Author Archives: pankaj sonkar

Supreme Court upholds decision against flats in Noida Extension

The Supreme Court today upheld the Allahabad High Court order that had quashed the Greater Noida Authority’s acquisition of land in the Shahberi village that falls under Noida Extension. The Supreme Court also imposed a fine of Rs. 10 lakh on the … Continue reading

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Land row: Greater Noida Authority to seek SC reprieve

GREATER NOIDA: The  Greater Noida Industrial Authority will now approach the Supreme Court against the Allahabad high court order denotifying acquisition of several villages in Greater Noida. According to sources, the Authority will file a Special Leave Petition on Monday to get the … Continue reading

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Plunging sales and piling debt put real estate companies in a fix

It has been a double whammy for the real estate companies. While the rising home loan rates are making their customers shy away, massive debts, a result of reckless land acquisition during the heyday, are damaging their financial stability. The … Continue reading

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Noida’s New Landlords

Noida’s real estate boom is bouyed by small entrepreneurs, but marred by controversies over execution and land acquisition Since 2008, residents of the National Capital Region (NCR) have had to contend with a very annoying problem: Endless text messages about … Continue reading

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PE investment in real estate on rise

Investment in real estate companies through the private equity (PE) route has shown a nearly threefold rise in the first five months of the current calender year as the fund flow from the banking sector has dried up in the … Continue reading

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Gurgaon metro rolls out in 2013

New-Age Trains To Be Less Noisy,Will Draw Power From Rail Track Itself Come 2013 and Gurgaon may finally have its very own metro system.On Monday,Rapid Metro Rail Gurgaon Ltd which is building the first private metro in the Millennium City … Continue reading

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बढ़ जाएगी सोसायटी के फ्लैटों की ‘वेल्यू’

नोएडा। रजिस्ट्री से मिले मालिकाना अधिकार के चलते आवासीय समितियों के फ्लैटों की वैल्यू अब बढ़ जाएगी। सर्किल पर रजिस्ट्री होने से फ्लैटों की न्यूनतम कीमत तय हो ही चुकी है। वहीं, टाइटल मिलने से बैंक से कर्ज की राह … Continue reading

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Developers interests in road projects increasing

New Delhi: There are some signs of private road developers showing renewed interest in highway projects.NHAI officials said 11 projects awarded recently have attracted unexpected response.In some cases,private developers have offered premium beyond government expectation and in some others,they have … Continue reading

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Minister orders allotment of Bawana flats

New Delhi: Delhis minister of industries Ramakant Goswami has carried out an inspection of the housing project under Rajiv Ratna Awas Yojna in Bawana.The CEO of Delhi Urban Shelter Improvement Board,Deputy Commissioner North-West,and senior officials of DSIIDC,MCD,DJB,DTC,PWD,Dept of Education,Health and … Continue reading

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पेनाल्टी से छूट की अवधि हुई खत्म, सबलीज बाकी स्टांप विभाग और अथॉरिटी में उमड़ी भीड़

नोएडा। आवासीय समितियों के फ्लैटों की सबलीज पर पेनाल्टी न लगाने को लेकर सुप्रीम कोर्ट से मिली छह माह की अवधि बुधवार को खत्म हो गई। यह अवधि न बढ़ने के कारण आज से सबलीज कराने के लिए लोगों को … Continue reading

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