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Ashiana Housing MD Elected President of CREDAI-NCR

NEW DELHI: Vishal Gupta, managing director of Ashiana Housing, has been elected as the new president of the National Capital Region chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI-NCR). On Friday, CREDAI-NCR announced its newly formed Executive Committee (EC) and Governing Council (GC). Alongside Vishal Gupta as president, the vice-presidents include Anil Kumar Gupta, Dinesh Gupta, Gaurav Gupta, Manish Agarwal, and Vineet Kanwar. Nikhil Hawelia has been designated as the secretary, while Arpit Goel takes on the role of joint secretary. Gupta expressed his commitment, stating, “Our Governing Board aims to work with renewed enthusiasm, ensuring…

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Partial OCs for Greater Noida Projects with 25% Advance

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has opted to issue partial occupancy and completion certificates to developers who have made advance payments in line with the UP government’s rehabilitation policy for stalled projects. This decision, announced on Tuesday, aims to provide immediate relief to countless buyers awaiting their flats for years and to developers grappling with project completion due to financial and bureaucratic obstacles. According to the new order, developers who have paid at least 25% of their recalculated dues—considering the two-year grace period granted during the Covid pandemic—and have made additional payments towards the remaining 75%, will…