Tag: Noida

IndustryLatest Stories

U.P. Grants 14-Year Waiver for Sunworld City Township

Representative image created by AI NOIDA: The Uttar Pradesh government has instructed the Yamuna Expressway Industrial Development Authority (YEIDA) to provide a 14-year ‘zero period’ waiver for Sunworld City’s stalled township project in Sector 22D. This decision follows revelations that approximately 20 acres allocated for the development were never acquired when YEIDA transferred the land to the developer in 2011. The state’s industrial development department, which reviewed a petition from Sunworld City Pvt Ltd, directed YEIDA to waive not just the penal interest but also the extension charges and related dues for the 20 acres from 2011 to the present.…

InfrastructureLatest Stories

Noida Aims for Firefight Tech Upgrade as Buildings Rise

Representative image created by AI NOIDA: The fire department is enhancing its firefighting resources by procuring high-pressure foam extinguishers, capable of extinguishing fires in buildings up to 100 storeys high. The technology, which was recently demonstrated at the fire safety expo in Greater Noida, was effectively tested by the fire department at the city’s tallest edifice — the 74-storey Supertech Supernova tower located in Sector 94. The Compressed Air Foam System (CAFS) technology utilizes a high-pressure foam delivery mechanism that can sustain pressure even at great heights. Fire officials indicate that high-rise fires present significant challenges, as water pressure diminishes…

Latest StoriesRegulatory

HC Asks Noida Authority: OCs for Lotus Boulevard Granted Without STPs?

NOIDA: The Allahabad High Court has instructed the Noida Authority to provide a comprehensive affidavit detailing the process by which occupancy certificates (OCs) were issued for the Lotus Boulevard project, despite claims concerning incomplete sewage treatment facilities. This order, dated July 7, was in response to a petition lodged by the apartment owners’ association, which asserted that the essential sewage treatment plants (STPs) were not operational when the certificates were granted. The bench, comprising Justices Mahesh Chandra Tripathi and Vinod Diwakar, has mandated that the Authority’s CEO submit the affidavit by the next hearing scheduled for July 16. The report…

Latest StoriesResidential

Lotus 300 AOA Questions Noida Authority on 228 Unregistered Flats

NOIDA: The apartment owners association (AOA) of Lotus 300, a condominium located in Sector 107, has issued a legal notice to the Noida Authority for allegedly ignoring Supreme Court orders related to the registration of flats. According to AOA officials, despite receiving occupancy (OC) and completion certificates (CC) for four towers with a total of 228 flats on April 22, the registration process has not progressed. The AOA has expressed concerns about initiating contempt proceedings to safeguard the rights of homebuyers. AOA president Bhuwan Chaturvedi stated that 25 flat owners from towers 3 to 6 had completed their purchases and…

InfrastructureLatest Stories

Height Limits Set Within 20 km of Noida Airport

Representative image created by AI NOIDA: On Friday, Noida International Airport issued a public advisory emphasizing that builders and local authorities must adhere to height restrictions within a 20 km radius of the airport. According to Kiren Jain, Chief Operating Officer (COO) of Noida International Airport, no construction, building, or tree planting is permitted in this radius unless one obtains a ‘Height Clearance’ or ‘No Objection Certificate’ (NOC) from the Airport Authority of India (AAI). This clearance is essential, not just a regulatory formality, to protect flight operations and navigation infrastructure from possible obstructions, Jain explained. “As the Noida International…

IndustryLatest Stories

Noida Authority May Contest HC Ruling on Lease Rent Waivers

NOIDA: The Noida Authority has opted to challenge an Allahabad High Court ruling that annulled the state’s decision to revoke lease rent waivers previously granted to various real estate firms under the “zero period” policy. This policy is designed to offer relief against delays that developers cannot control, emphasizing the need to protect revenue and maintain policy consistency. During a meeting on June 14, the Authority’s board decided to contest the High Court’s April 23 decision, made in response to a petition by Greatvalue Projects India. The Authority asserts that the lease rent waivers contradict its established policy, which categorically…

Latest StoriesResidential

YEIDA Draw for Sector 18 Residential Plots Set for July 11

Representative image created by AI NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to conduct a draw for its residential plot scheme in Sector 18 this Friday. Launched on April 21, the scheme offers 276 plots of 200 sqm each and has attracted over 54,000 applications during the month-long registration period. The draw will commence at 10 AM at India Expo Mart, overseen by a panel of three retired High Court judges to ensure transparency. OSD Shailendra Bhatia noted that arrangements are in place for approximately 2,000 attendees to watch the draw live. The entire event will be…

IndustryLatest Stories

Lekhpals to Monitor Illegal Buildings in New Noida Villages

Representative image created by AI NOIDA: In a bid to combat illegal construction in the New Noida (DNGIR) area, the Noida Authority has appointed two lekhpals to oversee development activities across 80 villages—20 in Gautam Budh Nagar and 60 in Bulandshahr. These lekhpals will collaborate with the revenue department to detect unauthorized constructions and will provide weekly reports to the authority. Their official appointments were confirmed via an order issued on July 4. The officers, Rajesh Kumar Sharma and Manoj Kumar Dubey, are responsible for monitoring 30 villages in Bulandshahr and 10 in Gautam Budh Nagar. Officials have stated that…

IndustryLatest Stories

Sobha Reports ₹2,078 Crore in Q1 FY26 Pre-Sales

NEW DELHI: Sobha has reported its highest quarterly real estate sales in the first quarter of FY26, achieving pre-sales of ₹2,078 crore, with the company’s share amounting to ₹1,717 crore. The impressive quarterly performance was fueled by strong demand in key markets and the successful launch of Sobha Aurum in Greater Noida, marking the company’s debut project in the city. The total area sold during this quarter reached 1.44 million sq ft, with an average realization of ₹14,395 per sq ft. Regional Performance Bengaluru emerged as the leading market, contributing ₹602 crore in sales, followed by Gurugram with ₹352 crore.…

IndustryLatest Stories

Noida, Greater Noida & YEIDA: Uttar Pradesh’s Crown Jewels, Minister Says

AI-generated Representative Image NOIDA: During a recent visit, Industrial Development Minister Nand Gopal Gupta ‘Nandi’ referred to the Noida, Greater Noida, and Yamuna Authority (YEIDA) regions as “the crown jewels of Uttar Pradesh,” mirroring the status of Kashmir for India. He emphasized that enhancing industry and investment is “our government’s top priority.” With the establishment of new units, the minister believes employment opportunities will grow, aiding Uttar Pradesh in its quest to become a top-performing state. To ensure timely project completion, Nandi urged senior officials of the Noida Authority to work on expanding the land bank and improve collaboration with…