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

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

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

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

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

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

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

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

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

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

18 Jun 2025

The Ghaziabad Development Authority (GDA) has made a renewed pitch for central funding to revive the long-stalled metro extension between Noida Electronic City and Sahibabad. The 5-km Blue Line link, expected to benefit over 500,000 daily commuters from Indirapuram, Vasundhara, and Vaishali, was initially estimated at INR 1,517 crore in 2018. That figure has now jumped to INR 1,873 crore due to price escalation and expanded land acquisition. Having failed to get state backing and NCR loans in previous attempts, the GDA is now eyeing a direct grant through the 16th Finance Commission to kickstart this critical urban mobility link.Read more

16 Jun 2025

Amber Enterprises is set to invest INR 6,000 crore in developing a large-scale electronics manufacturing facility near the upcoming Noida International Airport in Jewar. The facility, planned over 100 acres in Sector 8 allotted by YEIDA, will focus on PCB assembly, consumer electronics, and home appliances. State officials view this as a major leap in Uttar Pradesh's industrial journey, which is being actively pushed under the leadership of Chief Minister Shri Yogi Adityanath. The initiative is expected to generate substantial employment and boost the region's manufacturing ecosystem.Read more

13 Jun 2025

An auction to sell four flats owned by Newtech Promoters & Developers in Greater Noida's La Galaxia project failed to attract any buyers, despite efforts by the Sadar tehsil to recover dues worth INR 5.7 crore under UP-RERA guidelines. The flats had been seized after the developer's prolonged non-compliance with a 2020 recovery certificate that classified the dues as land-revenue arrears. Despite multiple public notifications, no bids were received, prompting officials to plan a rescheduled auction. In a broader crackdown, authorities also sealed the offices of 12 developers in Dadri, who collectively owe over INR 175 crore to UP-RERA. The actions highlight increasing enforcement measures against defaulting builders failing to meet obligations to homebuyers.Read more

09 Jun 2025

The Greater Noida Industrial Development Authority (GNIDA) has initiated the allotment of 40 industrial plots in key sectors such as Ecotech, Udyog Kendra, and Udyog Vihar, aiming to foster entrepreneurship and industrial growth in the region. These plots, varying in size from 450 to 8,000 square metres, are priced between INR 28,600 and INR 33,950 per square metre. Entrepreneurs can establish units under 242 permitted categories, with certain restrictions on specific industries. Additionally, GNIDA has commenced the bulk land allotment process for a Multi-Modal Logistics Park near Dadri, covering 174.12 acres, to enhance logistics infrastructure.Read more

29 May 2025

YEIDA has initiated plans to develop a INR 450 crore tech-hub across 206 acres in Sector-10, near Noida International Airport. Backed by INR 144 crore from the Centre under the EMC 2.0 scheme and INR 340 crore from YEIDA, the hub is set to be completed by January 31, 2028. Havells, the anchor-unit, will invest INR 800 crore on a 50-acre plot to manufacture electrical-goods, creating 1,000 jobs in its first-phase. The project is expected to generate 31,000 jobs in total. The remaining land will host 66 industrial-plots, with 39 acres reserved for roads, green-belts, and infrastructure.Read more

23 May 2025

In a decisive move against unauthorized constructions, the Noida Authority has identified approximately 20 illegal structures across the villages of Gadhi Chaukhandi, Barolla, Salarpur, Basai, and Bhangel. These buildings, erected without requisite approvals on notified lands, have been marked in red with 'illegal' signage and served official notices to caution current occupants and potential buyers. The authority has reclaimed nearly 10,000 square meters of land, valued at approximately INR 30 crore. Demolition drives have been executed in Barolla, Salarpur, and Hajipur villages, targeting under-construction houses and shops built unlawfully. This initiative aligns with Noida's broader strategy to expand its landbank, which includes significant allocations for industrial, institutional, residential, group housing, and commercial developments.Read more

22 May 2025

Bhutani Infra has partnered with Yashoda Hospital to co-develop a large-scale, AI-driven mixed-use project in Greater Noida West, with an estimated investment of INR 1,000 crore, excluding the land cost. The collaboration will result in a futuristic campus featuring a hospital, a 5-star hotel, office and retail spaces. Yashoda Hospital, which owns the 10.25-acre site, will oversee the medical infrastructure, aiming to revolutionise healthcare delivery through predictive and preventive technology. Bhutani Infra, known for several developments in Delhi-NCR, is also co-developing the Noida International Film City with Bayview Projects, promoted by filmmaker Boney Kapoor.Read more

21 May 2025

A Noida civil court has imposed a 100-meter protest-free zone around Jaypee Infratech's Sector 128 headquarters, following a plea by the company's new management, Suraksha Group. The interim order, issued ex parte, comes after homebuyers, awaiting possession since 2010-11, intensified demonstrations over stalled projects. The court limited the no-protest zone to 100 meters, rejecting Jaypee's request for a 500-meter buffer due to insufficient evidence. Homebuyers, represented by the JIL Real Estate Allottees Welfare Society (JREAWS), plan to challenge the order in the next hearing scheduled for July 15, asserting their right to peaceful protest and demanding timely project completion.Read more

21 May 2025

The National Green Tribunal (NGT) has expressed serious concern over 21 real estate developers in Greater Noida West who have failed to disclose the source of water used during construction. This follows a petition filed in 2022 alleging rampant illegal groundwater extraction by builders. Although the Uttar Pradesh Pollution Control Board (UPPCB) issued notices in March 2025, only one developer has complied. The NGT has now directed all defaulters to submit source details within 10 days. The tribunal will review the case on July 29, 2025. The issue highlights the urgent need for stricter environmental oversight in urban construction practices.Read more

20 May 2025

In a decisive move to enforce compliance, the Gautam Budh Nagar district administration has sealed the offices of 12 real estate developers in Dadri tehsil, Noida, for failing to clear dues exceeding INR 175 crore owed to the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA). Despite multiple recovery notices, these builders did not respond, prompting the administration to take action under land revenue laws. Major defaulters include Uttam Steels, Rudra Buildwell Homes, and Ansal Hitech Township. Officials have warned of further actions if dues remain unpaid, highlighting ongoing challenges in recovering funds from non-compliant developers.Read more