Lack of cheap houses is forcing migrants to leave, say Noida’s entrepreneurs – ET RealEstate

NOIDA: Amid apprehension of a third wave of the pandemic, Noida’s entrepreneurs have flagged the need for a permanent low-cost housing solution for the city’s migrant workers. They claim that the unavailability of cheap housing and inadequate medical facilities are the two reasons why migrant workers are forced to leave the city in times of […]

NBCC invites bids to sell 5,192 housing units of stalled Amrapali projects – ET RealEstate

State-run NBCC has set an ambitious target to sell about 3,000 units of stalled Amrapali projects within a year of appointing a property consultant to raise Rs 1,000 crore. Struggling to fund the construction of the stuck projects, NBCC has invited bids from property consultants to take over the sale of 5,192 housing units, valued […]

Zurich airport signs shareholder agreement with NIAL for Noida airport development – ET RealEstate

NEW DELHI: The Zurich Airport International on Saturday signed a shareholder agreement with the Uttar Pradesh government’s entity NIAL in Lucknow for the development of the Noida International Airport, a statement said. Arun Vir Singh, CEO, Noida International Airport Limited (NIAL), and Christoph Schnellmann, CEO, Yamuna International Airport Pvt Ltd (YIAPL), signed the agreement in […]

Around 40,000 Amrapali homebuyers may face further delay in delivery of houses – ET RealEstate

Around 40,000 homebuyers in Amrapalli’s properties will likely face further delay in delivery of their houses, as the contractors working on the projects have threatened to stop the work after continuous delays in payments from NBCC. At some of the sites in Noida and Greater Noida, the pace of work has slowed down and some […]

Noida: 200 residential plots up for grabs in Sector 151 soon – ET RealEstate

NOIDA: After an upcoming golf course in Sector-151, Noida authority will now launch a residential plot scheme of over 200 plots in the newly developed sector across Noida expressway by July end-early August. While the plots range from 250 to 450 sqms, officials have been given a deadline of July 31 to launch the scheme. […]

Homebuyers in Noida protest against Mahagun Group over delayed project – ET RealEstate

NOIDA: Amid scorching heat, scores of homebuyers on Friday afternoon held a demonstration here outside realtor Mahagun Group‘s office over the delay in possession of flats and bank EMI-related issues. The buyers gathered at the realtor’s head office in Noida Sector 63 with a demand to meet group director Amit Jain over the delay in […]

Over 15,000 apply for 440 YEIDA residential plots – ET RealEstate

GREATER NOIDA: Amid Covid-19, the response to Yamuna Expressway Industrial Development Authority’s (YEIDA) residential plot scheme was good. As against 440 plots ranging between 60 sqm and 4,000 sqm on offer across sectors 17, 18, 20 and 22D, total applicants were 15,624. YEIDA allotted 422 plots out of the 440, where a maximum of 117 […]

Fire safety systems in most high-rises in Noida damaged, reveals audit – ET RealEstate

NOIDA: The fire department in its audit of highrises in Noida and Greater Noida has found many buildings where the hydration system has collapsed because of hard water. An audit has been conducted since April. Multiple apartments have also complained that the fire safety systems of their buildings are not operational and are in a […]

Noida: Will justice prevail for home buyers in Kessel I Valley project? – ET RealEstate

Justice delayed is justice denied. This appears to have come true for around 2,000 ordinary savers who had booked homes and shops in the Kessel I Valley community housing project in Greater Noida. Those home buyers had filed a case under the revamped bankruptcy laws about four years ago, citing fraud by the promoters, AMR […]

Noida authority offers 50 commercial plots across city – ET RealEstate

Representative Image NOIDA: The Noida Authority launched its commercial builder plot scheme on Monday, in which about 50 plots ranging from 480 sqm to 10,000 sqm are on offer for setting up shops, offices, hotels, cinema halls, retail outlets, showrooms and shopping malls. While these plots are across 48 sectors of the city, the allotment […]