News

‘Best Holi gift’: Over 20,000 homebuyers welcome Jaypee Infratech takeover

After the National Company Law Tribunal (NCLT) on Tuesday approved the resolution plan of Mumbai-based Suraksha Group to take over debt-ridden Jaypee Infratech Limited (JIL), homebuyers have termed the development ”the best Holi gift” as they are now hopeful of getting possession of flats soon. Around 20,000 homebuyers have been waiting for over a decade […]

Greater Noida authority allots institutional plots at 1.5 times the rate

NOIDA: The Greater Noida Authority has allotted three institutional plots worth Rs 15.40 crore through e-auctions. All the three plots were sold at a 1.5 times higher price than the reserved price of Rs 12.43 crore, officials said. The allotment of plots is expected to attract an investment of Rs 250 crore and generate employment […]

Pfizer sells leasehold rights of 54-acre land parcel in Thane to Vidhi Research

Pharmaceuticals major Pfizer has sold its rights over nearly 54-acre land parcel along with its plant in Trans-Thane Creek Industrial Area (TTCIA) near Mumbai to Vidhi Research & Development LLP for over Rs 207 crore including payment of differential premium to the Maharashtra Industrial Development Corporation (MIDC). Along with this leasehold land parcel in Turbhe, […]

Amazon delays construction of second phase of Virginia headquarters

BENGALURU: Amazon(dot)com Inc said on Friday it would push back the start of construction for the next phase of its Virginia headquarters, months after the e-commerce giant announced job cuts spanning more than 18,000 roles amid a sobering economic outlook. A spokesperson for the company, responding to media reports on the construction delay, did not […]

Greater Noida: Guards removed, residents of JKG Palm Court raise security concern

NOIDA: Residents of a housing society in Greater Noida protested against the developer on Sunday for the lack of guards and other basic amenities that were promised to them. The protesters placed five portraits of Yogi Adityanath on chairs outside the towers of JKG Palm Court society and appealed to the CM to look into […]

Revoke ban on construction of fourth floor, says Gurugram developers’ body

Gurugram: Following problems being faced by plot owners and contractors due to a ban imposed by the Haryana government on the construction of the fourth floor in buildings, the Gurugram Home Developers’ Association members on Saturday called upon Jawahar Yadav, officer on special duty (OSD) to the chief minister. The members submitted a memorandum to […]

Bhangel elevated road likely to become operational in Dec

The Bhangel elevated road, which will offer signal-free commute from the Sector 49 intersection to Phase II, once it becomes operational above the Dadri road that passes through Barola and Bhangel villages, is 65% complete and is expected to become operational by the end of December, Noida authority officials said on Sunday. The 467 crore […]

Ghaziabad civic body to start penalising residents who do not segregate waste

The Ghaziabad municipal corporation will start a drive from March 4 to penalise households/establishments that fail to segregate daily solid waste at source. The state mission director (Swachh Bharat Mission) has also defined a penalty amount of 200 a month for the offence and officials said if residents fail to pay it, the amount will […]

Noida airport terminal, runway taking shape, says CEO Schnellmann

Noida: The earthwork for the upcoming Noida International Airport (NIA) in Jewar is complete and vertical construction has already started. NIA chief executive officer Christoph Schnellmann said commercial buildings, the main terminal and the runway are taking shape now and the site has started to look more like an airport. The airport is expected to […]

Uttar Pradesh CM meets aggrieved Noida homebuyers, assures ‘complete solution’

NOIDA | LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath on Friday assured homebuyers in Greater Noida that he will look into the problems related to registry of their houses and provide them with “complete solution”, according to BJP leader and Jewar MLA Dhirendra Singh. Adityanath met with a group of homebuyers’ association NEFOWA from Greater […]

No OCs to four-floor buildings without plan nod: DTCP

GURUGRAM: The department of town and country planning (DTCP) has issued directions to officials of its planning wing not to issue occupation certificates (OCs) to residential properties where owners have constructed four-storey buildings without prior approval of the building plan. According to DTCP officials, many residential plot owners have constructed four-storey buildings whereas they got […]

Noida authority to act tough against defaulting realtors

NOIDA: Two days after the Supreme Court rejected realtors’ plea to reduce interest rates on financial dues, the Noida authority on Thursday decided to take stern steps to recover dues from realtors who have defaulted, officials said. The Noida authority needs to recover 9,000 crore from around 60 realtors who have defaulted on their respective […]

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