Page 10 - Noida

Plan in 2 weeks to resolve stuck up Noida housing projects: UP officer

A plan to resolve the logjam between stakeholders of group housing projects in Noida, Greater Noida is expected in two weeks, a senior Uttar Pradesh government officer said on Monday. According to officials, a meeting of Noida Authority, Greater Noida, bank representatives and real estate developers was held here on May 20 to discuss an action plan for "stuck up" housing projects in the region. During the meeting, some of the bankers also expressed their concern over the region's "declining feasibility" in terms of investment in future, an official, who attended the meeting, told PTI on condition of anonymity. "A lot of housing projects in Noida, Greater Noida have been stuck for a long time. Home buyers in many projects which have been delivered are awaiting registry of the homes for a long time," the official said. "The logjam largely is due to builders not clearing the dues that owe towards the local authorities because of which the whole process for registry of individual homes

Noida emerges as hub of hawala deals in the guise of CSR in last few months

Several hawala rackets for laundering black money have been unearthed in Noida in the last few months. The business that is thriving in Noida, has made it a hub of hawala deals

Noida Police rounds up 135 history-sheeters in overnight raids: Official

The Noida Police on Thursday rounded up 135 history-sheeters and anti-social elements in a major operation to check criminal activities in the region, a senior officer said. Those rounded up were let off by the police in the morning after a detailed verification of their current whereabouts, financial sources, and professions, they said. The raids started around 11 pm on Wednesday and continued overnight despite intense rains and thundering in the early hours of Thursday, he said. History-sheeters are repeat offenders involved in serious crimes such as murder, attempted murder, robbery and kidnapping and are regularly monitored by the police, Additional Deputy Commissioner of Police (Noida) Shakti Mohan Avasthy said. "There are a total of 120 history sheeters listed in the nine police station areas of Noida in Gautam Buddha Nagar district," Avasthy said. "During the police operation 135 history sheeters and anti-social elements were rounded up for verification. More than two-third

Realty firm Group 108 signs MoU to invest Rs 2,000 crore in Noida

Realty firm Group 108 on Wednesday said it has proposed to invest Rs 2,000 crore to develop new projects in Noida and Greater Noida as part of its expansion plan. The company, earlier part of Bhutani Group and now re-branded as Group 108, is currently developing a 40 lakh square feet commercial project 'Grandthum' in Greater Noida (West). "We have signed a memorandum of understanding (MoU) at UP investment summit to invest Rs 2000 crore in the development of real estate projects," Group 108 MD Amish Bhutani told reporters here. He said the company is in talks with landowners to buy land for development of commercial and residential projects at Noida and Greater Noida. Bhutani said the ongoing commercial project, spread over 23 acres, will get completed by March 2024. This project has a total built-up area of 40 lakh square feet and saleable area of 32 lakh square feet. The company has already sold 25 lakh square feet of space. "We have invested around Rs 400 crore on this project

Apparel exporters in Tiruppur, Noida, to shut down for 10-15 days a month

As orders dry up, exporters in Tiruppur and Noida have decided to shut down for a few days every month but haven't decided to lay off yet

58,685 challans issued during traffic campaign in Noida, 1K vehicles seized

A total of 58,685 challans -- an average of over 3,900 daily -- were issued for violation of traffic rules in Noida and Greater Noida during a 15-day campaign, according to data. Police also seized nearly 1,000 vehicles during the drive. Launched on April 28, the 'Discipline of the Road 1' campaign focused particularly on checking wrong-lane driving and illegal parking, among other violations, a senior official said. According to the official data, 58,685 challans were issued during the campaign period. Of these, 7,792 were for wrong-lane driving/riding and 14,430 for parking violations. The traffic police towed 1,128 vehicles while 996 were impounded for violations even as FIRs were lodged in five cases during the fortnight, the data showed. The total penalty amount from challans during the campaign was Rs 4,91,600 (Rs 4.91 lakh), according to the official figures. Deputy Commissioner of Police (Traffic) Anil Kumar Yadav said the campaign has been effective and learnings from it

Ekka Electronics to invest Rs 1,000 cr in 3 yrs to set up facility in Noida

Consumer electronics company Ekka Electronics on Wednesday said will investing Rs 1,000 crore to set up a factory in Noida, Uttar Pradesh and enter into the manufacturing of products such as washing machines, smart watches, hearables and TWS (true wireless stereo). The Noida plant, in which the company would invest Rs 400 crore by July this year on the acquisition of land, equipment, construction of the facility etc., will house a complete backward integration and in-house design and manufacturing solutions, said its director Sagar Gupta. The plant will manufacture TV and other products such as washing machines, smart watches, hearables and TWS. At present, the company has a setup at Sonipat, Haryana for manufacturing of LED TVs up to 43 inch screen size and set-top-boxes. "In the new plant, we would manufacture LED TVs from screen size of 43 inches to 90 inches, which is currently based on imported components and assembling. We are planning to manufacture those imported components

IT firm Coforge FY23 revenue up 24.6% at Rs 8,014.6 cr, profit grows 4.6%

Noida-based company's board recommended an interim dividend of Rs 19 per share

Rs 1,000 cr in 2023-24 budget for land acquisition for 'New Noida'

The Noida Authority on Sunday said it has earmarked Rs 1,000 crore for acquisition of land for area which would be known as 'New Noida'. The authority also made a provision of Rs 500 crore for land acquisition in the existing Noida area, while it set aside Rs 1,906 crore for infrastructure and development work, it said in a statement. The announcements were made after the 209th Board Meeting of the Noida Authority held in presence of UP Industrial and Infrastructure Development Commissioner Manoj Kumar Singh. The Noida Authority Board approved a budget of Rs 6,920 crore for 2023-24 during the meeting, also attended by Authority CEO Ritu Maheshwari. "A target of Rs 8,920 crore in revenue and Rs 6,503 crore in expenditures has been set by the Noida Authority Board for the financial year 2023-24," the Authority said in the statement. "For the financial year 2022-23, the authority's target of revenue was Rs 4,880.62 crore and expenditure target of Rs 4,579 crore (108 per cent more tha

Noida Covid update: New guidelines issued amid spike in active Covid cases

Gautam Budh Nagar Health's new Covid guidelines, which come amid a surge in active cases in Noida and Greater Noida, call for wearing masks and practising social distancing

Wear face masks, WFH if cough, flu: Noida health dept's Covid guidelines

Amid a rise in Covid cases, the Gautam Buddh Nagar Health Department on Thursday issued a set of recommendations that includes practising social distancing and use of face masks at offices, schools, colleges, and cinema halls, among other public places. For workplaces, the guidelines recommend the use of sanitisers, proper cleaning of offices, thermal temperature scanners at office entries, and work-from-home option for employees showing signs of cold, cough, fever, and flu and suggested Covid test for them. The guidelines came as Gautam Buddh Nagar, adjoining Delhi, registered 114 more positive cases of Covid on Thursday, pushing the tally of active patients across Noida and Greater Noida to 396 -- the highest so far this year, according to official data. As of date, of the total, only 15 Covid patients are hospitalised while 69 have recovered since Wednesday. The total samples taken for testing since Wednesday were 1,727, the data showed. "A rise in cases of Covid has been noted

Another bid to resurrect Rs 10,000-crore Noida Film City project

Yogi 2.0 likely to sweeten incentives to woo investors

No entry for heavy vehicles on Noida expressway from 7 am to 10 pm

Currently, heavy vehicles travel through the expressway from 11 am to 5 pm

Covid-19 pandemic: Noida DM reviews situation as active cases near 150

Amid the rise in COVID-19 cases, Gautam Buddh Nagar District Magistrate Manish Kumar Verma on Monday reviewed the pandemic situation and directed officials to ensure adequate arrangement for oxygen and hospital beds to meet any eventuality. During the review at the auditorium of Integrated Control Centre at HCL's facility in Sector 60, Verma directed the administration officials to strengthen mutual coordination in order to prevent the spread of infection, officials said in a statement. According to official data, nine new people tested positive for COVID-19 on Monday, taking the number of active cases in the district to 133. Eight of them are admitted in hospitals. A week ago, the number of active cases in the district was below 50. "During Monday's review, the district magistrate directed the officials of the Health Department to complete the arrangements for adequate amount of oxygen, number of beds, ambulances etc. in COVID-19 hospitals, so that if required, nobody has to face

Indian carriers need not shy away from competition: Noida Int'l Airport CEO

"Our business case is based on the premise of growth. It is in our interest and everyone else to see growth in domestic and international traffic," he said

M3M buys land in Noida for Rs 250 cr to develop commercial project

Real estate firm seeks top line of Rs 1,200 crore from project to be completed in 2 years

Max Estates to invest Rs 3,400 cr to develop 4 projects in Noida, Gurugram

Max Group's realty firm Max Estates will invest around Rs 3,400 crore over the next five years to develop two housing and two commercial projects in Noida and Gurugram as part of its expansion plan. Max Estates, which is subsidiary of Max Ventures and Industries Ltd (MaxVIL), has developed three premium office complex in Noida and Delhi, comprising around 15.5 lakh square feet area and one small boutique luxury housing project in Dehradun. "We have entered into residential real estate segment. We have acquired one land parcel in Noida and entered into a joint development agreement with landowner for a housing project in Gurugram," MaxVIL MD and CEO Sahil Vachani told reporters here. He said the company would launch housing project in Noida in July comprising 250 units, while the one in Gurugram, having 1,200-1,400 units, will be launched next year. That apart, Max Estates will develop two office complexes in Noida and Gurugram comprising 26 lakh square feet leasable area. Asked ab

Noida Police warns against spreading rumours on social media ahead of Holi

Spreading rumours on social media that could impact public tranquillity, law and order on Holi and Shab-e-Barat, both festivals falling on Wednesday, can land a person in trouble, the Gautam Buddh Nagar police warned on Tuesday. Police Commissioner Laxmi Singh has directed officials to keep a close tab on social media activities and take immediate action against anarchic elements spreading rumours online, the police said in a statement. Security has been beefed up across Noida and Greater Noida, with around 5,000 police personnel and three companies of the PAC on the ground while deputy commissioners, assistant DCPs, and assistant commissioners are leading flag marches and patrolling their areas in view of the festivals. "The police commissioner has directed for deployment of police force in view of security arrangements at markets, crowded places, metro stations. "She has also directed the department to ensure checking of suspicious persons/vehicles by placing barricades at border

Uzbekistan child deaths: Noida Police arrests 3 employees of pharma firm

The Noida Police on Friday arrested three people for manufacture and sale of duplicate medicines who are linked with the pharmaceutical firm

Land acquisition compensation can't be different on nature of ownership: SC

SC ruled that the classification of land as 'Pushtaini' and 'Gair-Pushtaini' for the purpose of compensation for land acquired by the Greater Noida authority would be "bad in law"