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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
20 May 2025
The district administration in Dadri, Noida, has recently sealed the offices of 12 real estate developers due to unpaid dues exceeding INR 175 crore to UP-RERA. Despite repeated recovery notices, these builders failed to comply, prompting strict enforcement actions. Key defaulters include Uttam Steels and Associates, Rudra Buildwell Homes, and Ansal Hitech Township. This move reflects a broader issue, with over 100 projects in the area collectively owing more than INR 500 crore. Recovery efforts face significant challenges, especially involving builders based in Delhi, highlighting the need for improved inter-state coordination and stronger regulatory measures to safeguard homebuyers and ensure accountability in the real estate sector.Read more
20 May 2025
State-owned NBCC (India) Ltd has successfully generated INR 1,468 crore by selling 446 apartments in Noida through an e-auction. According to a regulatory filing made earlier this week, the company disclosed that these residential units were part of the Aspire Silicon City project located in Sector-76, Noida. The transaction is expected to aid NBCC in repaying debts incurred for completing stalled projects under the Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE), a scheme initiated under the directive of the Supreme Court. The sale also entitles NBCC to a 1 per cent marketing fee based on the total transaction value.Read more
15 May 2025
The Noida Authority is set to issue notices to approximately 250 farmhouse owners for constructing permanent structures on the Yamuna floodplains, areas designated solely for agricultural use. While land transactions are not prohibited, any non-agricultural construction is illegal. Since May 2022, the Authority has demolished around 200 such structures, though many owners obtained stay orders from the Allahabad High Court, temporarily halting further action. Aerial surveys using drones have been initiated to identify new illegal constructions, with plans for a large-scale enforcement campaign.Read more
15 May 2025
The Noida Authority is set to unveil two major infrastructure projects: the Bhangel Elevated Road and its new administrative headquarters in Sector 96. The 5.5 km, six-lane elevated road-built over the DSC Road at a revised cost of INR 608 crore-will ease traffic between Noida and Greater Noida by bypassing congested areas like Chhalera and Bhangel. Meanwhile, the Authority's twin-tower HQ, spanning six acres and revised to INR 304 crore after design flaws and contractor delays, is also nearing completion. Despite repeated setbacks, both projects aim to improve connectivity and governance, signaling Noida's push toward efficient urban infrastructure and administration.Read more
14 May 2025
The Noida Authority has intensified its efforts to recover INR 277 crore in outstanding dues from Sikka Infrastructure, pertaining to a group housing project in Sector 143B. Despite multiple notices and enforcement actions, including the sealing of 31 flats and the threat of legal proceedings, the developer has failed to comply. Consequently, the Authority has initiated proceedings under land revenue laws and filed a formal complaint with the Economic Offences Wing. The developer has also been disqualified from availing benefits under a state policy aimed at reviving stalled real estate projects.Read more
08 May 2025
The Gautam Budh Nagar administration has launched a district-wide survey to identify feasible locations for EV charging stations in Noida's residential societies. Directed by ADM Atul Kumar, the initiative involves coordination between UPPCL, NPCL, and RWAs/AOAs to resolve infrastructure gaps and resident disputes over EV charger installations. Many societies currently lack designated parking or electrical capacity, leading to rising friction amid increasing EV adoption. The Noida Authority has also mandated EV charging provisions in all new residential building plans. The survey aims to ensure safe, accessible, and future-ready charging infrastructure, marking a step forward in the city's sustainable mobility efforts.Read more
05 May 2025
The Noida Authority has begun returning 31 hectares of residential plots to farmers in Begumpur, Sector 145, ending a two-decade land dispute. Originally acquired in 2007, the land faced prolonged legal battles, culminating in a Supreme Court ruling in 2022 upholding the acquisition with updated compensation terms. Officials confirmed that legal clarity has now been achieved, and demarcation activities were carried out under heavy security. Around 2,200 farmers are expected to benefit. The move is seen as a major step towards resolving long-standing acquisition issues and restoring trust among affected communities while supporting Noida's continued urban development initiatives.Read more
29 Apr 2025
AML RightSource, a U.S.-based firm specializing in financial crime prevention and third-party compliance, has leased 157,000 sq ft at Max Square in Noida to establish a Global Capability Centre (GCC). This move is part of a broader trend of multinational companies expanding their operations in Noida, driven by infrastructure developments like the upcoming Jewar Airport. The leasing activity in Noida has been bolstered by increased demand from the IT-BPM sector, which accounted for 45% of the gross leasing volume in the first quarter of 2025.Read more
29 Apr 2025
The National Green Tribunal (NGT) has issued an interim order prohibiting any illegal construction in Jaypee Wishtown, a township in Noida. The order addresses allegations of unauthorized developments in the green zone of the township, which is situated on the Yamuna riverbed and falls within the Okhla Bird Sanctuary's eco-sensitive zone. The NGT directed local authorities to prevent such activities and barred Jaypee Infratech Ltd from proceeding with construction in violation of environmental norms until the next hearing scheduled for August.Read more
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25 Apr 2025
The Noida Authority has issued a warning to apartment owners' associations (AOAs) that their registrations may be canceled if they persist in discharging untreated sewage into stormwater drains. This directive follows a series of fines and FIRs against societies for environmental violations. Recent inspections revealed non-compliance at societies such as Lotus Panache and Maharishi Ashram, prompting action such as sealing sewer lines and FIR proceedings. Additionally, the Authority has directed FIRs against seven societies operating without functional sewage treatment plants. The move highlights Noida's commitment to ensuring better environmental management in residential areas.Read more
24 Apr 2025
The Yamuna Expressway Industrial Development Authority (YEIDA) recently launched a scheme offering 276 residential plots in Sector 18, Noida. These plots, measuring 200 square metres each, are priced at INR 35,000 per square metre, marking a 35% increase from previous rates. Applicants can apply until May 21, with a draw set for July 11. A 10% registration fee is required, and the remaining amount must be paid within 60 days. This scheme is part of YEIDA's wider plans, which include upcoming plots for group housing, industrial, commercial, and hotel projects near the Noida International Airport.Read more
21 Apr 2025
In a significant move to expedite land compensation, the Yamuna Expressway Industrial Development Authority (YEIDA) has initiated the issuance of reservation letters for 7% abadi (residential) plots to farmers at the time of land acquisition settlements. This approach ensures that farmers are informed about the exact location and size of their allotted plots during the acquisition process. A verification committee comprising officials like the deputy collector and tehsildar will oversee the scrutiny and finalization of these allotments. The final allotment letters are set to be dispatched within 90 days, with development work on the plots expected to conclude within eight months. This initiative aims to streamline the compensation process and address longstanding grievances related to delays in plot allotments.Read more
17 Apr 2025
The Noida Authority has launched a INR 400 crore dedicated corpus fund to support the city's municipal services amid concerns about declining revenue from land sales and lease rent. Currently spending INR 1,500 crore annually on civic upkeep, the Authority aims to create a financial buffer for long-term sustainability. The fund will be built using one-time lease rent payments from property owners and was approved by the Noida Board on March 28. With rising urban costs and limited land inventory, officials say the move ensures uninterrupted services like sanitation and lighting-serving as a model for other Indian cities facing similar fiscal challenges.Read more
14 Apr 2025
The Noida Authority has filed FIRs against seven housing projects across various sectors for serious violations of environmental regulations, particularly regarding sewage and solid waste treatment. Six of the projects have also been slapped with fines amounting to INR 1.15 crore in total. The action follows inspections that revealed untreated wastewater being discharged into stormwater drains, in violation of pollution control laws. The move comes in line with directives from the National Green Tribunal. However, some residents' associations argue that they are complying with all waste and sewage management norms.Read more
11 Apr 2025
The National Green Tribunal (NGT) has directed the Greater Noida Industrial Development Authority (GNIDA) to take action against ongoing illegal constructions in violation of environmental norms. The order follows a petition alleging that numerous houses, shops, and commercial establishments were being built without the necessary green clearances in Greater Noida and Noida. Despite previous directives in December 2024 to halt such projects, illegal constructions continued. The NGT has asked GNIDA to identify these projects and enforce appropriate action, with a comprehensive report to be filed by the authorities.
08 Apr 2025
The Noida Authority has recovered INR 533.91 crore by enabling the registry of 3,620 flats across 27 long-stalled housing projects under the Uttar Pradesh government's December 2023 policy aimed at resolving legacy real estate disputes. Of these, registries for 2,726 units have already been completed, granting legal ownership to homebuyers. The policy offers interest waivers for developers affected by the Covid-19 pandemic and National Green Tribunal (NGT) restrictions, incentivising them to clear dues and expedite registries. Promoters who pay at least 25% of their dues are granted permission for registration and qualify for further waivers.
04 Apr 2025
The Stamps and Registration Department in Noida recorded an 18% year-on-year increase in revenue for FY 2024-25, collecting INR 4,230 crore compared to INR 3,575 crore the previous year. This marks the highest revenue collection in a decade, though it fell short of the INR 4,880 crore target, achieving 86% of it. The rise was attributed to increased property registrations, particularly of flats in stalled group housing projects, following a two-year zero-period waiver under the Uttar Pradesh government's rehabilitation package. To boost collections, offices remained open on weekends, registering 18,405 flats, including nearly 12,000 from stalled projects.
02 Apr 2025
The Lucknow Development Authority (LDA) has approved freehold ownership for over 4,000 rented properties in colonies like Nirala Nagar and Rajendra Nagar, granting rights to original tenants or current occupants if heirs are absent. The move aims to resolve long-standing tenancy issues and boost property ownership. Nearly 1,500 properties in Transport Nagar will also be converted to freehold, with penalties for land-use violations. LDA also launched a discount scheme offering 3-6% off for lump sum payments made within 45-90 days. This initiative is expected to enhance legal clarity, attract investment, and strengthen Lucknow's real estate market by encouraging stable, long-term ownership and improving buyer confidence.Read more
02 Apr 2025
The Greater Noida Authority has raised land rates by 5% across all categories, impacting residential, commercial, and industrial plots. For residential areas, the rate increased from INR 47,227 per square meter to INR 49,588. The hike also affects builder plots, commercial, and institutional rates. Additionally, a penalty waiver for unregistered flats has been introduced, and a substantial budget of INR 5,600 crore has been allocated for land acquisition and infrastructure development for the 2025-26 financial year.
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