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 as directed by the Govt of UP; Extension of the time period for completion of projects by six months." Lets strive for #1 All India this year pic.twitter.com/KOVzy1tEQC— CEO, NOIDA Authority #IndiaFightsCorona August 20, 2020 "Budget for the financial year 2020-21 with projected Receipts of Rs 5037.37 cr and Expenditure of Rs 4640.48 cr, including for land acquisition, development work and Health Services, among others were approved by the Board," Maheshwari added. @CMOfficeUP @Satishmahanaup @UPGovt pic.twitter.com/FkvVpcqWbh— CEO, NOIDA Authority #IndiaFightsCorona August 18, 2020 During the Board Meeting on Tuesday, the Noida Authority also discussed subdivisions of large plots in Batak, determination of arrears from builders based on SBI's MCLR along with about 40 other agendas related to residential, industrial and commercial issues.

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History of this topic

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 …

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 …

Planning to Buy a House? Property Prices Surge in Noida as Land Allotment Rates Increase by 6%
5 months, 1 week 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 …

Noida okays ₹7,700 crore budget for 2024-25; Buying land becomes more costly as allotment rates hiked by 6%
5 months, 1 week ago

Noida okays ₹7,700 crore budget for 2024-25; Buying land becomes more costly as allotment rates hiked by 6%

Hindustan Times  

The Noida authority during its board meeting convened on Friday approved ₹7,700 crore budget for the financial year 2024-25 and also hiked the land allotment rates by 6% in all categories except the commercial and corporate house plots. On Friday, Uttar Pradesh chief secretary Manoj Kumar Singh, who is also the industrial development commissioner and Noida Authority chairman, presided over …

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 prepares ₹7,000 crore budget for board approval
5 months, 4 weeks ago

Noida prepares ₹7,000 crore budget for board approval

Hindustan Times  

The Noida authority on Tuesday said that it is likely to approve a ₹7,000 crore annual budget in its board meeting scheduled on June 27. he board meeting is likely to take place in Noida authority’s Sector 6 administrative office. Uttar Pradesh additional chief secretary Manoj Kumar Singh, who is also chairman of Noida authority, will chair the board meeting …

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 …

Greater Noida authority holds talks with builders on homebuyer registry
7 months, 2 weeks ago

Greater Noida authority holds talks with builders on homebuyer registry

Hindustan Times  

The Greater Noida Industrial Development Authority on Wednesday held a meeting with real estate developers from industry body CREDAI, directing them to pay dues soon and ensure registry of flats in scores of projects in the area. He asked the builders who have not deposited 25 per cent of the total outstanding amount on their projects to make the payment …

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 to give nod for execution of registries of 3,000 flats in 31 unfinished projects
11 months, 1 week ago

Noida to give nod for execution of registries of 3,000 flats in 31 unfinished projects

Hindustan Times  

The Noida authority on Monday said it is likely to issue permission for execution of registry of at least 3,000 ready apartments in 31 finished housing projects by offering them penal interest waivers under the new state government policy announced on December 19 to address the woes being faced by the real estate sector. The realtors of these 31 complete …

Noida, Greater Noida to evolve as data centre hubs
11 months, 1 week ago

Noida, Greater Noida to evolve as data centre hubs

Hindustan Times  

NOIDA: Noida and the Greater Noida region is set to emerge as a hub of data centres in northern India as many leading global IT companies are setting up their facilities in this industrial belt with multiple players making a commitment to Uttar Pradesh government to invest at least ₹30,000 crore together. Following the UP government’s directives, the Noida and …

Over 3,000 flats registered in 3 months in Greater Noida, 6,000 expected by Diwali
1 year, 2 months ago

Over 3,000 flats registered in 3 months in Greater Noida, 6,000 expected by Diwali

Hindustan Times  

Over 3,000 homebuyers have got their flats registered in the past three months, the Greater Noida Industrial Development Authority has said, adding that the number of registrations is expected to reach 6,000 by Diwali. "From July 26 till now, flats have been registered in the names of 3,016 buyers," Greater Noida Industrial Development Authority said in a statement on Wednesday. …

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 …

₹155 crore projects dedicated to public on Noida foundation day
1 year, 8 months ago

₹155 crore projects dedicated to public on Noida foundation day

Hindustan Times  

The Noida Authority marked its 48th foundation day with a three-day event that included sports, cultural activities, and the launch of new projects. Noida, India- April 17, 2023: Noida Authority organizes laser light show at Indore Stadium on the occasion of 48th Noida foundation day, in Noida, India, on Monday, April 17, 2023. “We have dedicated 15 projects worth ₹155 …

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 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 …

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 …

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 …

IKEA gets 50,000 sqm land to set up outlet in Noida, likely to invest Rs 5,000 crore in seven years
3 years, 10 months ago

IKEA gets 50,000 sqm land to set up outlet in Noida, likely to invest Rs 5,000 crore in seven years

Firstpost  

The commercial land has been allotted to the company in Sector 51 for Rs 850 cr. Officials estimate job creation for 2,000 people due to the project Noida: IKEA was on Friday handed over a land parcel measuring nearly 50,000 sq metres in Noida where the Swedish furniture giant is set to start its first retail outlet in Uttar Pradesh, …

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