IndustryLatest Stories

UP Govt Restores Noida Plot to GPL Infrabuild, Extends Waiver

Representative image created by AI NOIDA: The UP government has revoked a 2022 decision by the Noida Authority to cancel the allotment of a plot in Sector 106 to a company, citing delays in handing over possession. Although the lease deed was signed in March 2017, the company could not secure possession or initiate construction due to a high-tension power line and tower that the Authority did not remove until September 2025. In its order, which may have implications for numerous similar disputes in Noida and Greater Noida, the state government emphasized that allotments cannot be canceled when vacant and…

IndustryLatest Stories

Noida’s Metro Council Transformation Requires Legal Changes

NOIDA: If the UP government considers restructuring Noida Authority into a metropolitan council, as directed by the Supreme Court, it must amend the UP Industrial Area Development Act of 1976, which established the New Okhla Industrial Development Authority (Noida). Such an amendment would be intricate and time-consuming, necessitating extensive consultations and relying heavily on the political commitment of the state, according to former officials. The Supreme Court instructed the UP government on Wednesday to evaluate the transition from the industrial development authority to a metropolitan council aimed at promoting people-centric governance. This recommendation stemmed from a report by a Special…

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Noida Authority to Revoke Allotments of Encroached Plots

NOIDA: Residents in several Noida areas who are extending balconies, constructing extra rooms, or encroaching on Authority land may soon face plot cancellations if they disregard repeated warnings. The Noida Authority has opted to revoke the allotment of plots for owners engaged in encroachments, even after receiving two notices under Section 10 of the UP Industrial Area Development Act. CEO Lokesh M instructed officials on Friday to place notices directly on properties if the allottees do not acknowledge them, ensuring that no one can claim they were unaware. During a review meeting, he directed the asset department officials to compile…