Tag: Ghaziabad

InfrastructureLatest Stories

Ghaziabad: GDA to Invite Objections for Indirapuram Land Acquisition

GHAZIABAD: Following a directive from the Allahabad High Court, the Ghaziabad Development Authority (GDA) is set to seek public objections next week regarding the acquisition of land for its Indirapuram Extension scheme. The court’s ruling highlighted irregularities in the land acquisition process, prompting the GDA to notify the public. “The land acquisition process involves multiple steps, including issuing notifications, inviting public objections, determining rates, disbursing payments, and ultimately taking physical possession of the land. In this instance, the court determined that the GDA neglected to invite public objections,” a GDA official noted. The GDA’s order dated October 17 mandates, “The…

IndustryLatest Stories

Noida & Ghaziabad Stamp Services Paused Nov 8-11 for Migration

NOIDA: Property registrations in Noida and Ghaziabad will be halted for four days next week as the Stamp and Registration Department’s online portal undergoes a significant server migration. The department’s operations will transition from the NIC-operated Meghraj cloud to the National Govt Cloud (NGC) from November 8 to 11, as directed by the inspector general of registration in Uttar Pradesh. Assistant Inspector General of Registration-II, Brijesh Kumar, stated that this temporary suspension is essential for enhancing efficiency and data security. He noted that the migration aims to bolster system reliability and facilitate quicker, safer online transactions in the future. “We…

InfrastructureLatest Stories

Ghaziabad to Create Master Plan for 61 Villages by Expressways

GHAZIABAD: The Ghaziabad Development Authority (GDA) is planning to develop a distinct master plan for the villages that will be included within its jurisdiction. This initiative will cover 61 villages located within 500 meters of both sides of the Delhi Meerut Expressway (DME) and the Eastern Peripheral Expressway (EPE)—with 32 villages along DME and 29 along EPE. An official from GDA stated, “Creating a separate master plan will aid in managing development around these villages. We intend to engage a consultant for its preparation, and it will be integrated into the district’s unified Master Plan 2031. These villages were previously…

IndustryLatest Stories

Real Estate Firms Surge to NCR Amid Rising Demand and Prices

Representative AI image NEW DELHI: The National Capital Region (NCR) is progressively attracting developers from Mumbai and Bengaluru, with price growth in the market surpassing other areas, experts indicate. Mumbai’s Oberoi Realty is set to introduce its initial project in Gurugram this fiscal year, while Lodha and Rustomjee are exploring land acquisition opportunities in the region, according to informed sources. Bengaluru’s Prestige Group and Sobha, early movers in the region, are now ramping up their expansion, making NCR their fastest-growing market. Godrej Properties and Tata Realty from Mumbai are also bolstering their presence in NCR. Newcomers like Dalcore are selecting…

InfrastructureLatest Stories

Uttar Pradesh Approves Township Plan Near Hindon Terminal

GHAZIABAD: On October 24, the UP Housing and Development Board approved the layout plan for the Ajantapuram township in Sikandarpur, located approximately 1.5 km from Hindon Civil Terminal. This decision ends a 28-year stalemate caused by opposition from cooperative societies. With the approval secured, development work is anticipated to commence soon, with a completion timeline of around five years, according to officials. “The clearance of the layout plan clears the path for the development of the township, which has been stalled for nearly three decades,” stated H Ram, executive engineer of the board. According to officials, the primary cause of…

IndustryLatest Stories

No 40% Rate Hike Yet, Ghaziabad Adjusts Shop Rates

GHAZIABAD: The district administration has opted not to implement the proposed property circle rate increase of up to 40%, instead making only minor adjustments to last year’s rates to correct “technical anomalies”. The new rates, which remain largely the same as those from 2024, were sanctioned by District Magistrate Ravindra Mandar on October 31 and took effect on November 1. A September proposal had suggested a 5-15% increase in residential plot values, with a 10-40% hike in flat rates based on location, and potential increases of up to 40% for large integrated townships like Wave City. There were also recommendations…

Latest StoriesRegulatory

DM Files FIR Against Ghaziabad Highrise Owners for Fraud

GHAZIABAD: District Magistrate Ravindra Mandar has directed the filing of an FIR against the officials of a Rajnagar Extension apartment owners’ association (AOA) due to alleged financial misconduct. The decision comes after a complaint from Satyajeet Kumar, a resident of Savy Ville De Society, who accused the AOA members of fraud and mismanagement of funds. As of this report, the FIR had not yet been registered. In response, Hemant, the AOA president, informed TOI that they have requested the DM to conduct a re-audit of the society’s finances. An audit by the Deputy Registrar’s office for the years 2022-2023 and…

Latest StoriesResidential

70+ Plots Available in Raj Nagar Extension & Noornagar, Ghaziabad

Representative image GHAZIABAD: The Ghaziabad Development Authority (GDA) has initiated a residential plot scheme in Raj Nagar Extension and Noornagar as part of the Noornagar Housing Scheme. This project will make around 77 land parcels available for sale, varying in size from 60 to 221 sqm. The tendering process for the work is set to commence this week. According to a GDA official, the scheme will cover an area of 17,872 sqm. “We will begin external development in the area, allocating Rs 3.05 crore for road and sewer networks, along with an additional Rs 1 crore for electricity infrastructure and…

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Ghaziabad: Higher FAR & Mixed Use to Boost TOD Zone Revenue 200%

GHAZIABAD: The launch of the transit-oriented development (TOD) policy along the 45km rapid rail corridor is poised to substantially enhance revenue generation. This policy will increase the floor area ratio (FAR) in the TOD influence area by 33–50% from the current 1.5, with provisions for mixed land use. Authorities estimate that this initiative could boost revenue from the zone by more than 200%. Officials confirmed that the Ghaziabad Development Authority (GDA) and the National Capital Region Transport Corporation (NCRTC) will share revenue generated from TOD equally. NCRTC has requested GDA to ensure that revenue from map approvals within the TOD…

Latest StoriesResidential

Saya Group to invest ₹550 crore in Ghaziabad project

NEW DELHI: Saya Group, a real estate company, has established a joint venture to create a luxury housing project in Ghaziabad, investing Rs 550 crore for the construction of 264 flats. The partnership with Harmony Infra will yield an ultra-luxury residential project named ‘The Horizon Residences’ located at Indirapuram, Ghaziabad. “We have secured around 2 acres of land in Indirapuram for this luxury development, which will feature 264 units,” said Vikas Bhasin, MD of Saya Group, during a press briefing. The company plans to market homes within the price range of Rs 6 crore to Rs 8.5 crore. Regarding the…