Housing Project In Noida

Housing price at Noida Expressway jumps 66% in 5 yrs: Anarock data

Housing prices in Bengaluru's peripheral location Gunjur have risen by 69 per cent in the last five years, while Noida Expressway in Delhi-NCR witnessed 66 per cent appreciation, according to Anarock. Real estate consultant Ananrock's data showed that average housing prices in Noida Expressway stood at Rs 8,400 per sq ft in the September 2024 quarter against Rs 5,075 per square feet in 2019. NCR's peripheral area Sohna saw price growth of 43 per cent to Rs 5,900 per sq ft from Rs 4,120 per sq ft, while prime area New Gurugram witnessed a 59 per cent rise in the same period. Dwarka Expressway saw a significant 93 per cent jump in average housing prices to Rs 10,350 per sq ft from 5,359 per sq ft. In Bengaluru's peripheral location Gunjur, the housing prices have increased to Rs 8,500 per square feet from Rs 5,030 per square feet. Housing brokerage firm InvestoXpert.com founder and MD Vishal Raheja said, "The Noida-Greater Noida Expressway strikes the perfect balance between ...

Housing crisis? Stalled projects surge in UP, Greater Noida and Noida lead

The data shows that 378 projects, comprising a total of 1.46 lakh units, are currently delayed across Noida, Greater Noida, Ghaziabad, Lucknow, and Agra.

UP RERA gives 15 days to promoters to submit update on housing projects

Uttar Pradesh real estate regulator UP RERA has issued a 15-day ultimatum to promoters of group housing projects to update quarterly progress reports of their projects on its website. UP RERA Chairman Sanjay Bhoosreddy said a number of promoters fail to file QPRs (quarterly progress reports) of their projects on time and "some of them have filed the subsequent QPRs without filing the pending QPRs". Not updating quarterly progress reports of projects amounts to violation of the relevant provisions of the RERA Act, Bhoosreddy said in a set of directions issued to promoters on Thursday. "Therefore, it has been decided to allow the promoters to file the pending QPRs of their projects as well as the QPR of October to December, 2023 quarter by 15th January, 2024," the order said. As per norms, QPRs are required to be filed within 15 days of the closure of the given quarter. Accordingly, UP RERA has modified the facility on its web portal and from now onwards, promoters will be able to fi

India's 35% stalled housing projects in Noida: White paper on homebuyers

Thirty-five per cent of India's stalled residential projects having 1.65 lakh flats worth a total of Rs 1.18 lakh crore are in Uttar Pradesh's Noida and Greater Noida, according to a white paper released on Sunday. Besides, there are at least one lakh individuals who are still waiting to register their flats while nearly 60,000 others are yet to be handed flats long after their possession date, stated the white paper, issued by citizens' platform Noida Dialogue and private body Namo Seva Kendra. BJP national vice president Gopal Krishna Agarwal on Sunday unveiled the 'White Paper on Homebuyers Issues in Gautam Buddh Nagar (Uttar Pradesh)' during a programme in Greater Noida West in presence of scores of aggrieved investors. He called for resolution of the long-pending issues of homebuyers, emphasizing the action as suggested in the white paper would come from both the Centre as well as the Uttar Pradesh government. More than 850 residential projects have been inaugurated in the Gau

Noida's Supertech twin towers to be demolished on August 28; here's a recap

As the twin tower's demolition date nears, here is a recap of what transpired and the latest developments in the case

UP RERA summons promoters of 22 projects in NCR over possession delay

Under Section 63 of the RERA Act, if the replies are deemed to be inappropriate then penalty of 5 per cent of the total project cost will be levied on them

Relief in sight for 50,000 flat buyers living 'illegally' in Noida

The move will also help the government recover up to Rs 13 billion in stamp duty

Realty firm Supertech raises Rs 350-cr from L&T Finance for Noida project

Realty firm Supertech has raised Rs 350 crore from L&T Finance to fund an ongoing housing project in Greater Noida. The Noida-based firm also plans to launch next month a sports-centric housing project in Noida Extension (Greater Noida - West) where it would develop over 4,500 flats/villas at a cost of Rs 1,100 crore. "We have raised Rs 350 crore from L&T Finance for our Eco Village-I project at Noida Extension," Supertech Managing Director Mohit Arora told PTI. The company is developing 7,500 flats in this project, he added. Supertech Chairman R K Arora said the money raised is in the form of debt. The company has already delivered 2,000 flats in the Eco Village-I project and the funds will be utilised towards completing the remaining 5,500 apartments, he added. In view of the slowdown in the property market, real estate developers are raising funds from private equity players and other financial institutions to complete their projects. Supertech has two more ...