Latest StoriesRegulatory

Noida HC Upholds RERA Relief for Gaur City Centre Buyers

NOIDA: The Lucknow bench of the Allahabad High Court has dismissed four appeals from Gaursons Hi-Tech Infrastructure concerning shop-buyer disputes related to the Gaur City Centre project in Greater Noida West. The court declined to intervene with the favorable orders issued by the UP-Rera and the Real Estate Appellate Tribunal (REAT) for the buyers. The court noted that the developer failed to provide reasonable diligence in approaching the court, with reasons cited for delays deemed “bald, unsupported, and unsatisfactory,” in some cases showing a “careless and reckless” attitude. This ruling enables the execution of RERA orders. In judgments delivered on…

IndustryLatest Stories

Shree KB Realty Acquires 3-Acre Land in Greater Noida for ₹122 Cr

Representative AI image NEW DELHI: Shree KB Realty, a real estate firm, has acquired a 3-acre plot in Greater Noida for ₹122 crore via auction to develop a commercial project. The company announced on Thursday that it secured a land parcel measuring 12,000 square meters (approximately 2.97 acres) for ₹122 crore, which includes lease rent and stamp duty. The land, situated in Greater Noida West, was obtained through an auction held by the Greater Noida Authority. Rakesh Singhal, founder of Shree KB Group, stated, “We plan to construct a commercial project on the purchased land, featuring a built-up area of…

IndustryLatest Stories

RG Group Revives Greater Noida West Housing Post-Insolvency

NEW DELHI: RG Group has successfully completed the first phase of its previously stalled RG Luxury Homes project in Greater Noida West, following insolvency proceedings. The total construction costs post-NCLT are estimated at around ₹200 crore. Following the project’s admission to the National Company Law Tribunal (NCLT), the developer has refunded approximately ₹95 crore to homebuyers. Post-insolvency, ₹43 crore was infused by the promoter into the project, while banks provided nearly ₹27 crore in construction financing. After NCLT proceedings, the outstanding authority dues amounted to about ₹200 crore, of which ₹60 crore has already been paid. To obtain regulatory approvals…

Latest StoriesResidential

Greater Noida Authority Fines Builder for Dirty Water Tank

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has collected water samples from the SKA Divya Towers Society in Sector 16, Greater Noida West, following reports from residents about illnesses due to suspected water contamination. On Wednesday, health department teams visited the society to carry out checks and set up a medical camp, as several residents reported stomach ailments, vomiting, and fever. However, only a small number attended the examinations, with only 16 residents showing up. “Our inspection team found few patients at the camp. We have documented the complaints and will take further actions based on the water testing…

Latest StoriesResidential

Ashtech Group to invest ₹1,800 crore in Greater Noida West Project

NEW DELHI: Ashtech Group, known for its expertise in construction materials and infrastructure development, is entering the real estate sector with a substantial investment of ₹1,800 crore in a housing project located in sector 12, Greater Noida West. The housing project will be established on a fully paid 5.6-acre plot, which was procured from the authority for approximately ₹300 crore. Sumit Agarwal, director of the company, stated, “After achieving excellence in associated industries, now is the opportune moment to leverage our expertise in real estate development.” Published On Oct 8, 2025 at 09:53 AM IST Join the community of over…

InfrastructureLatest Stories

Greater Noida: Amrapali Golf Homes Fined for Waste Issues

NOIDA: The Greater Noida Authority has imposed a fine of ₹25,000 on the Amrapali Golf Homes Society, a high-rise residential community located in Sector 4 of Greater Noida West, due to inadequate waste management practices. During an inspection, Additional CEO Shrilakshmi VS noted that the health department discovered significant waste accumulation on the premises, prompting warnings to the Association of Owners (AOA) and maintenance staff about adherence to the Solid Waste Management Rules of 2016. As per the SWM Rules, bulk waste generators (BWGs)—which include any residential complexes, commercial establishments, or institutions producing over 100 kg of solid waste daily—are…

IndustryLatest Stories

Gaursons to Mortgage Mall for ₹315 Crore to Clear Flat Dues

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has provisionally approved a proposal from Gaursons Group to mortgage part of its Gaur City Mall in Greater Noida West. This mortgage will serve as security for additional compensation dues owed to farmers, facilitating the execution of about 2,100 long-awaited sub-lease deeds in three housing projects by the developer. This decision aims to relieve residents who have taken possession of their flats but have not yet secured legal ownership. Without these sub-lease deeds, residents are caught in legal uncertainty, despite having fully paid for and occupied their flats in the three projects.…

Latest StoriesResidential

Noida: Strike by Guards, Housekeepers Locks Ecovillage-1 Gate

NOIDA: Approximately 250 housekeeping staff and security guards at Supertech Ecovillage-1 in Greater Noida West began a strike on Tuesday morning, leaving over 20,000 residents facing issues related to sanitation and safety. The protest commenced around 8 AM, driven by claims from workers that they had not received their salaries for two months from the outgoing maintenance agency, Gravity. Agitated workers blocked all three gates of the society at the start of the protest. While two gates were reopened after an hour, the main entry, Gate No. 1, remained closed until the afternoon, causing residents to take longer routes to…

Latest StoriesResidential

100 Buyers Register at RG Luxury Homes’ Noida Camp

NOIDA: Around 100 homebuyers of the RG Luxury Homes project received their registries during a special camp organized by the Greater Noida Authority and the stamp and registration department on Wednesday. This event, held at the project site in Greater Noida West, marked the start of the registration process. Authorities have been prompted to arrange similar camps for other legacy projects to speed up the handover process. After settling 25% of their dues with the Authority, the promoter was granted permission to commence unit registration in line with state government policy. Initially launched in 2010 with a delivery date set…