Tag: Ghaziabad

Residential

Ghaziabad: 20 years gone, Madhuban Bapudham plot allottees told to shell out lakhs

GHAZIABAD: GDA has started sending notices to around 1,500 plot allottees in Madhuban Bapudham, asking them to pay additional charges following a court-mandated hike in land compensation to farmers. Affected buyers now face an average additional cost of Rs 5,175 per sqm, that is Rs 5.17 lakh for a 100 sqm plot and Rs 15.5 lakh for larger plots up to 300 sqm. The plots were earlier sold to them at Rs 11,800 per sqm. “In case an allottee is not able to pay the additional fee, they will have to surrender the plot, and the initial amount paid will…

Infrastructure

GDA seeks central funds for Noida-Ghaziabad metro link

GHAZIABAD: Ghaziabad Development Authority (GDA) has taken a fresh initiative to revive Noida Electronic City-Sahibabad metro project — an extension of the Blue Line metro corridor — by suggesting that it should be funded by grants made under 16th Finance Commission. A letter to this effect has been written to the state govt, seeking Rs 2,441 crore. GDA vice chairperson Atul Vats said on Monday, “We have written to UP govt. We have quoted a grant of Rs 2,441 crore, out of which Rs 1,873 crore is for the metro project.” Over 5 lakh people stand to benefit from the…

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Ghaziabad: GDA makes a digital ‘PAHAL’ with first e-allotment letter for ₹1.3 crore plot

GHAZIABAD: In a shift toward paperless, contact-free transactions, Ghaziabad Development Authority (GDA) issued its first fully online allotment letter this week, marking the official rollout of PAHAL (Public Access for Housing and Allotment Login), a platform designed to bring property-related services under one digital umbrella. The move places GDA among the first urban authorities in UP to adopt a comprehensive online property allotment system. “At every stage, we have worked to reduce human intervention,” GDA vice chairperson Atul Vats said. “PAHAL is one of the most transformative tools we’ve implemented so far. On Tuesday, the first allottee was able to…

Regulatory

Builder scraps commercial complex in Ghaziabad, told to repay buyer booking fee

GHAZIABAD: District Consumer Disputes Redressal Commission (DCDRC) has directed a real estate developer to pay Rs 6.5 lakh to a buyer who booked a shop in a commercial complex being developed by the firm in 2014 but later cancelled it when the project was scrapped. Airwil Developers Private Limited, a private builder, had proposed a commercial complex, Airwil Wow, in Mohan Nagar and had collected advance payments from buyers for shops. Complainant Suchitra Mahant, a Sahibabad resident, had purchased a shop in the complex and paid around Rs 13 lakh as booking amount on Feb 27, 2015. The total cost…

Residential

Steep property tax hike in Ghaziabad sparks protests

GHAZIABAD: Protests against the civic body’s new property tax structure has gained support from RWAs, industry associations and residents’ groups. The revised rates, implemented on April 1, haven’t gone down well due to an increase of up to four times the previous rates, which residents claim violates existing municipal laws that allow corporations to increase property taxes once every two years. The GMC board had last hiked the house tax on 4.28 lakh properties by 10% in Jan 2023. The rates, which were in effect till April 1 this year, required properties along roads less than 12m wide to pay…

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County Group acquires 13.3-acre land in Wave City NH24, Ghaziabad for ₹400 crores

Representative Image NCR-based realty developer County group has acquired 13.3-acre land in Wave City NH24 in Ghaziabad for around Rs 400 crore, according to people familiar with the development. The smart city by Wave group is adjacent to NH-24 and spans over 4,200 acres and the firm had earlier sold land parcels to realty developers to raise fund. The company plans to develop 1,000 residential units across four apartment sizes, with total area spreading over 3 million square feet. “Buyers are keen to invest on the projects by the developer since previous projects by the developer have consistently yielded significant…

Infrastructure

Ghaziabad master plan cleared, RRTS & metro corridors set for transit-oriented development

GHAZIABAD: Sent back to the drawing boards several times over the last three years, the unified Master Plan 2031 was finally approved by the GDA board on Tuesday, paving way for implementing the transit-oriented development (TOD) policy that seeks to regulate development around the city’s rapid rail, metro and expressway corridors. The master plan, which covers an overall developed area of 33,543.1 hectares—18,687.8 hectares in Ghaziabad, 6,874.9 hectares in Modinagar and 7,980.4 hectares in Loni— will come into effect once the state govt issues a gazette notification, which is expected within a month, an official from GDA said. It proposes…