30 crore each, Noida and Greater Noida are investing in audits, awareness drives, and robotic fire vehicles.Read more

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Noida Airport zone gets 20-km construction height cap under aviation safety rules

16 Jul 2025

The Airports Authority of India (AAI) implemented strict height restrictions within a 20-kilometre radius of the upcoming Noida International Airport. The directive prohibits any form of vertical construction whether residential or commercial buildings, telecom infrastructure, or even tall trees without securing prior clearance through an official No Objection Certificate (NOC) issued via AAI's NOCAS portal. This action comes amid rising real estate activity around the Yamuna Expressway and Jewar region.Read more

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Gautam Buddh Nagar steps up safety checks near Jewar airport amid flight risk concerns

11 Jul 2025

Authorities in Gautam Buddh Nagar have initiated a comprehensive safety protocol around the under-construction Noida International Airport, aiming to address threats from illegal buildings, waste mismanagement, and wildlife presence within a 10-km radius. The Airport Environment Management Committee (AEMC), led by District Magistrate Manish Kumar Verma, has mandated regular inspections, drainage improvements, and prohibition of unauthorised drone and laser activity. These interventions are deemed critical to ensure safe operations at the greenfield airport project in Jewar, which is nearing the start of its first phase after missing its earlier timeline.Read more

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YEIDA issues final payment notice to Greenbay Infrastructure for Noida township

09 Jul 2025

Greenbay Infrastructure faces a final ultimatum from the Yamuna Expressway Industrial Development Authority (YEIDA) to pay INR 118 crore by the end of July. Failure to meet this demand will lead to the cancellation of land allotment for its 100-acre township in Sector 22D, Noida. The developer has paid INR 40 crore but faces challenges, including unacquired land still under cultivation. YEIDA rejected a sublease request for a commercial plot to clear dues. This follows relief under a 2023 rehabilitation policy, where Greenbay paid an initial INR 110 crore against INR 441 crore recalculated dues but missed later installments.Read more

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Noida Authority challenges state order easing dues for Gardenia project

02 Jul 2025

The Noida Authority is challenging a state government order that lets Gardenia Aims Developers use auction proceeds from 122 sealed flats to meet its 25% upfront payment for dues on a stalled Sector 46 project. The May 29 directive also allows the restoration of a 150-acre commercial plot without fees. The Authority claims this contradicts its December 2023 policy, which requires builders to deposit dues first for relief eligibility. Gardenia owes INR 692 crore and hasn't paid the demanded INR 140.5 crore. The issue is now in court, with the Authority seeking a policy review to ensure alignment with its stalled project resolution framework.Read more

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Noida Authority denies fee waiver for Delhi One project, upholding CIC charge

01 Jul 2025

The Noida Authority has denied Max Estates' request for a INR 67 crore waiver in transfer fees for the stalled Delhi One project in Sector 16B. Max Estates took over the project through a corporate insolvency process approved by the NCLT, offering to pay INR 613 crore in dues over three years to revive it. The Authority accepted the payment plan but ruled that the full transfer charges under its Unified Policy must still be paid, rejecting arguments that the insolvency process justified a waiver. Max Estates has already paid INR 135 crore, with three years granted to complete the project and clear dues.Read more

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New Noida policy to transform aging housing blocks with phased redevelopment model

29 Jun 2025

The Noida Authority has approved a targeted redevelopment policy to upgrade aging group housing societies and EWS units, inspired by Mumbai's urban renewal model. Focused on leasehold properties in sectors like 27, 93, and 93A, the plan allows phased redevelopment via project-specific RFPs. It includes demolishing old EWS flats and replacing them with larger, modern units while offering temporary housing during construction. Developers may sell extra units created through an increased FAR limit of 3.5, up from 2. The policy aims to enhance living standards, optimize land use, and improve infrastructure across older Noida neighborhoods, addressing long-standing urban renewal needs.Read more

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Noida Authority refuses flat registrations in Lotus projects over unpaid builder dues

27 Jun 2025

The Noida Authority has challenged the Allahabad High Court's directive to register flats in Lotus Boulevard Espacia and Lotus 300, citing INR 87 crore and INR 160 crore in unpaid dues by developers Cloud 9 and HPPL, respectively. Despite occupancy certificates, flat registrations remain stalled for buyers who have paid in full. HPPL is under insolvency proceedings, though the court clarified promoters are still liable for scrutiny. The court also directed the Enforcement Directorate to investigate alleged fund diversion by Cloud 9's promoters. While the Authority may escalate the matter to the Supreme Court, buyer groups argue that compliant homeowners should not suffer for developer defaults.Read more

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Saya Group partners with Lemon Tree Hotels to manage BIZTOP suites in Greater Noida

24 Jun 2025

Saya Group has partnered with Carnation Hotels, a Lemon Tree Hotels subsidiary, to manage 336 BIZTOP Business Class Suites at the Saya SouthX project in Greater Noida West. Spanning floors 7 to 25, each 668 sq. ft. suite is designed for business travellers seeking high-quality serviced accommodation. Lemon Tree will bring hotel-grade operations to the mixed-use development, which includes retail, dining, a multiplex, banquet space, and more. Saya SouthX covers 6.8 lakh sq. ft. and targets over 50,000 daily footfalls. The collaboration blends Saya's infrastructure with Lemon Tree's hospitality expertise, reinforcing Saya's footprint in premium commercial real estate.Read more

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High Court restores land rights for Royal Golf Link project in Greater Noida

23 Jun 2025

The Allahabad High Court has reinstated 100 acres of land to the Royal Golf Link City project, overturning its cancellation by GNIDA. The court found GNIDA's revocation flawed, especially since the developer had paid INR 56 crore and was penalised for procedural lapses not of its own making. Crucially, GNIDA allotted land before fully acquiring it from farmers, creating legal confusion. The court ruled that allotments must follow proper acquisition, leading to the suspension of three senior GNIDA officials for negligence. The verdict is expected to influence future land-related disputes and highlights the judiciary's stance on upholding procedural integrity in public land deals.Read more

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Noida Authority demolishes illegal farmhouse on panchayat land in Dalelpur village

19 Jun 2025

The Noida administration recently demolished an unauthorised farmhouse and swimming pool built on 2,000-sqm of panchayat land in Dalelpur village, valued at around INR 2.2 crore. The land has now been reclaimed for constructing a panchayat office and a polling booth. The demolition is part of a larger anti-encroachment drive across Noida, including crackdowns on illegal structures in the Yamuna floodplains and other rural zones, with authorities reclaiming nearly 10,000 sqm of notified land in earlier actions.Read more

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New GNIDA housing scheme offers large plots near Jewar Airport, e-bidding open till July 4

19 Jun 2025

The Greater Noida Industrial Development Authority (GNIDA) has opened applications for a new housing plot scheme near the upcoming Jewar International Airport, aiming to spur residential growth in this high-demand corridor. Three prime plots are up for auction via e-bidding: an 18,215 sq. m. plot in Sector Mu (reserve price INR 97 crore), a 30,000 sq. m. plot in Sector Sigma III (INR 152 crore), and a 3,999 sq. m. parcel in Sector Alpha II (INR 25 crore). Applications close on July 4, with possession granted within 30 days post-allotment. The plots offer excellent expressway connectivity and are poised to benefit from the airport's launch.Read more

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Noida Authority approves co-developer model proposal to fast-track stalled projects

18 Jun 2025

The Noida Authority's board has approved a co-developer proposal for completing three of Supertech Limited's stalled housing schemes in Noida and Greater Noida. This arrangement allows Apex to invest INR 500 crore upfront and fund the remaining work, ensuring dues to the Authority are settled and flats are handed over to homebuyers. The move is contingent on Apex paying 25% of the outstanding land cost. Banks have already blessed the plan, and the Supreme Court is scheduled to review it in August. Homebuyers remain hopeful but stress no further delays or cost escalations.Read more

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