Tag: Noida Authority

IndustryLatest Stories

Noida Authority Installs Notices on Housing Projects for Dues

NOIDA: The Noida Authority has begun placing boards outside housing projects where promoters have not cleared significant land dues and have not applied for the government’s rehabilitation scheme. Images of these boards are being shared on the Authority’s website as part of a strategy aimed at resolving issues with certain builders. The initial board has been set up outside Lotus Panache, a project by Granite Gate Properties currently under insolvency proceedings at the National Company Law Tribunal (NCLT). This initiative has faced strong opposition from residents who argue it breaches the moratorium imposed during the corporate insolvency resolution process (CIRP)…

InfrastructureLatest Stories

FONRWA urges Noida to clear backlog; CEO vows 100 projects

NOIDA: A delegation from the Federation of Noida Residents Welfare Associations (FONRWA), representing over 150 RWAs, recently met with officials from the Noida Authority to urge action on delayed civic projects ahead of Diwali. The executive committee held discussions with Noida Authority CEO Lokesh M., along with ACEOs Krishna Karunesh and Satishpal, OSD Mahendra Prasad, and GMs A.K. Arora, S.P. Singh, and R.P. Singh, as well as DGM Vijay Rawal and others. FONRWA president Yogendra Sharma expressed concerns that development initiatives across various sectors have been halted and decisions from a prior RWA meeting remain unaddressed. The CEO responded that…

IndustryLatest Stories

Noida’s Land Dispute Resolved; Wave Mega City Centre Opens

NOIDA: After a decade-long impasse, the Noida Authority has successfully resolved issues surrounding prime land in the city. The land surrender and reallocation for the Wave Mega City Centre Pvt Ltd project has been finalized under UP’s project settlement policy. Initially allocated 6.2 lakh sqm in sectors 25A and 32 in 2011 for the Mega City Centre project, the developer has surrendered 5 lakh sqm, retaining 1.2 lakh sqm with approvals from both the state government and the Authority’s board on September 26. The Authority intends to utilize the reclaimed land for commercial development under a mixed-use category, instructing its…

Latest StoriesResidential

Noida Residents Demand Action on Demolition Notices for Extensions

NOIDA: Frustrated with ongoing notices from the Noida Authority regarding what they consider minor home alterations, various residents’ groups have approached local MLA Pankaj Singh, requesting the repeal of Section 10 of the Uttar Pradesh Industrial Area Development Act. This section grants the Authority the authority to issue notices to property owners over unauthorized constructions and modifications. Recently, an increasing number of homeowners in older sectors such as 22, 34, 12, 51, and 71 have received notices for changes like adding glazing to verandahs and installing doors or fences in backyards. Many residents argue these adjustments are basic improvements for…

IndustryLatest Stories

Noida Authority Board to Discuss Unified Policy, Budget on Oct 3

NOIDA: The Noida Authority board will discuss over 35 proposals, including amendments to the Unified Policy that aims to standardize land norms across the three development authorities in the upcoming meeting on Friday. The meeting will be chaired by the industrial development commissioner and Noida Authority chairman, Deepak Kumar. Key topics include establishing a 300 TDP integrated waste management plant and budget allocation for the Noida International Airport. Officials have stated that the Unified Policy’s goal is to unify land regulations across Noida, Greater Noida, and YEIDA, which will enhance consistency in allotment and development operations. The board is anticipated…

IndustryLatest Stories

Noida Authority Cancels Sports City Land Over Unpaid Dues

NOIDA: The Noida Authority has rescinded the allotment of approximately 1.1 lakh sqm of land to Lotus Greens Constructions, the primary developer of the Sports City project in Sector 150. This decision comes after the builder failed to pay land dues despite numerous reminders over the last nine years. The cancellation order, issued on September 4, is the first action taken against a Sports City developer since the scheme launched over a decade ago. Noida Authority CEO Lokesh M stated, “We will now take possession of the land.” Officials revealed that Lotus Greens was initially granted nearly 12 lakh sqm…

Latest StoriesResidential

Supreme Court Permits Conditional OCs for 450 Noida Flats

NOIDA: The Supreme Court has instructed the Noida Authority to issue conditional occupancy certificates for six residential towers in the Sports City project, Sector 150, providing a significant, albeit partial, victory for over 450 families awaiting their homes in Godrej Nest. The ruling was made by Justices MM Sundresh and Satish Chandra Sharma, in response to a petition from Brick Rise Developers, part of the Sector 150 project led by Lotus Greens Constructions. Brick Rise contested a February order from the Allahabad High Court that was unfavorable to the developers, citing issues such as irregularities, delays, and unpaid dues. The…

Latest StoriesRegulatory

HC Approves Noida Layouts, Resumes Delhi One Work After 10 Years

NOIDA: After nearly ten years of halted construction and growing concerns among numerous homebuyers, the Allahabad High Court has removed a significant barrier to reviving the Delhi One project in Sector 16B. A division bench comprising Justices Mahesh Chandra Tripathi and Anish Kumar Gupta instructed the Noida Authority on September 15 to approve the building plans for Max Estates Limited, contingent upon the company depositing 50% of the disputed ₹67 crore in change in constitution and shareholding charges (CIC/CIS) within a week. The court also directed the Authority against taking any coercive actions during this timeframe. This ruling represents a…

Latest StoriesRegulatory

SC Bars Supertech Realtors from Third-Party Rights in Supernova

NEW DELHI: The Supreme Court has barred Supertech Realtors and its suspended director from establishing any third-party rights in the ‘Supernova’ project in Noida. Supertech Realtors, a subsidiary of Supertech Ltd, is mired in insolvency proceedings and is working on a mixed-use real estate development named ‘Supernova’. This project includes residential units, commercial space, office areas, studio and service apartments, and shopping centers situated in Sector 94 of Noida. The project is intended to be a towering structure with 80 floors, designed to be the tallest building in the Delhi-NCR region at 300 meters high. A bench comprising Justices Surya…

Latest StoriesRegulatory

HC Orders Noida to Provide Water to Wish Town Flats in 2 Weeks

Here’s a rewritten version of the provided content: — NOIDA: The Allahabad High Court has mandated the Noida Authority to grant water connections to Wish Town within two weeks, contingent upon Jaypee Infratech Limited (JIL) providing a renewable bank guarantee of Rs 60 crore. This ruling, issued on Thursday by a division bench consisting of Justices Shekhar B Saraf and Praveen Kumar Giri, also imposed a stay on recovering Rs 23 crore in disputed charges until the next hearing. The bench was addressing a writ petition from JIL that contested the Authority’s demand for external development charges linked to the…