Tag: Noida

Latest StoriesRegulatory

Builders face FIR for alleged fraud by Delhi firm

NOIDA: A Delhi-based company has accused representatives from two real estate firms of defrauding it of Rs 1.6 crore in a fraudulent property transaction involving Alphathum’s Noida World One project in Sector 90. A complaint filed by NWD Soft Infrastructure Pvt Ltd’s legal head, Sakshi Budhiraja, at Sector 142 police station claims that representatives from Bhutani Infra and CBS International misrepresented ownership of a commercial unit in Noida World One and diverted payments. An FIR has been filed against 11 senior executives—Gaurav Sharma, Rajesh Tandon, Sanjay Rastogi, Prem Bhutani, Aditya Raj Saxena, Naman, Naseem, Sakshi, Madhuri, Amit, and Anuradha Sharma—under…

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

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 StoriesRegulatory

FIR Filed Against Sikka Directors for Cheating Homebuyer

NOIDA: A city court has instructed the police to file a case against the directors of Sikka Pinnacle Super Structure Pvt Ltd and three senior staff members for allegedly defrauding a homebuyer of ₹79 lakh. The issue arose after the company failed to deliver a flat booked in 2022 and subsequently sold it to another buyer. As a result of the court’s order, Sector 113 police registered an FIR against the company’s directors, Harvinder Singh Sikka and Gurneet Singh Sikka, along with senior officials Gurleen Kaur (CRM head), Rajiv Sharma (marketing head), and Himanshu Jain (project head), as well as…

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…

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…

Latest StoriesRera

UP RERA Approves 8 Real Estate Projects Worth ₹1,948 Crore

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has granted approval for eight new real estate projects, with a total investment of ₹1,948 crore. Sanjay Bhoosreddy, chairperson of UP-RERA, stated, “The investment of ₹1,948 crore and the approval of over 3,000 new units represent a major step towards the state’s economic growth and housing development.” These initiatives will collectively generate 3,005 new residential and commercial units, including flats, apartments, villas, plots, shops, and various commercial spaces. Among these projects, three are based in Lucknow, with the remaining ones located in Prayagraj, Agra, Jhansi, Noida, and Firozabad. Published On…

Latest StoriesRera

Uttar Pradesh RERA Files FIR Against A.S.G.I. Properties

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has filed a first information report (FIR) against A.S.G.I. Properties at the Greater Noida Police Commissionerate, following serious fraud and forgery allegations. The case has been registered under various sections of the Bharatiya Nyaya Sanhita (BNS) law, specifically sections 318(4), 338, and 336(3). Complaints received by UP-RERA indicate that the promoter misled allottees and banks regarding the Apple Tower S-2A & S-2B project by submitting a fraudulent order to secure loans. Investigations revealed that no such order was ever issued by UP-RERA. Although a meeting was held on February 24,…

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…

InfrastructureLatest Stories

Uttar Pradesh panel may reduce YEIDA to 300 villages

NOIDA: The Uttar Pradesh government has established a panel to assess the jurisdiction of YEIDA, which encompasses 1,149 villages from Gautam Budh Nagar to Agra, covering an area of 3.35 lakh hectares—almost three times the combined area of Noida and Greater Noida, which is 1.12 lakh hectares. The committee will consider reducing YEIDA’s scope to approximately 300 villages, aiming to balance long-term planning with immediate developmental requirements while ensuring that residents and investors in areas outside the approved master plans are not stuck awaiting necessary approvals or infrastructure. YEIDA CEO RK Singh commented that the panel’s goal is to create…