Tag: Noida

IndustryLatest Stories

Noida Airport to Drive Real Estate Growth in NCR, Yamuna Expressway

Representative AI image NEW DELHI: On Saturday, Prime Minister Narendra Modi inaugurated phase-I of the Noida International Airport in Jewar, at an estimated cost of ₹11,200 crore. This initiative is expected to significantly transform the real estate landscape of the National Capital Region (NCR). The airport, situated along the Yamuna Expressway, aims to enhance connectivity in western Uttar Pradesh and the NCR, linking important urban and industrial centers such as Noida, Greater Noida, Ghaziabad, Agra, and Aligarh. Modi noted that the project represents a pivotal advancement in Uttar Pradesh’s development and will bolster India’s aviation capabilities. He stated, “Airports are…

InfrastructureLatest Stories

Noida Airport Phase-I to cost ₹11,282 crore; total ₹29,560 crore

NOIDA | LUCKNOW: The first phase of the Noida International Airport in Jewar, with an investment of Rs 11,282 crore, is set to be inaugurated this Saturday by Prime Minister Narendra Modi. This phase is part of a larger initiative estimated to cost Rs 29,560 crore, aimed at establishing Jewar as a prominent aviation hub for North India. As stated, the Prime Minister will also launch the cargo terminal and lay the foundation for a Maintenance, Repair and Overhaul (MRO) facility, enhancing India’s aviation infrastructure. Chief Minister Yogi Adityanath will attend the event along with several Union and state ministers.…

InfrastructureLatest Stories

PM Launches Phase I of Noida International Airport

NOIDA: Prime Minister Narendra Modi inaugurated the first phase of the Noida International Airport, situated in Jewar, on Saturday. He was joined by Chief Minister Yogi Adityanath, Aviation Minister Kinjarapu Ram Mohan Naidu, and other dignitaries. Extensive security measures were implemented due to the prime minister’s visit. The first phase of the airport, developed at an estimated cost of ₹11,200 crore, aims to serve as a multi-modal transport hub, ensuring seamless connectivity through road, rail, metro, and regional transport systems. According to an official statement, the project will feature a multi-modal cargo hub with an initial handling capacity of over…

Latest StoriesRera

UP-RERA Revises Rules: Complaints in Unregistered Projects Allowed

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has announced the 10th amendment to its General Regulations, 2019. The amendments, which are effective from March 25, 2026, were made under Section 85 of the Real Estate (Regulation and Development) Act, 2016. Significant revisions have been introduced in Regulations 24 and 47 to address the ongoing issues faced by homebuyers, especially concerning unregistered projects and transfer charges. Sanjay Bhoosreddy, chairman of UP-RERA, stated, “These new provisions aim to enhance the transparency, efficiency, and consumer-friendliness of the grievance redressal process.” A key change in the amended Regulation 24 allows allottees…

Latest StoriesRera

UP-RERA to Open QPR Filing Window April 1-15, Warns of Penalties

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) will open its portal from April 1 to April 15, 2026, for promoters to upload their quarterly progress reports (QPRs) for the quarter ending March 31, 2026. The authority has instructed all developers of registered projects to update their project details within this specified timeframe, warning that non-compliance may result in regulatory actions. UP-RERA emphasized that the submission of QPRs is required under section 11(1) of the Real Estate (Regulation and Development) Act, 2016. This process is crucial for ensuring transparency and accountability within the sector. The reports provide information…

Latest StoriesResidential

ASK Property Fund Sells ₹650 Cr Stake in Mahagun Noida Project

NEW DELHI: ASK Property Fund has successfully exited its ₹650 crore investment in a residential project led by Mahagun Group in Noida, achieving an internal rate of return (IRR) of 21% and a 2.1x multiple, according to the company’s statement. The fund initially invested approximately ₹310 crore in 2021, supporting the project’s growth and providing structured capital for a saleable area of about 2.4 million square feet. Additionally, the fund has completed a full exit from its ₹1,500 crore debt fund launched in 2018, realizing an investment multiple of 1.83x. Published On Mar 24, 2026 at 02:59 PM IST Join…

IndustryLatest Stories

UP: UPSIDA Greenlights 8 New Warehousing, Logistics Projects

Representative AI image LUCKNOW: The Uttar Pradesh State Industrial Development Authority (UPSIDA) has given the green light to eight new projects in the warehousing and logistics sector, with a total investment of approximately Rs 800 crore, as stated by an official spokesperson on Monday. “These approvals, under the Uttar Pradesh Warehousing and Logistics Policy-2022, demonstrate increasing investor confidence in the sector, fueled by incentives, financial aid, and tax exemptions for establishing logistics and storage facilities on private land,” the spokesperson mentioned. The newly approved projects comprise five silos, two warehousing units, and one logistics project, which will be situated in…

IndustryLatest Stories

Finance Minister: SWAMIH Investment Fund II Launch Underway

File Photo NEW DELHI: The SWAMIH Investment Fund II was announced as part of the recent Union Budget and is set to be officially launched. Its aim is to provide assistance to distressed homebuyers with stalled investments, as Finance Minister Nirmala Sitharaman informed Parliament on Monday. The 2026-27 budget introduced a new Rs 15,000 crore ‘SWAMIH Fund’ designated for completing 1 lakh units in delayed housing projects across various cities. As of January 31, 2026, the Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund has committed investments in 148 projects, according to her response in the Lok Sabha.…

InfrastructureLatest Stories

Yamuna Expressway Authority Approves ₹11,829 Crore Budget

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has approved an annual budget of Rs 11,829 crore for the fiscal year 2026-27, focusing on land acquisition and infrastructure development surrounding the new Noida International Airport. A considerable part of the budget, approximately Rs 8,000 crore, is allocated for land acquisition aimed at establishing an industrial and urban ecosystem near the airport. Additionally, Rs 2,011 crore is designated for development and construction in Yamuna City, with Rs 502 crore allocated for the airport itself and Rs 300 crore for multi-modal connectivity initiatives. The decisions were made during YEIDA’s 89th board meeting…

CommercialLatest Stories

Onward Workspaces Leases 165,000 sq ft to Accenture in Noida

NEW DELHI: Onward Workspaces, a provider of co-working and managed office spaces, has leased 165,000 sq ft of office space to Accenture in Sector 132, Noida. The workspace, which occupies eight floors at Ace Capitol, includes 1,460 workstations. Currently, the company manages over 800,000 sq ft of workspace across the Delhi NCR region. Onward Workspaces is also developing a co-working center at ECE House on KG Marg in Connaught Place, which will span approximately 17,000 sq ft. Published On Mar 20, 2026 at 03:30 PM IST Join the community of over 2 million industry professionals. Subscribe to our newsletter for…