News

Supertech chairman detained, let go after he agrees to pay dues to district officials

The Gautam Budh Nagar district administration’s Dadri tehsil officials on Monday detained realty major Supertech Limited’s chairman RK Arora for several hours and sent him to Luksar jail, from where he allowed to go only after he assured them of making payments towards recovery notices sent on the directions of the Uttar Pradesh Real Estate […]

MahaRERA issues notices to 584 developers for non-update of quarterly information

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued show-cause notices to over 584 promoters of housing projects that were registered in January for not updating information related to their projects. These are part of a total 746 new housing projects covering 50,288 apartments worth around Rs 22,449 crore that were registered with the regulator […]

Transfer duty may go up for properties over Rs 25 lakh in Delhi

NEW DELHI: Property prices in the city are likely to go up soon as Delhi government has approved Municipal Corporation of Delhi’s (MCD) proposal to increase the transfer fee on the sale of properties by 1% point. The raise will be applicable to all properties valuing over Rs 25 lakh. “We have approved the proposal […]

Builders closed 87 land deals totalling 1,862 acre in FY23: Anarock

NEW DELHI: Real estate developers remained active on land acquisition for future development and they closed at least 87 land deals totalling 1,862 acres during the last fiscal year, according to Anarock. During the previous year 2021-22, real estate consultant Anarock noted that 44 land deals accounting for about 1,649 acres were closed across various […]

Over 20,000 new builder-floors in five years in Gurugram, puts infra under strain

GURUGRAM: In the 1990s, when most of the city’s licensed colonies were being developed, the basic infrastructure — road, electricity, water and sewerage — was built keeping in mind the construction of two and a half floors on each residential plot. Over three decades later, the population has doubled, and the number of floors allowed […]

Noida authority to provide land to farmers for their rehabilitation

The Noida authority has decided to cancel its plan to allocate a group housing plot to realtors in Sector 146, opting instead to assign the land to farmers for their rehabilitation, officials said on Sunday. These farmers provided their land for the city’s well-planned development and, as per the law, deserve rehabilitation, officials associated with […]

Greater Noida begins work on city expansion, to acquire 28000 hectares land

The Greater Noida authority has announced plans to expand the city by purchasing an additional 28,000 hectares of agricultural land in response to the increasing demand for industrial and residential land in the area, officials said on Sunday. The Greater Noida city, currently spread across 22,255 hectares of land between Noida and Dadri, has begun […]

Survey for vehicular pressure on Gurugram roads to redesign movement routes

Traffic police and road safety officers (RSOs) have conducted a survey of 35 internal city roads with the aim of making them one-way to ease traffic flow and alleviate congestion, officials said. The survey was carried out last month to assess the road network and vehicular pressure on key stretches, and traffic police have said […]

Farmers protest against Greater Noida authority, demand better compensation

Farmers from 40 villages on Tuesday intensified their agitation against the Greater Noida authority demanding better rehabilitation facilities and compensation for their land that was acquired for the industrial development of the city. Farmers said if the authority chairman Manoj Kumar Singh will not meet them to discuss their demands, then they will further intensify […]

Residents of Supertech Ecovillage 1 in Greater Noida organise sit-in protest over pending demands

NOIDA: Residents of Supertech Ecovillage 1 in Uttar Pradesh’s Greater Noida West have resorted to an indefinite sit-in to protest the lack of basic amenities. Protestors’ demands include better electrical infrastructure, along with rates at par with Noida Power Company Limited (NPCL) for an increase in per kilowatt power load if required by residents, basement […]

HC directs Noida authority to maintain status quo over farmhouses on Yamuna flood plain

PRAYAGRAJ: The Allahabad high court has directed the Noida Authority to maintain status quo regarding its order of demolishing farmhouses located in Sector-135 of Noida allegedly built on flood plain region of the Yamuna. While directing the authority and National Mission for Clean Ganga to file counter affidavits, a division bench comprising Chief Justice Pritinker […]

Airport link road alignment changed due to legal complications

The Yamuna Expressway Industrial Development Authority (Yeida) has decided to change the alignment of a 100-metre wide and 10.6-kilometre long road linking Jewar airport with Yamuna Expressway, after farmers refused to give up their respective land for this vital route, officials said on Friday. With the change in alignment, Yeida will construct the road within […]

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