News

Stay indoors, switch off ACs: Neighbours prepare for Supertech twin towers’ test Blast

NOIDA: Residents of Emerald Court and the societies around it in Sector 93A have been asked to stay indoors for half an hour from 2.15pm on Sunday, when a test blast would be carried out on the twin towers. Traffic on the approach road will come to a halt, vehicles will be moved out and […]

Advisory issued for test blast at Supertech twin towers in Noida

Edifice Engineering and Jet Demolitions, the firms chosen by the Noida authority to demolish the Supertech twin towers, have issued an advisory to residents in neighbouring areas ahead of the test blast at the site in Sector 93A in Noida on April 10 (Sunday). The 32-storeyed Supertech twin towers — Apex and Ceyane — are […]

Greater Noida authority decides to redevelop Kasna and Surajpur villages

The Greater Noida authority has decided to redevelop two of the city’s old villages –Kasna and Surajpur –whose residents are facing multiple issues such as bad roads, overflowing drains, sanitation problems and choked sewers, officials said Friday. The authority’s chief executive officer Narendra Bhooshan inspected Kasna and Surajpur along with the staff and prepared a […]

Delhi-NCR sees over 2.5 fold jump in office leasing during Jan-Mar: Report

NEW DELHI: The gross leasing of office space in Delhi-NCR market jumped more than 2.5 times to 1.8 million square feet during January-March on improved demand from corporates and co-working operators, according to Colliers. Office leasing stood at 7,00,000 square feet in the January-March period of last year. The new supply of office space fell […]

Delhi: DDA launches phase-II for 5,382 in situ flats in Kalkaji slums

NEW DELHI: After developing 2,800 EWS flats at Kalkaji Extension as part of an in situ slum redevelopment initiative, Delhi Development Authority (DDA) has now put into motion the second phase of the project. Now, 5,382 flats will be created for slum dwellers in public-private-partnership mode. DDA had taken up in situ slum redevelopment of […]

Work at Noida airport site to be expedited as development plan gets approval

The Yamuna Expressway Industrial Development Authority (Yeida) approved the Noida international airport’s development plan, officials said Thursday, paving the way for work to be accelerated at the site. According to officials, the development plan was approved at the Noida International Airport Limited’s (NIAL) board meeting that was held in Lucknow on Wednesday and was attended […]

New location of biogas plant at Noida Sector 123 angers residents

After residents protested against the setting up of an automatic compressed biogas (CBG) plant in Sector 123, the Noida authority announced that they might shift the plant to another location that was supposed to be the site for a sewage treatment plant (STP). However, residents still feel cheated as the new location is now just […]

Greater Noida authority hikes minimum residential, farmland purchase price

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Tuesday said it has increased the minimum rate for buying farmland from Rs 3,500 per square metre to Rs 3,750 per sq metre with effect from April 1. The GNIDA also announced an increase of around Rs 5,000 to Rs 7,000 per square metre in rates […]

IndiQube raises $30 million from promoters & WestBridge Capital

NEW DELHI: IndiQube, a flexible workspace provider, has raised $30 million in funding from the company’s promoters, WestBridge Capital and Ashish Gupta, angel investor. Out of $30 million, the promoters have infused $17 million. It plans to use the proceeds, to double its PAN India commercial real estate footprint, venture into Tier II cities and […]

Greater Noida increases land rates upto 25% in residential category

GREATER NOIDA: The Greater Noida authority has hiked the land allotment rates for all properties–residential, industrial as well as IT plots–for the 2022-23 fiscal, which will be applicable retrospectively from April 1 onwards, officials said Wednesday. While the hike for different categories of residential properties is upto 25% (the hike for category A is 17%, […]

Residents of Vipul Lavanya condo to get an alternative access road soon: DTCP

More than 500 families living in Vipul Lavanya condominium in Gurugram are likely to have an alternative access road to the condominium soon, said the officials on Wednesday. A team of officials from department of town and country planning (DTCP) visited the area in Sector 81 on Tuesday, and analysed several options for providing an […]

Greater Noida: GNIDA approves Rs 2,000 crore for land acquisition in 2022-23

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Tuesday approved a budget of over Rs 5,100 crore for 2022-23, allocating Rs 2,000 crore from it for land acquisition and Rs 1,400 crore for development works in villages and residential sectors. This is the biggest budget for any fiscal year since 2017-18 for GNIDA, which […]

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