Tag: Ghaziabad

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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…

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New Ghaziabad Circle Rates Coming by Mid-October

GHAZIABAD: The revised circle rates for 2025-26 are expected to be approved next week. This follows the review of nearly 50 objections received from farmers in eight villages designated for the Harnandipuram township, up to Tuesday. The district administration had invited public objections for the proposed DM circle rates for the current financial year from September 16 to 30. “In Modinagar and nearby areas of Wave City, residents have requested a reduction in circle rates, while those in villages earmarked for Harnandipuram township have broadly sought an increase,” an official stated. Discussions on the objections will occur in the coming…

InfrastructureLatest Stories

Panel to Review Construction on Ghaziabad’s Yamuna Floodplain

GHAZIABAD: In response to the recent flooding in Loni, District Magistrate Ravindra Kumar Mandar has established a four-member committee tasked with locating permanent structures within the Yamuna floodplain zone. The committee, led by Additional District Magistrate Saurabh Bhatt, includes the Loni SDM and an official from the irrigation department. It is responsible for identifying illegal constructions in the floodplain and must submit their findings within a month, after which the area will be cleared. Officials have noted that flooding in Loni has become a recurring challenge since 2023, necessitating the allocation of resources for rescue efforts. This year alone, around…

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Ghaziabad Extends Property Tax Rebate for Another Month

GHAZIABAD: The Ghaziabad Municipal Corporation has extended the property tax rebate deadline by an additional month, allowing residents to take advantage of a 20% rebate until October 31. This deadline was initially set for July and was previously extended to September. A GMC official stated that the extension aims to maximize revenue from property taxes. “Following October, the rebate will decrease by 10%, which will be available for another month in November 2025. In December and January 2026, the rebate will be reduced to 5%. After that, no rebates will be offered, and those failing to pay property tax after…

Latest StoriesResidential

Housing Board Raises Circle Rates for Two Ghaziabad Townships

GHAZIABAD: The UP Housing Board has announced an increase in circle rates for the Vasundhara and Siddharth Vihar townships, igniting concerns over property prices and affordability for many residents. Effective retroactively from April 1 for the 2025-26 financial year, the newly revised rates will affect both current homeowners and potential buyers, with increases ranging between Rs 7,000 to Rs 9,000 per sqm across residential and commercial sectors compared to the previous fiscal year. In Vasundhara, which is organized into 19 sectors and has a large population, circle rates for plots in odd-numbered sectors such as 1, 3, and 5 have…

Latest StoriesResidential

Ghaziabad Body to Collaborate with NBCC for Tulsi Niketan Redevelopment

GHAZIABAD: Four months after a balcony collapse claimed two lives in Tulsi Niketan, the Ghaziabad Development Authority (GDA) is partnering with the National Buildings Construction Corporation (NBCC) for redevelopment of the deteriorating colony in Bhopura area. On Friday, the GDA held a meeting with NBCC officials to discuss a redevelopment plan. “Tulsi Niketan is on the city’s ‘unsafe colony’ list. During the meeting, NBCC was tasked with preparing a pre-feasibility report for the revamp project, due in a week,” stated GDA Secretary Rajesh Kumar Singh. “NBCC will later create a detailed project report and may proceed with redeveloping the entire…

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Farmers Fume as Ghaziabad Body Seeks to Halt Harnandipuram Rate Hike

GHAZIABAD: Farmers are furious after the Ghaziabad Development Authority (GDA) requested the stamp and registry department to refrain from increasing the DM circle rates— the minimum value set by the district magistrate for property transactions — for villages designated for the Harnandipuram township. This has reignited farmer protests, as they had previously called for an increase in the DM circle rate, which is crucial for determining stamp duty and registration fees. “A protest is already underway in these villages, and the GDA’s letter has only intensified the situation. We are determined to protect our land for our children’s future,” said…

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Uttar Pradesh Plans 40% Hike in Ghaziabad Property Rates

GHAZIABAD: Anticipated property price hikes in the city may see increases of up to 40% as the district administration prepares to revise rates later this year. Draft estimates suggest residential plot prices could rise by 5-15%. Should this move be approved, the cost for a residential plot at Crossings Republik will increase to Rs 31,000 per square metre from the current Rs 27,000. Flats in multi-storey buildings are projected to become 10-40% more expensive, with steeper increases of 35-40% expected in major townships like Wave City Centre, Aditya World City, and others. In Wave City, flat prices are expected to…

InfrastructureLatest Stories

How Ghaziabad Plans to Tackle Illegal Colonies Without Power

GHAZIABAD: To tackle the rapid proliferation of unauthorized colonies, the Ghaziabad Development Authority (GDA) vice chairperson, Atul Vats, has reached out to the stamp and registry department to halt the registration of plots in these illegal areas. Instructions have also been issued to the power department and civic corporation to refrain from granting electricity, water, or sewerage connections until the GDA provides a completion certificate. A recent survey by the GDA discovered 351 illegal colonies covering 2,944 acres in the city, an increase from 321 in 2021. Officials attribute this rise to ongoing property registrations despite the illegal status of…