Tag: Ghaziabad

IndustryLatest Stories

Mayor Promises Relief, Ghaziabad Civic Body Sticks to Tax Hike

GHAZIABAD: Mayor Sunita Dayal announced that the substantial property tax increase that sparked protests throughout the city will be reversed shortly. She reported that senior officials in Lucknow assured her that the proposed revised rates, which residents fear could raise taxes by three to four times in certain areas, would not be enforced. A statement from the mayor’s office on Tuesday confirmed, “A decision has been made not to increase property taxes, allowing residents to continue under the existing tax structure.” However, the mayor’s office has not issued any official documents validating the retraction of the new tax framework. Officials…

Latest StoriesResidential

Sort waste at home for 10% property tax rebate: Ghaziabad

GHAZIABAD: Responding to protests regarding property tax after a recent ruling from the Allahabad High Court, the Ghaziabad Municipal Corporation (GMC) has introduced a series of rebates to alleviate the burden on its residents. During a board meeting on Saturday, GMC members approved a 10% property tax rebate for housing societies, institutions, and residents who segregate their waste at the source. This decision aligns with the implementation of the Solid Waste Management Rules, 2026, effective from April 1. Municipal commissioner Vikramaditya Malik Singh stated that the civic body currently offers a 20% rebate for timely tax payments. Furthermore, additional rebates…

Latest StoriesResidential

Discounts on Siddharth Vihar Plots & Flats in Ghaziabad

GHAZIABAD: The UP Housing Board is offering a festive-season discount of up to 15% on plots and residential units in the Siddharth Vihar township until March 31. Covering over 635 acres, the township is 30% developed, yet its prime location makes it an attractive residential area. Situated along the Delhi-Meerut Expressway, it is just a 5-minute drive from both the Ghaziabad rapid rail station and the Shaheed Sthal metro station. Last year, the board increased plot rates by Rs 6,180 per sq m, raising them from Rs 58,820 per sq m. Currently, a 100 sq m plot in the township…

Latest StoriesRegulatory

NGT Orders Ghaziabad DM to Clear Lakefront Residential Colony

GHAZIABAD: The National Green Tribunal (NGT) has identified a portion of land in Pasunda village, Loni, previously documented as a lake in revenue records, where a residential project is being developed. The tribunal has ordered the district administration to eliminate encroachments and safeguard the waterbody. An NGO, Society for Voice of Human Rights and Justice, filed the case, claiming illegal conversion of the lake into a residential colony. The petition referenced alterations in land mutation for development by Mahalaxmi Land and Finance Company involving survey numbers 1564 and 2476. The petitioner stated that approximately 0.961 hectares of land under revenue…

Latest StoriesResidential

Ghaziabad body enlists brokers, marketing to sell 1,700 flats

Representative AI image GHAZIABAD: The Ghaziabad Development Authority (GDA) is set to engage brokers and form a marketing team to sell over 1,700 unsold residential units, according to an official announcement. “Currently, there are 1,748 residential units from at least five housing schemes that remain unsold, despite some interest in these 1, 2, and 3 BHK units, as well as mini Low Income Group (LIG) and LIG flats priced up to Rs 70 lakh each,” the official disclosed. This new strategy aims to secure over Rs 500 crore from these properties. Under this initiative, which mirrors tactics often used by…

Latest StoriesResidential

Post-HC Setback, Ghaziabad Residents Want Political Fix for Taxes

GHAZIABAD: The Allahabad High Court recently upheld the Ghaziabad Municipal Corporation’s (GMC) decision to raise property taxes. Former councillors are now seeking political avenues to reverse this decision, while still considering a legal challenge. Rajendra Tyagi, a co-petitioner and former GMC councillor, mentioned they plan to approach the Supreme Court within the next 90 days to contest the ruling from February 25, although he expressed a preference for a political solution. “Going to the Supreme Court is a lengthy process. We prefer resolving it politically for the greater good,” Tyagi stated. The debate revolves around a new property tax structure…

Latest StoriesRegulatory

HC Affirms Ghaziabad Property Tax Hike as Lawful

GHAZIABAD: The Allahabad High Court has declined to interfere with the Ghaziabad Municipal Corporation’s (GMC) decision to increase property tax. This ruling comes as a setback for residents, whose tax bills have surged by three to four times due to the revision. On Wednesday, a bench consisting of Chief Justice Arun Bhansali and Justice Kshitij Shailendra rejected a petition from three former GMC councillors, affirming that the corporation’s approach to setting minimum monthly rent rates (MMRR) and adjusting property tax accordingly was legally justified. The court stated, “We find no error in the determination of ‘MMRR’ nor any illegality in…

Latest StoriesRegulatory

CAG Flags Major Lapses in Ghaziabad Development Over 5 Years

GHAZIABAD: The Comptroller and Auditor General (CAG) has released a comprehensive 446-page audit report on the Ghaziabad Development Authority (GDA), identifying significant operational deficiencies from 2017 to 2022. These include planning violations, inadequate enforcement, and shortcomings in housing and financial management. One notable finding pertains to the Master Plan 2021. The CAG highlighted that the GDA “implemented Master Plan 2021 without obtaining approval from the NCR Planning Board,” which is meant to oversee regional planning. The audit raised concerns about the preparation and adherence to the plan, noting that instead of a unified document, GDA produced separate plans for Ghaziabad…

InfrastructureLatest Stories

UP CM Urges GDA to Speed Up Harnandipuram Land Acquisition

GHAZIABAD: During his visit on Sunday to inaugurate the Namo Bharat corridor, Chief Minister Yogi Adityanath evaluated the Harnandipuram township project and urged GDA officials to fast-track the land acquisition process. A GDA official stated that the initiative is being developed under the CM Urban Expansion New City Promotion Scheme, with Rs 400 crore allocated by the state government. The chief minister sought updates on the land acquisition progress, and was informed that, following the mutually agreed rate clause, registrations for over 35 hectares of land have been completed, with farmers’ consent obtained for the remaining parcels. To accelerate township…

Latest StoriesRegulatory

ED Files Supplementary Complaint Against Unnati Fortune in PMLA Case

LUCKNOW: The Lucknow zonal office of the Directorate of Enforcement (ED) has filed a supplementary prosecution complaint under Sections 44 and 45, alongside Sections 3, 4, and 70 of the Prevention of Money Laundering Act (PMLA), 2002, against Unnati Fortune Holdings Ltd (UFHL) and its promoters and directors in the court of the Special Judge for Anti-Corruption, CBI, Ghaziabad. The ED initiated its investigation based on multiple FIRs filed by the UP Police concerning UFHL and its key promoter, Anil Mithas, along with Madhu Mithas and other officials. The investigation revealed that Anil Mithas allegedly diverted around Rs 126 crore…