Noida land rate: All you need to know about latest revisions
2 years, 4 months ago

Noida land rate: All you need to know about latest revisions

Live Mint  

In Noida, buying residential, industrial and institutional have become more expensive as the authority has decided to increase the property rates by over 20% for several categories. These include revision of land allotment rates, finalization of scheme brochure for Industrial, institutional, group housing and residential properties to attract investment in the region. Take a look at latest revisions in Noida land rates, 1) This time, the Noida Authority has decided to increase the land rates by 20-30% for several categories, while the rates for the A+ category have remained unchanged at ₹1,75,000 per sq m. 2) It has hiked the prices of category A to D category by 20% and E category to ₹41,250 per sq m from earlier ₹36,200, along with an increase of 20% in group housing property rates. 6) The authority has also decided to re-invite the applications under the previous Housing OTS scheme and the policy related to development of data centers in previously allocated industrial properties has been approved.

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History of this topic

Noida sets aside ₹60 crore to improve civic amenities in urban villages
1 week, 3 days ago

Noida sets aside ₹60 crore to improve civic amenities in urban villages

Hindustan Times  

The Noida authority has approved ₹60 crore to improve civic amenities in the city, particularly in rural areas, said authority officials on Friday. The authority on Thursday also took action against the land mafia in the city’s two villages -- Mohiyapur and Badoli -- along Noida-Greater Noida Expressway. The staff of each work circle will do the needful and spend …

Noida authority plans industrial sectors, eyes 25ha land
3 weeks, 5 days ago

Noida authority plans industrial sectors, eyes 25ha land

Hindustan Times  

The Noida authority has initiated the process of purchasing 25 hectares of agricultural land from farmers to develop new industrial and institutional sectors, numbered 161 to 166 along the Noida-Greater Noida Expressway, officials said on Tuesday. The authority highlighted its intent to acquire land through mutual agreement to resolve compensation issues and minimise resistance from farmers, officials said. The Noida …

Noida, Greater Noida real estate markets witness 6% increase in registrations, 8128 housing units registered in July-Sep
1 month ago

Noida, Greater Noida real estate markets witness 6% increase in registrations, 8128 housing units registered in July-Sep

Hindustan Times  

As many as 8,128 properties were registered in Noida and Greater Noida, representing a 6% increase during the July-September period. The combined registered home sales value for Noida and Greater Noida rose to ₹6,328 crore, marking a substantial 34% YoY growth, the data showed. Noida displayed strong performance, achieving a 62% YoY increase in home sales value, compared to a …

NCR real estate news: State public accounts committee clears Noida’s Sports City project
3 months, 2 weeks ago

NCR real estate news: State public accounts committee clears Noida’s Sports City project

Hindustan Times  

The Uttar Pradesh government’s public accounts committee has cleared Noida’s Sports City project, which comprises premium group housing projects alongside world class sports facilities, in Noida’s Sector 150. The PAC, consisting of MLAs, on July 24, 2023, started reviewing the issues of realty projects and also sought the current status of projects being developed by at least 24 developers, including …

Noida May Have Taller Buildings, More Floor Area If This New Proposal Gets Nod
3 months, 3 weeks ago

Noida May Have Taller Buildings, More Floor Area If This New Proposal Gets Nod

News 18  

The Noida Authority has put forward a significant amendment to the city’s building by-laws that could lead to taller buildings and an increased Floor Area Ratio. If approved, this proposal would enable plot owners and real estate developers to construct additional floors across various categories of plots, including institutional, industrial, mixed-use, and integrated township projects. For instance, a plot measuring …

NCR real estate news: Developers demand more time, waivers to complete stuck housing projects
3 months, 3 weeks ago

NCR real estate news: Developers demand more time, waivers to complete stuck housing projects

Hindustan Times  

Real estate developers in Noida and Greater Noida, in a letter to the state and central government as well the Noida and Greater Noida authorities, have demanded additional time, more waivers, relief from banks and other benefits to deliver stuck housing projects in the National Capital Region. The authority in its report to the state government on Saturday said they …

Lease Rates Increased in Greater Noida. Know How Much You Can Save on Rent by September 15
4 months ago

Lease Rates Increased in Greater Noida. Know How Much You Can Save on Rent by September 15

News 18  

The Greater Noida Development Authority has an announced an increase in lump sum lease rent for residential and group housing properties effective from September 15. Currently, the annual lease rent for these properties is 2.5 per cent, whose lump sum payment rate is 27.5 percent of the total premium. For a residential property with a total premium of Rs 10 …

Buying a House in Greater Noida Will Become Costlier as Property Prices Rise by 5%
4 months, 2 weeks ago

Buying a House in Greater Noida Will Become Costlier as Property Prices Rise by 5%

News 18  

Buying property in Greater Noida is about to become more expensive. The Noida Authority announced an increase in the allotment rates for all property categories by 5 to 5.5 percent, effective April 1, 2024. SK Singh, ACEO of Greater Noida Authority, stated that the proposal was approved during the 135th authority meeting held in June. New Rates for Key Sectors …

Greater Noida launches audit to reclaim encroached land
4 months, 3 weeks ago

Greater Noida launches audit to reclaim encroached land

Hindustan Times  

The Greater Noida authority has launched an extensive audit to reclaim government land in villages, which has been encroached upon, officials said on Sunday. The move to start the land audit came after the Greater Noida authority chief executive officer Ravi Kumar NG realized that significant portions of government land acquired from farmers over the past two decades had been …

Planning to Buy a House? Property Prices Surge in Noida as Land Allotment Rates Increase by 6%
5 months ago

Planning to Buy a House? Property Prices Surge in Noida as Land Allotment Rates Increase by 6%

News 18  

Property prices in Noida, the bustling satellite town adjacent to New Delhi, are set to climb higher following a decision by the Noida Authority to increase land allotment rates. Officials familiar with the matter have confirmed that the authority has raised land allotment rates across all categories except commercial and corporate house plots. This meeting also formalised the decision to …

Good news for homebuyers! Noida authority approves maps of Unitech’s stuck housing projects
5 months, 2 weeks ago

Good news for homebuyers! Noida authority approves maps of Unitech’s stuck housing projects

Hindustan Times  

The Noida authority has approved the layout maps of housing projects being developed by Unitech Group, which is yet to deliver apartments to thousands of homebuyers who have been waiting for over a decade to get their homes. With the layout approval, Unitech can now resume work on incomplete projects and deliver homes to buyers, said Noida authority officials on …

Noida secured investment of ₹1 lakh crore after allotting 149 plots in 2023-24
7 months ago

Noida secured investment of ₹1 lakh crore after allotting 149 plots in 2023-24

Hindustan Times  

The Noida authority allotted land to at least 149 projects, including IT, corporate houses. In last one year, 448 investors have signed memorandums of understanding with the state government, which refers these proposals to the respective industrial bodies. The Noida authority compiled a report about the investment proposals that have materialised on the ground, following an instruction from the state …

Noida: Three-member committee soon to soon submit report on farmers’ demands
7 months, 1 week ago

Noida: Three-member committee soon to soon submit report on farmers’ demands

Hindustan Times  

The state government’s three-member committee,which was formed to look into the demands made by the farmers of Noida and Greater Noida, is expected to sent its report to the state government soon, officials in the know of the matter said on Wednesday. The committee, headed by Uttar Pradesh revenue board chairman, was formed on February 21, 2024, following months long …

UP govt asks Noida, Greater Noida to cancel allotments of realtors who still have land dues
7 months, 2 weeks ago

UP govt asks Noida, Greater Noida to cancel allotments of realtors who still have land dues

Hindustan Times  

Uttar Pradesh’s additional chief secretary Manoj Kumar Singh has directed the Noida, Greater Noida and the Yamuna Expressway authorities to start cancelling allotments made to realtors. NThe policy was meant to help a large section of homebuyers in Noida, Greater Noida and Yamuna expressway areas, where an estimated 240,000 to 350,000 housing units are currently lying stalled owing to several …

Noida authority frees 56,000 sq m land from illegal colonisers
8 months, 1 week ago

Noida authority frees 56,000 sq m land from illegal colonisers

Hindustan Times  

NOIDA: The Noida authority has freed at least 56,885 square metres of land in its month-long drive from illegal colonisers, officials said. The drive was carried out by the Noida authority’s joint teams in villages including Sadarpur, Salarpur, Sorkha Jahidabad, Mamura, Gulavali, Assadullapur, Moyiyapur, and Garhi Samastipur. Noida authority’s chief executive officer Lokesh M has directed the land and the …

Noida and Greater Noida flat registries: 5 things homebuyers should know
8 months, 3 weeks ago

Noida and Greater Noida flat registries: 5 things homebuyers should know

Hindustan Times  

Noida authority has said that it has given permission for the registry of a total of 13,639 apartments after real estate developers of 35 housing projects gave their consent to clear their financial dues. After deducting the penal interest, these 35 developers have given their consent to pay 25% of total dues to become eligible for the registry of the …

Noida authority allows registration of 13,639 apartments
8 months, 3 weeks ago

Noida authority allows registration of 13,639 apartments

Hindustan Times  

The Noida authority on Sunday said that it has given permission for the registry of a total of 13,639 apartments as realtors of 35 housing projects have given their consent to clear their financial dues. The Noida authority gives permission for the registry after a developer pays 25 percent of their total dues as per the policy approved by the …

YEIDA releases ₹681cr for acquiring land near Noida Airport
8 months, 3 weeks ago

YEIDA releases ₹681cr for acquiring land near Noida Airport

Hindustan Times  

GREATER NOIDA: The Yamuna Expressway Industrial Development Authority on Thursday released ₹681 crore to acquire land for the development of a sector dedicated for industrial development — named Sector 10, located along Yamuna Expressway near the upcoming Noida International airport project. The Yamuna Expressway Industrial Development Authority has released ₹ 681 crore to acquire land for the development of a …

Greater Noida authority hikes water tariff by up to 10%
9 months ago

Greater Noida authority hikes water tariff by up to 10%

Hindustan Times  

The Greater Noida authority has decided to increase water tariff by up to 10% for all kinds of consumers, including residential, group housing, institutional, industrial and commercial, beginning April 1, 2024. “The Greater Noida authority has increased the tariff by up to 10% keeping in mind the interests of consumers. The authority has also decided to offer a 5% waiver …

Greater Noida homebuyers protest over seven-year delay in handing over apartments
9 months, 2 weeks ago

Greater Noida homebuyers protest over seven-year delay in handing over apartments

Hindustan Times  

The homebuyers at the Hemisphere housing project in Greater Noida’s Sector 27 protested on Wednesday against the seven-year delay in handing over their units to them by the developer. Real estate firm Royalgolf Link City Projects Private Limited launched this housing project on 100 acres in 2015-16, promising completion and delivery in three-and-a-half years. The Greater Noida authority in July …

Godrej Properties wins bid for group housing plot for ₹506 crore in Noida
9 months, 3 weeks ago

Godrej Properties wins bid for group housing plot for ₹506 crore in Noida

Hindustan Times  

Listed real estate developer Godrej Properties has won the bid for a 6.45-acre group housing plot in Noida for a total bid value of ₹506 crore, Lokesh M, chief executive officer of the Noida Authority confirmed to HT on February 26. Godrej Properties wins bid for group housing plot for ₹ 506 crore in Sector 44, Noida, The real estate …

County Group to invest ₹5000 crore on a luxury project in Noida
10 months, 1 week ago

County Group to invest ₹5000 crore on a luxury project in Noida

Hindustan Times  

Real estate developer County Group has launched a 28-acre ultra-luxury residential apartment complex in Sector 115, Noida, and will be investing close to ₹5000 crore over the next five years in the luxury housing project. Real estate developer County Group has launched a 28-acre ultra-luxury residential apartment complex in Sector 115, Noida The group will be investing nearly ₹5000 crore …

7 things you need to know about Greater Noida Authority’s group housing plot scheme
10 months, 1 week ago

7 things you need to know about Greater Noida Authority’s group housing plot scheme

Hindustan Times  

The Greater Noida Authority has come up with a new group housing plot scheme after almost a decade. The Greater Noida Authority has launched a new group housing plot scheme after almost a decade. "The developers will have to pay the entire land cost within 90 days and they will have to complete the project according to the approved layout …

Greater Noida authority issues occupancy papers to 854 apartments
10 months, 1 week ago

Greater Noida authority issues occupancy papers to 854 apartments

Hindustan Times  

The Greater Noida authority issued occupancy certificates to 854 apartments of RG Luxury Homes in Sector 16A, thereby paving the way for the registry of these flats, which has been delayed since the past several years. The Greater Noida authority allotted 18.5 acres to RG Luxury Homes in 2010 for the proposed development of 13 residential towers having two and …

Greater Noida authority launches group housing scheme of 8 plots
10 months, 2 weeks ago

Greater Noida authority launches group housing scheme of 8 plots

Hindustan Times  

After a gap of over 13 years, the Greater Noida authority has announced a group housing plot scheme comprising a total of 8 plots in different sectors, ranging in size from 3.5 acres to 10 acres, senior officials of the authority said on Friday. Sources also said that this might be the last such scheme by the Greater Noida authority …

Delhi-Noida Traffic Halt: Farmers Demand Land Compensation
10 months, 2 weeks ago

Delhi-Noida Traffic Halt: Farmers Demand Land Compensation

Deccan Chronicle  

NEW DELHI: The Delhi-Noida border areas came to a grinding halt on Thursday as hundreds of farmers demanding increased compensation and developed plots in lieu of their acquired land and were stopped by the police near Mahamaya Flyover from marching towards Parliament. With another tractor march by the farmers of Haryana and Punjab to Delhi being planned on Tuesday, three …

Noida, Greater Noida markets register properties worth ₹3179 cr in Q4 2023
10 months, 2 weeks ago

Noida, Greater Noida markets register properties worth ₹3179 cr in Q4 2023

Hindustan Times  

Noida and Greater Noida witnessed an increase in property demand from homebuyers in the fourth quarter of 2023 with as many as 7481 transactions amounting to ₹3179 crores getting recorded, according to data shared by online real estate platform Square Yards. Noida and Greater Noida witnessed an increase in property demand from homebuyers in the fourth quarter of 2023 with …

Nearly 2.5 lakh homebuyers to benefit as Amitabh Kant committee recommendations get UP govt nod
1 year ago

Nearly 2.5 lakh homebuyers to benefit as Amitabh Kant committee recommendations get UP govt nod

Hindustan Times  

The Uttar Pradesh Cabinet on December 19 approved the recommendations of Amitabh Kant committee on delayed real estate projects, bringing relief to lakhs of aggrieved homebuyers who have been waiting to receive possession of their homes, some of which are stuck for more than a decade. The Uttar Pradesh Cabinet on December 19 approved the recommendations of Amitabh Kant committee …

Sports City: Allahabad high court sets aside Noida’s ban on registries, map revisions
1 year, 1 month ago

Sports City: Allahabad high court sets aside Noida’s ban on registries, map revisions

Hindustan Times  

In a major relief to homebuyers, the Allahabad high court on Monday set aside the Noida authority’s 201st board meeting order banning the approval of building map revisions and also registry of the apartments at the Sports City in Sector 150, located along the Noida-Greater Noida Expressway. The move comes after realty firm Ace Infracity Developers Private Limited filed a …

Noida property prices soar to historic high amid festive season
1 year, 2 months ago

Noida property prices soar to historic high amid festive season

India Today  

A historic high rate has been observed in rates of residential properties across the national capital region in the festive season. "The rates were set to increase post coronavirus and it was estimated that by 2023 the rates will touch new high, however, this kind of rise is unprecedented," said Sanjay Jha, property expert. The average rate for new flats …

Noida to develop Sec 42 plot after 3-decade wait
1 year, 4 months ago

Noida to develop Sec 42 plot after 3-decade wait

Hindustan Times  

After around 30-year long legal battle, the Noida authority is finally poised to transform a barren land parcel in Sector 42 into a residential hub, officials aware of the development said. Situated along the prominent Dadri-Surajpur-Chhalera road, this centrally located plot had been an eyesore due to the protracted legal dispute with a central government employees cooperative home construction society. …

Noida sees major jump in property prices with circle rates going up | READ DETAILS
1 year, 7 months ago

Noida sees major jump in property prices with circle rates going up | READ DETAILS

India TV News  

Business news: Property prices in Uttar Pradesh's Noida are going to get costlier in the days to come. During the board meeting of Noida Authority held on April 23, the allotment rates for residential plots, group housing and institutional plots have been increased by six to 10 per cent. In 2022 as well, the Noida Authority had increased the allotment …

Noida authority’s new building to be ready by end-2023
1 year, 8 months ago

Noida authority’s new building to be ready by end-2023

Hindustan Times  

Noida authority’s new office building being built in Sector 96 is expected to be ready by end of 2023 as around 70% work has been completed so far, said authority officials, adding that key administrative department will be shifted to the new office in January 2024, if all goes as per plan. The Noida authority, in February 2016, started work …

Noida authority issues new guidelines on ‘time extension fee’
1 year, 11 months ago

Noida authority issues new guidelines on ‘time extension fee’

Live Mint  

The Greater Noida Authority in its board meeting on Wednesday decided to charge time extension fee on the basis area constructed and the remaining area on the project. In the case of old allotments, time extension for the entire project will be given on case to case basis up to a maximum of 15 years from the lease deed, the …

Noida, Greater Noida builders seek one-time settlement scheme for land dues | KNOW DETAILS
2 years ago

Noida, Greater Noida builders seek one-time settlement scheme for land dues | KNOW DETAILS

India TV News  

Noida news : Representatives of realtors' bodies CREDAI and NAREDCO met Ritu Maheshwari, the CEO of Noida and Greater Noida development authorities and demanded a one-time settlement scheme to clear their land dues citing liquidity crunch. "In a meeting with the CEO of Noida and Greater Noida Authorities Ritu Maheshwari yesterday, real estate developers from NAREDCO and CREDAI urged the …

Flat registrations in Noida, Greater Noida: Supreme Court reverses 8% interest cap for land cost dues
2 years, 1 month ago

Flat registrations in Noida, Greater Noida: Supreme Court reverses 8% interest cap for land cost dues

Hindustan Times  

The Supreme Court on Monday recalled its June 2020 order capping interest payable by builders to Noida and Greater Noida authority at 8% and clarified that this benefit would apply only to Amrapali projects, being constructed by state-owned NBCC since July 2019. The direction by the court came on an application moved by the Noida and Greater Noida authorities, claiming …

Noida land rate hike: What will change for homebuyers?
2 years, 4 months ago

Noida land rate hike: What will change for homebuyers?

Live Mint  

If you were planning to buy or invest in a property in Noida, here’s some bad news for you. The Noida Authority has decided to increase the land rates by 20% to 30% across several categories. Buyers both residential and commercial along with high-interest rates and increase in the cost of construction and now the spike of an average of …

Noida land rates to go up, Authority hikes prices first time in 3 years
2 years, 4 months ago

Noida land rates to go up, Authority hikes prices first time in 3 years

Live Mint  

The Noida Authority has decided to increase the land rates by 20% to 30% across several categories. It has said that the group housing rates has been increased by 20% and industrial properties rates by 30% in phase 2, according to the board meeting. Apart from this, many decisions on policy related matters and people were taken in the 205th …

Noida Authority hikes land rates after a gap of 3 years
2 years, 4 months ago

Noida Authority hikes land rates after a gap of 3 years

India TV News  

Noida: After a gap of three years, the Noida Authority has revised land rates across all categories, including residential and group housing, effecting a hike of up to 30 per cent, according to officials. On determination of land rates for the financial year 2022-23, the Noida Authority said, “The land rate of 'E' category sectors of residential plots is Rs …

EV charging station must for every new building: Noida Authority
2 years, 5 months ago

EV charging station must for every new building: Noida Authority

India Today  

Noida Authority have decided to not approve any building plan until and unless the building authorities make provisions for an electric vehicle charging station in it. Notably, as per March 25, this year, the number of electric vehicles in the country are 10,76,420 and as per the Bureau of Energy Efficiency, a total of 1,742 Public Charging Stations are operational …

Greater Noida raises minimum rate for residential, farmland purchase. Details
2 years, 8 months ago

Greater Noida raises minimum rate for residential, farmland purchase. Details

Live Mint  

Minimum rate for buying farmland in Greater Noida will now cost ₹3,750 per sq metre with effect from 1 April. Minimum rate for residential land will also cost ₹7,000 per square metre in Greater Noida, Greater Noida Industrial Development Authority announced on Tuesday. Earlier farmland would be available for ₹3,500 per square metre and residential land would cost ₹5,000 per …

Greater Noida: Housing society slapped with Rs 1 crore fine for water pollution
2 years, 9 months ago

Greater Noida: Housing society slapped with Rs 1 crore fine for water pollution

India Today  

In its biggest penalty yet for water pollution, the Greater Noida Industrial Development Authority on Wednesday imposed a fine of Rs 1 crore on a group housing society for dumping untreated sewerage into a rainwater drain in violation of norms. Action has been taken against Supertech's Eco Village One project and the developer has been directed to remit the penalty …

Noida allots 60k-sqm plot to Microsoft in sector-145
3 years, 8 months ago

Noida allots 60k-sqm plot to Microsoft in sector-145

Hindustan Times  

Noida: The Noida authority on Thursday allotted a plot spanning over 60,000 square metre to Microsoft India private limited in sector-145 at a premium of ₹103.66 crore. HT Image Officials from the Noida authority said plots A-01 and A-02 have been allotted to the company under IT/ITES category. Meanwhile, the Noida authority has also allotted 11,683 square metres-land to Shiv …

Noida Authority to set up start-up hub, approves Rs 4640 crore budget during 199th board meet
4 years, 4 months ago

Noida Authority to set up start-up hub, approves Rs 4640 crore budget during 199th board meet

India Today  

Noida Authority held its 199th Board Meeting in the presence of Chairman Alok Tandan, CEO Ritu Maheshwari and other senior officials. Chief Executive Officer of the Noida Authority, Ritu Maheshwari said in a tweet, "Decisions taken: Zero-period facility for unfinished group housing projects has been extended to 31.12.2021; Interest on dues to Authority has been revised as per SBI MCLR …

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