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Tag Archives: developers
Buyers beware: Land mafia on prowl in Noida Extention
Greater Noida: Illegal sale of plots to unsuspecting buyers is on the rise in Noida Extension. About 20 builders/developers, mostly from Delhi, are buying land, already notified for acquisition by the government, from farmers and selling plots to those looking … Continue reading
Developers want ‘force majeure’ in draft Realty Bill
New Delhi: Real estate developers, smarting from the Greater Noida debacle where the Allahabad High Court halted construction of disputed projects, have sought inclusion of “force majeure” provisions in the proposed real estate bill drafted by the central government. The developers’ … Continue reading
20 pct land reservation made mandatory for affordable housing
Mumbai: The Maharashtra government today made it mandatory for developers with layout of over 2000 sq mt to reserve 20 per cent of land for affordable housing. Chief Minister Prithviraj Chavan who also holds the Housing portfolio told reporters after the … Continue reading
Builders get 3 months to pay extra burden
Greater Noida: Developers who have upcoming projects in the area have been asked by Greater Noida Authority to pay back the enhanced compensation of Rs 3,500 that was disbursed to farmers within the next three months. In a meeting with the … Continue reading
Posted in Latest News
Tagged 3 months, Builder, developers, Greater Noida, Greater Noida Authority, pay extra burden, upcoming projects
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Anshuman Magazine, CMD, CB Richard Ellis (South Asia)
‘Real estate market in India is better than the general perception’ Chairman and Managing Director (South Asia), CB Richard Ellis, Anshuman Magazine, was in Chandigarh to participate in the Realcon-2011, an exhibition and exposition on real estate construction, building material and … Continue reading
Buyers fear FAR increase may affect quality
Greater Noida: Homebuyers in Noida Extension have now started fearing that the quality of their houses may be compromised due to the recent increase in floor area ratio (FAR) by Greater Noida Authority.Last month,the Authority had allowed developers to build … Continue reading
More anxiety for buyers,builders
Greater Noida: A fortnight after Allahabad High Courts order on land acquisition in Noida and Greater Noida,the status of projects in these areas remains far from clear.While all stakeholders had hailed the order at the time,the initial euphoria has died … Continue reading
Posted in Latest News
Tagged Allahabad High Courts, Amrapali Group, anxiety for buyers, Authority, builders, communicating, developers, Greater Noida, homebuyers, housing projects, Land acquisition, Master Plan-2021, Noida, Projects, stopped all construction work, Supertech, Supertechs Eco Village-II project
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No work in Noida Extn till NCR board nod
Sources Say Process Could Take More Than A Month Greater Noida: Early resumption of construction at Noida Extensions housing projects is now ruled out as Greater Noida Industrial Development Authority (GNIDA) has ordered builders to keep work on hold till … Continue reading
Citizens prefer to rent homes than buy them
Residents of the space crunched city, where homes come with extortionate price tags, seem to prefer to rent houses rather than buy them. Data compiled by the state stamp duty department shows that in March 2011, registration of homes plunged … Continue reading
