Tag: Yamuna Expressway Industrial Development Authority (YEIDA)

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12-Year Housing Project Stalled: Refund Ordered for Buyers

NOIDA: The District Consumer Disputes Redressal Commission (DCDRC) has ordered the Yamuna Expressway Industrial Development Authority (YEIDA) to refund ₹2.8 lakh to a flat buyer, with an annual interest rate of 6%, due to the Authority’s failure to deliver a flat as promised in its 2014 housing scheme. Buyer Omveer Singh filed a complaint after the Yamunotri Housing Scheme failed to launch, and he never received possession of his assigned flat. Singh claimed he applied to the scheme on November 28, 2014, and was allotted an 880 square foot, 2BHK flat in Greater Noida’s Sector 22A, having paid a registration…

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As Noida Airport Opens, Attention Turns to Aerocity Development

Sure! Here’s a rewritten version of the content: Representative AI image NOIDA: With commercial flights now operating from Noida International Airport, the area surrounding this greenfield hub is set for a significant transformation—from open land and industrial plots to a bustling aerotropolis featuring hotels, malls, multiplexes, logistics parks, and business districts. For the Yamuna Expressway Industrial Development Authority (YEIDA), the commencement of passenger operations on June 15 and cargo services on June 17 represents more than just aviation activity; it serves as the catalyst for an airport-driven urban ecosystem that has been in the works for years. An aerotropolis refers…

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UP Limits E-Registration to Select Categories After Deed Writer Strike

NOIDA: Following a recent strike by deed writers in Greater Noida who claimed that the state’s e-registration initiative threatened their jobs, the registration department has released an order clarifying that the online system will apply only to specific property transactions. On June 12, the state inspector general of registration clarified that e-registration was not introduced for all property documents, countering the widespread belief post the June 4 rollout announcement. The clarification arrives amidst protests from deed writers and document scribes, who fear that a fully digital registration process may render their services obsolete and result in job losses. Previously, the…

InfrastructureLatest Stories

New Noida Land Acquisition Launches in 37 Villages

Representative AI image NOIDA: The Noida Authority is gearing up to acquire land for New Noida, also referred to as the Dadri-Noida-Ghaziabad Investment Region (DNGIR). The initial phase will involve land acquisition from 37 villages, comprising 24 in Bulandshahr and 13 in Noida, through voluntary purchase, expected to commence next month. “The Noida Authority has requested the government to assign three tehsildars to facilitate land acquisition in the region. A temporary office will also be established in New Noida for this initiative,” stated Noida OSD Kranti Shekhar. The villages earmarked for the first phase of acquisition include Anandpur, Bel Akbarpur,…

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Uttar Pradesh’s Draft Code Ties FAR to Road Width

NOIDA: The Uttar Pradesh government has released a draft unified building code aimed at significantly altering project developments in Noida, Greater Noida, Yamuna, and other industrial development areas. The new regulations propose to consolidate separate rules for each development authority into a singular comprehensive framework. They also aim to increase floor area ratio (FAR) limits across various categories, link higher FAR to the width of adjacent roads, reduce setback requirements, and eliminate height restrictions except where safety or heritage guidelines apply. The draft of the Unified Building Regulations for Industrial Development Authorities is now available for public comment on the…

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YEIDA extends FinTech hub application deadline

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has pushed back the application deadline for its planned 500-acre FinTech hub in Sector 11 near the Noida International Airport to April 29, from the previous April 2 deadline. Shailendra Bhatia, the authority’s additional CEO, explained that the deadline was adjusted to coincide with an upcoming financial summit aimed at attracting global investors and industry representatives. “We have moved the bid due date from April 2 to April 29, with the technical bid opening now set for May 1. This change is due to the Money Alpha 360° summit, which focuses on…