Buying a House in Greater Noida Will Become Costlier as Property Prices Rise by 5%
5 months 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 In Greater Noida, the updated rates for sectors such as sectors 1, 2, 3, 4, 10, 12, 16, 16B, and 16C, Alpha 1 and 2, Gamma 1 and 2, Beta 1 and 2, Delta 1, 2, 3, and Swarn Nagari will now be Rs 47,227 per square metre, up from Rs 44,850 last year. NG Ravi Kumar, CEO of Greater Noida Authority, said that numerous development projects have been planned for Greater Noida and Greater Noida West.

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History of this topic

Noida authority plans industrial sectors, eyes 25ha land
1 month, 2 weeks 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, 3 weeks 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 …

Noida May Have Taller Buildings, More Floor Area If This New Proposal Gets Nod
4 months, 1 week 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
4 months, 1 week 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, 3 weeks 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 …

Greater Noida set for ₹28 crore waste recycling project
4 months, 4 weeks ago

Greater Noida set for ₹28 crore waste recycling project

Hindustan Times  

The Greater Noida authority announced on Sunday its plans to initiate a ₹28 crore waste recycling project, expected to start within a week, aimed at improving the city’s waste treatment system. Currently, around 500,000 metric tonnes of waste are lying in the Lakhnawali area, with an expected increase to 600,000 metric tonnes within the next year. The authority has awarded …

Work on ₹80 crore STP to begin soon in Greater Noida
5 months, 3 weeks ago

Work on ₹80 crore STP to begin soon in Greater Noida

Hindustan Times  

NOIDA: The work on Greater Noida West’s first sewage treatment plant having a budget of ₹80 crore will commence soon as the tender has been issued for it, the Greater Noida authority said on Friday. “We have issued a tender of ₹80 crore STP project that will be of 45 million litre daily treatment capacity and treat the sewage of …

Planning to Buy a House? Property Prices Surge in Noida as Land Allotment Rates Increase by 6%
5 months, 3 weeks 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, 4 weeks 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
6 months, 1 week 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, 3 weeks 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
8 months 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 …

UP govt asks Noida, Greater Noida to cancel allotments of realtors who still have land dues
8 months 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, 3 weeks 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
9 months, 1 week 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 …

YEIDA releases ₹681cr for acquiring land near Noida Airport
9 months, 1 week 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, 3 weeks 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 comes up with commercial plot scheme; Offers floor area ratio of 4
10 months, 1 week ago

Greater Noida comes up with commercial plot scheme; Offers floor area ratio of 4

Hindustan Times  

The Greater Noida authority has launched a commercial plot scheme for those wanting to start businesses in the industrial city, and officials said at least 18 plots of sizes ranging from 2,313 square metres to 12,000 square metres are on offer. Four plots are in Sector 10, six in Sector 12, one each in Alpha Two, Ecotech 12 and Techzone, …

Godrej Properties wins bid for group housing plot for ₹506 crore in Noida
10 months, 2 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 …

Greater Noida authority issues occupancy papers to 854 apartments
10 months, 4 weeks 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 …

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

Greater Noida pays ₹1100 crore dues to banks
11 months, 2 weeks ago

Greater Noida pays ₹1100 crore dues to banks

Hindustan Times  

The Greater Noida authority has started undertaking steps to improve its financial health as it is faced with the challenge of paying off around ₹5,000 crore loan to different banks and the Noida authority. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The Greater Noida authority officials says it took a ₹6,000 crore loan in the past 10 years from banks and the Noida …

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, 8 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, Greater Noida builders seek one-time settlement scheme for land dues | KNOW DETAILS
2 years, 1 month 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, 2 months 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 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 …

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 …

Greater Noida raises minimum rate for residential, farmland purchase. Details
2 years, 9 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, 9 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 …

Amrapali buyers worry Greater Noida authority won’t finish 35,000 flats
5 years, 8 months ago

Amrapali buyers worry Greater Noida authority won’t finish 35,000 flats

Hindustan Times  

A day after the Supreme Court said that it would hand over Amrapali Group’s stuck housing projects to the Greater Noida and the Noida authorities, the homebuyers on Thursday expressed concerns that the debt-ridden Greater Noida authority would be able to finish around 35,000 flats. “The cash-rich Noida authority can easily arrange funds to finish flats in Amrapali’s projects. Therefore, …

Greater Noida West Metro gets nod for extension
6 years, 1 month ago

Greater Noida West Metro gets nod for extension

India TV News  

The Greater Noida Industrial Development Authority on Tuesday approved extension of the metro from Noida Sector 71 to Knowledge Park 5 in Greater Noida. The Akhilesh Yadav government had earlier approved construction of a 15-km metro project to connect Noida Sector 71 with Greater Noida’s Knowledge Park 5 via Ace Divino. The 15km Metro project connecting Noida’s Sector 71 with …

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