Greater Noida Authority

Real estate company Nirala World has bought 2.5 acre land in Greater Noida to develop a 8 lakh square feet commercial project to meet rising demand of office and retail spaces. In a statement, Nirala World said the company bought this land through an auction, from Greater Noida Industrial Development Authority (GNIDA). It has won bid to acquire a 10,400 square metre (2.5 acre) commercial land parcel worth Rs 175 crore. "We recently purchased a land parcel in Greater Noida West through an auction process," said Suresh Garg, Chairman and Managing Director of Nirala World. He said the company will develop its second commercial project in Greater Noida. Garg said the project will have retail spaces, high street, food court, multiplex, office spaces. The total development potential in this project will be 7.87 lakh square feet. In October last year, Nirala World had purchased a 2.6-acre land parcel in Sector 10, Greater Noida West to develop its first commercial projects. Nirala Wo

The board of the Greater Noida Industrial Development Authority (GNIDA) on Saturday approved a proposal to increase land allocation rates by 5.30 per cent for 2024-25 fiscal, according to an official statement. Several developmental projects, including the Greater Noida West Metro, Multimodal Logistics Hub, and Transport Hub, are coming to Greater Noida and Greater Noida West (also known as Noida Extension), the GNIDA said. "In view of these developmental projects, property allocation rates are determined for each financial year. The board has approved the proposal to increase the current allocation rates for industrial, residential, commercial, institutional, and builder properties by 5.30 per cent for the fiscal year 2024-25," it said. "The finance department will soon issue an office order in this regard. The new rates will be considered effective from April 1," the GNIDA said, describing the 5.30 per cent rate hike as "modest". The board, in a meeting chaired by UP's ...

In view of upcoming festivals Bakrid and Jyeshtha Ganga Dussehra, restrictions under Section 144 of the CrPC will be enforced across Noida and Greater Noida from Sunday to Wednesday, police said. Prohibitory orders are being imposed to maintain peace and harmony during the festive period, they said on Saturday. The Ganga Dussehra would be celebrated on Sunday while Bakrid would be observed on Sunday and Monday. Public prayers, worship, processions and other religious events in public places are entirely prohibited unless special permission is obtained, according to a police order. "In view of the potential threat to public order posed by anti-social elements, it cannot be ruled out that such individuals may disrupt peace," Additional DCP (law and order) Hirdesh Katheriya said. "Additionally, various examinations and protest programmes are organised from time to time by the government, different commissions, councils, etc. and they are often notified shortly before their scheduled

The Noida airport, which is expected to start by December this year, is expected to handle 9.4-11.7 million passengers in 2025-26, according to aviation consultancy firm CAPA India

The Gautam Buddh Nagar administration on Tuesday decided to issue notices to several real estate developers, including Mahagun, Ajnara and Migsun, over a slew of complaints from flat buyers, officials said. The district administration held a meeting with flat buyers and builders, where senior administrators and officers of the registration department were also present to discuss issues including delay in possession and registries of flats, among others. "It has been decided that notice would be issued to some builders, including Mahagun, Ajnara and Migsun, seeking their response over the complaints related to their housing projects," District Magistrate Manish Kumar Verma told PTI. "If their response is not found satisfactory then legal proceedings, including sealing of their premises, would be carried out. There have been complaints against some builders but majority of the issues discussed in today's meetings are related to these three builders," Verma said. He said Additional DM

The farmers demand that 10 per cent of residential plots or their equivalent compensation be given to them in lieu of land acquired from them for development projects

The approval is for the development of unused and purchasable floor area ratio (FAR) "in furtherance of existing projects of Amrapali valuing approximately Rs 10,000 crore," the company said

The authority has taken this action for non-deposit of the outstanding amount of nearly Rs 281 crore on both the land plots and non-completion of both the projects

During the inspection, a pile of garbage was found and the inspection team imposed a fine of Rs 2.13 lakh on the company

Noida and Greater Noida authorities will incur over Rs 7,500 crore loss, if SC's order capping the interest rate, at around 8 per cent, for delay in payment of land cost by builders were to sustain

The court directed the Central Board of Direct Taxes (CBDT) to issue the necessary notification within three months