Greater Noida West gets it first hotel-The Gaurs Sarovar Portico
NEW DELHI: Noida-based realty firm Gaurs Group has announced the opening of its first hotel The Gaurs Sarovar Portico in Gaur City, Greater Noida West. Sarovar Hotels is a renowned chain of Hotels and brings with it the glamour and glitz of hospitality industry. The Gaurs Sarovar Portico is the first luxury hotel in the […]
1,000-acre land identified for film city near Noida, proposal sent to Uttar Pradesh government
NEW DELHI: The Yamuna Expressway authority has sent a proposal to the Uttar Pradesh government for setting up a film city in Gautam Buddh Nagar, officials said on Monday. Land has been identified for the proposed film city, which would be spread over an area of 1,000 acres, officials of the Yamuna Expressway Industrial Development […]
Uttar Pradesh: 69 firms allotted land near Jewar airport during coronavirus pandemic, investments of over Rs 2,300 crore expected
NEW DELHI: Notwithstanding the COVID-19 outbreak, 69 firms were allotted industrial land near the upcoming Jewar airport between May and July, with officials expecting investments of over Rs 2,300 crore and creation of over 86,000 jobs in the region. These firms have been allotted 146.50 hectares of land during the three-month period when economic activities […]
Noida, Greater Noida and Yamuna Expressway authorities to slash interest rates on land dues
NEW DELHI: The Uttar Pradesh government on Tuesday asked the three industrial development authorities in Gautam Buddh Nagar to reduce interest rates on land dues in view of the COVID-19 pandemic. The decision was conveyed to the Noida Authority, the Greater Noida Authority (GNIDA) and the Yamuna Expressway Authority (YEIDA) in an official letter by […]
Why Noida-Greater Noida mobile manufacturing belt must open now
NEW DELHI: With the country entering lockdown 3.0 with further relaxation, the India Cellular and Electronics Association (ICEA) and mobile manufacturers on Monday reiterated that the Noida-Greater Noida manufacturing belt need to reopen slowly so that supply chain can be streamlined and the ‘Make in India initiative can be put back on track. According to […]
Noida residents’ per capita income higher than that of Delhiites: Yogi Adityanath
NEW DELHI: Uttar Pradesh Chief Minister Yogi Adityanath on Monday said that that per capita income of Noida residents is more than their Delhi counterparts. “Development projects in Noida and Greater Noida Authority have gained momentum in the last three years. A new image of Uttar Pradesh appears to be presented in front of the […]
Alok Kumar takes charge as Noida Police commissioner;Sujit Pandey takes charge as Lucknow
NEW DELHI:The Senior Indian Police Service (IPS) officer, Alok Kumar, took charge as the first Commissioner of Police of the newly-formed Gautam Buddh Nagar commissionerate on Wednesday. The Uttar Pradesh Government had on Monday announced switching to the commissionerate system of policing for Lucknow and Noida, giving magisterial powers to the top cops in both […]
Alok Singh is Noida’s first Commissioner of Police, Sujit Pandey in Lucknow after upgraded to commissioner system
NEW DELHI: The Uttar Pradesh government on Monday switched to the commissionerate system of policing for Lucknow and Noida, giving magisterial powers to the top cops in both cities. State capital Lucknow and UP’s economic capital Noida will now have an additional director general-level officer as police commissioner, Chief Minister Yogi Adityanath told reporters after […]
Noida, Greater Noida and Ghaziabad clear maximum unsold stock in NCR in 2 years
NEW DELHI: The top 3 Uttar Pradseh cities within NCR – Noida, Greater Noida and Ghaziabad – saw the maximum decline in overall unsold housing stock in two years in the state. ANAROCK & NAREDCO’s latest joint report ‘Addressing Challenges & Progressing Ahead in Real Estate’ released at the 1st National RERA Conclave today in […]
Unitech loses property in Noida over Rs 1,203 crore dues
NEW DELHI: The Noida Authority on Wednesday said it has cancelled the allotment of a group housing property to crisis-hit realtor Unitech over non-payment of dues worth Rs 1,203 crore. The property concerned is located in Sector 113 where the real estate group had also come up with 17 towers without getting the map cleared […]
NCR markets had a total of 108,937 unsold units till the end of July 2019
NEW DELHI: Unsold housing units in Noida, Greater Noida and Gurugram stood at nearly 1.09 lakh at the end of July, of which 54 percent were priced at Rs 45 lakh and below, according to property brokerage PropTiger. With fall in interest rates on home loans and additional tax deduction of Rs 1.5 lakh on […]
Spaciya hits record 1 million sq ft in lease transactions
NEW DELHI: Real estate consultancy firm Spaciya Advisors said that it has achieved a milestone of closing 1 million sq. ft. of commercial real estate in Noida in a time span of 30 months. The deals were done across various domains such as staffing, banking, consulting, media houses, IT, logistics, training, telecom and manufacturing. Spaciya, which […]
County Group launches Coco County with an investment of Rs 300 crore
County Group , Coco County, Noida NEW DELHI: Realty firm County Group said that it has launched its new affordable luxury housing project ‘Coco County’ at Greater Noida West. The newly launched project is likely to entail an investment of Rs 300 crore dedicated towards the project itself. Strategically located at Sector Spreading 10 E, […]
DLF transfers Noida mall, land to JV firm; reduces dues to Rs 5,500 crore
NEW DELHI: Realty major DLF has settled Rs 3,100 crore amount payable to its joint venture with Singapore investment firm GIC by transferring Noida shopping mall and some land parcels. At the end of 2018, DLF owed Rs 8,700 crore to DLF Cyber City Developers Ltd (DCCDL), which is a joint venture between DLF and […]
Bhutani Infra to invest Rs 1,200 crore in Noida
NEW DELHI: Realty firm Bhutani Infra is investing Rs 1,200 crore to develop a commercial project in Noida (Uttar Pradesh) to tap into the rising demand for office space from corporates and co-working players, a top company official said. The company has so far completed about a dozen commercial projects in East Delhi as well […]
Bids open for developing Rs 15,000 crore Jewar airport, say officials
NEW DELHI: The Noida International Airport Limited (NIAL) on Thursday invited global players to float bids for development of an international greenfield airport in Uttar Pradesh’s Jewar, officials said. The airport, second in national capital region after Delhi’s Indira Gandhi International airport and billed to be the biggest in the country when fully operational, will […]