RWAs, builders protest Noida land rate hike

Noida News:  The Noida Authority’s decision to hike the land rates has come in for opposition from all corners. Member of Parliament Ashok Pradhan and ex-MLA Nawab Singh Nagar, along with various builders’ associations, property dealers’ associations, RWAs and Kisan Morchas have threatened...

Noida sector rates shoot up

Noida News:  The New Okhla Industrial Development Authority (Noida) has hiked the sector rates of residential land in the city by an average of 70% to 80%. The sector rates, the minimum official allotment price of Noida for such property, and the rate to which the transfer fees on property will now relate,...

Sports complex of international standards to come up at Noida

Noida News:  THE Noida Authority is planning to set up an international standard sports complex in the city. Making the announcement here, Chief Executive Officer, Noida Authority, Monica Garg, said, “We are aiming for the development of the city as a sports hub. Apart from residential and commercial...

Over 30% hike in circle rates for all plots in Gr Noida

Noida Property News:  THE Greater Noida Industrial Development Authority has hiked circle rates for all kinds of plots in Greater Noida. Independent houses or flats will be dearer by more than Rs 1 lakh now. The circle rates for residential plots and group housing projects have seen the...

Noida metro gets the cabinet green signal

Noida Property News:  THE Delhi Government today gave its formal approval for the extension of Delhi Metro Line from New Ashok Nagar to Sector-32, Noida. In what is seen as a reciprocal gesture for the newly-found Delhi-UP bonhomie, wherein the newly-elected UP government resolved the bus...

Police memorial coming to Gr Noida

Noida News:  After a three-month-long hunt, the police memorial near Teen Murti Bhawan has finally found a new home. The structure, which was built at a whopping cost of Rs 13 crore, will be shifted to the CRPF camp in Greater Noida. But it is still going to be a while before the structure can actually...

MapInfo Opens R&D Centre In Noida

Noida News: MapInfo Corporation, a provider of location intelligence solutions, has launched an R&D and technical support centre in Noida, India. From its new facility, located at Logix Technopark, Noida, MapInfo India will work collaboratively with worldwide efforts to deliver location intelligence...

‘Price rise will be more sedate in future’

Noida Property News: Piyush group, a two-year-old real estate company, is at present developing five projects for which it has acquired the land. Altogether the company has a land bank of 800 acres. It is focusing largely on upcoming towns like Rudrapur, Palwal and Bhiwadi. Within the NCR it has two...

BHEL sets up instrument calibration centre in Noida

Noida News: Bharat Heavy Electricals Limited (BHEL) today said it has set up an instrument calibration centre in Noida as part of its ongoing capability up gradation and capacity expansion programme. The centre, established at a cost of nearly Rs 3.2 crore as part of its MoU with Indian government, was...

UP govt orders land acquisition for Taj Expressway

Greater Noida Property News:  More than four months after an inquiry committee gave the go-ahead for the 165-km Taj Expressway from Noida to Agra, the Uttar Pradesh Government has issued orders for the acquisition of over 2500 acres of land required for the construction of the six-lane expressway...

Realty takes a roller-coaster ride

Noida Property News:  Correction, stagnation and boom. Over the last one year, residential property rates have seen it all in different areas of the National Capital Region(NCR). While price in Gurgaon-Manesar area saw a 8-10% fall, in Rohini and Kundli there was a significant 30-35% jump. Prices in major upcoming locations in and around Delhi, such as Dwarka, Faridabad and Noida, continued to grow at a steady pace of about 10-15%...

'Noida, Gurgaon have grown at Delhi's cost'

Noida Property News:  The satellite township idea to check the inflow of people into the national capital has failed miserably and Delhi has ended up becoming a "dormitory" for people who live here but work in the neighbouring areas, says Minister of State for Urban Development Ajay Maken. Satellite towns like Noida in Uttar Pradesh and Gurgaon in Haryana have grown...

Delhi: New Masterplan to affect property price

Noida Property News:  Vinod Kumar, a property dealer, has run his office out of Sanagam Vihar in South Delhi for two decades.
But the dividends only came through last week with the new master plan. Sanagam Vihar was among Delhi's 1500 unauthorised colonies regularized by the government. Vinod...

MTNL awaits a windfall from prime property

Noida Property News: The real estate bug has bitten Mahanagar Telephone Nigam (MTNL) too. The public sector telecom company is in talks with builders to develop commercial properties on the large tracts of land it owns in prime locations across Mumbai, Delhi and the National Capital Region (NCR)...

All roads lead to NCR

Greater Noida Property News: Swanky malls, leisure hang-outs, eateries, multiplexes and the buzz about retail hubs — surely the National Capital Region (NCR) is the most happening place. Drive through any of the three satellite towns of Delhi (Gurgaon, Noida and Faridabad) and the scene is the same...

Rising rate, oversupply to temper realty prices

Greater Noida Property News: Rising interest rates and an 'overheated market' are stabilising residential property prices in some key pockets, but a steep correction is unlikely. According to a cross-section of experts, including bankers, a correction is unlikely for the very reasons that had initiated the housing...

Citigroup Property to invest in Indian realty

Noida Property News: The New York-based Citigroup Property Investors unveiled its plans to invest $500 million on real estate, commercial infrastructure and technology park in India this year. Citigroup Property has already pumped in $250 million equity in partnership with several promoters in the country...

Maruti starts 4th plant, asks for sops

Gurgaon News: Maruti Udyog Ltd has donned the greasepaint and is busy chalking out its war plans aggressively to take the competition head-on. It has sought a number of sops from the government before the latter exits MUL after selling its remainder shareholding in the company. The company on ...

Eros Group bags hotel site for Rs 255.20 cr at Gurgaon

Gurgaon Property News: A subsidiary of the Delhi-based Eros Group, The Millennium Plaza, has notched up a five-acre plot for a hotel site in Sector 47, Gurgaon for Rs 255.20 crore. The company on Sunday bagged the bid at an auction organised by the Haryana Urban Development Authority (HUDA), Gurgaon,.. 

India Earthquake Safety - My 3 Crore Flat Needs to be Demolished According to Earthquake Specialist

Gurgaon Property News: Many are unaware of the earthquake threat existing in there cities. 59 percent of India is susceptible to earthquakes and all metros lie in either zone 3 or 4 which are at high risk. Don’t be surprised, this scenario could well be happening in real to you! It is estimated that 99 percent of...

Reliance retail to start Western-style convenience stores in NCR

Gurgaon News: Reliance Retail is all set to enter the national capital region (NCR) from Monday to start Western-style convenience stores, with an estimated investment of Rs 80 billion, reports Financial Express. The company, which entered organised retail last year through food retailing outlets, will...

SMC, SPIl to invest over Rs 2500 cr.

Gurgaon News: Auto major Suzuki Motor Corporation (SMC) and Suzuki Powertrain India Limited (SPIL) will invest over Rs 2500 crore till the year 2010 at its diesel engine plant in Manesar near Gurgaon. "SMC and MUL will invest over Rs 2500 crore in the diesel engine plant up to 2010. The new facility has a... 

RIL to start retail rollout in NCR from Monday

Gurgaon News: Reliance industries of Mukesh Ambani group will start rolling out its retail outlets in the national capital region from Monday. The group, which is planning to invest Rs 25,000 crore in the sector will start with nine locations in Ghaziabad, Noida, Faridabad and Gurgaon and within six months will ramp...

Carrier to set up global engg centre in Gurgaon

Gurgaon News: The $13 billion Farmington-based Carrier Corporation is setting up its largest global engineering centre for air conditioners and commercial refrigeration in Gurgaon, to cater to India and the rest of the global market. The project, making India its global design hub, will come up in a year’s...

Rs 100-crore apartments are hot!

Gurgaon Property News: At a time when prices are merely notional if the address is right, it's hardly surprising that the cost of residential properties in New Delhi and Mumbai are going, quite literally, through the roof. Hold out long enough for the right buyer and even the most generous estimates by real..

Tulip to invest Rs 2,500 crore on five housing projects

Gurgaon Property News: Gurgaon-based real estate firm Tulip Infratech Ltd plans to invest about Rs 2,500 crore over the next 3-4 years to develop five projects, which includes group housing and integrated township. "We have identified three group housing projects and two integrated townships for... 

Gurgaon master plan in controversy

Gurgaon Property News: Once again controversy has gripped Master Plan of Gurgaon-2021 and exchange of allegations have begun over it, Sahara Samay sources said. The controversy has been deepened as government has neglected downtrodden in its master plan, the channel added.The specialists believe... 

Unitech Corporate Parks completes acquisition of Infospace Gurgaon in India

Gurgaon Property News: Unitech Corporate Parks PLC, a company newly incorporated in the Isle of Man and formed to invest in Indian commercial real estate, said it has completed the acquisition of Infospace Gurgaon, which is one of its seed portfolio assets. The company said the asset has a land area...