The Noida Authority is preparing to increase the rates for land acquisition, a move that will make constructing homes, establishing industries, and purchasing residential flats in Noida more expensive. This proposal is expected to be tabled during the upcoming Board meeting. Come November, the cost of conducting business, constructing homes, setting up industries, and purchasing residential flats is...
After a long wait of 15 years, buyers have finally started receiving possession of their homes at the Amrapali Verona Heights project in Greater Noida West. For homebuyers at Amrapali's Verona Heights project—located in Greater Noida West, Uttar Pradesh—the long wait has finally culminated in a moment of joy. For the approximately 5,000 buyers whose investments were stalled in this project, this...
Over the past few years, Noida's housing market has moved beyond the reach of the middle-class budget. If one wishes to purchase a decent home here, it has become difficult to find even a 2BHK unit within the ₹50 to ₹80 lakh range. The skyrocketing surge in property prices and rental rates witnessed in Noida over recent times is neither a mere coincidence nor an artificial bubble. Real estate...
Prime Minister Narendra Modi is scheduled to inaugurate the Noida International Airport on March 25. Once operational, the airport will alleviate the traffic burden on the Delhi Airport and provide a significant boost to Noida's infrastructure and property market. After a long wait of 25 years, the dream of launching the Noida International Airport is finally becoming a reality. Prime Minister Narendra...
The NMRC has submitted the final report to the Ministry of Urban Development regarding the 7.5-kilometer-long route extending from Sector-51 to Sector-4 under the Noida-Greater Noida West Metro project. Preparations for the construction of a new metro line connecting Sector-51 in Noida to Sector-4 in Greater Noida .west have been completed as part of the metro network expansion initiative in Noida and...
The link expressway project, designed to directly connect the Noida International Airport with the Ganga Expressway, is now witnessing accelerated progress. Taking a significant step in this direction, the Yamuna Expressway Industrial Development Authority (YEIDA) has acquired 93 hectares of land. Major news has emerged regarding connectivity in Uttar Pradesh. The vision of connecting the Noida...
The Yamuna Authority's residential plot scheme has received RERA registration, paving the way for its launch. This scheme, which had been stalled for several months due to objections raised by RERA, is now set to commence following the Board meeting. The Uttar Pradesh Real Estate Regulatory Authority (RERA) has officially registered the Yamuna Authority's residential plot scheme. The Authority is...
The inauguration date for the Noida International Airport has been announced today. Following the airport's operational launch on March 28, there is a strong likelihood of a surge in the property markets of several cities, including Noida, Greater Noida, Delhi, Faridabad, Gurugram, Agra, Mathura, and Ghaziabad. Prices for flats, land, and plots in this region are expected to rise manifold. The date...
The Board meeting of the Yamuna Authority will be held on Friday afternoon, presided over by Chairman and Additional Chief Secretary Alok Kumar. During this meeting, the budget proposals for the upcoming financial year will be approved. Purchasing property within the Authority's jurisdiction could become more expensive. In the previous financial year, YEIDA hiked property allotment rates by 10 to 35...
Four new loops will be constructed on the Bhangel Elevated Road in Central Noida, providing traffic relief to over 100,000 people. The design for these loops has been submitted to IIT Delhi, and tenders will be issued following its approval. To provide commuting facilities to over 100,000 people in Central Noida, four loops are to be constructed on the Bhangel Elevated Road. The design for these loops...