News
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YEIDA Launches New Residential Plot Scheme Near Noida International Airport
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The Yamuna Expressway Industrial Development Authority (YEIDA) has introduced a new residential plot scheme on Yamuna Expressway, offering 451 plots in proximity to the Noida International Airport in Jewar. YEIDA’s latest residential plot scheme (Scheme Code : RPS08(A)/2024) targets mid-income group buyers, with plots available in five distinct categories, catering to varying needs and budgets.…
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Noida Authority Makes Tripartite Sale Agreement Mandatory to Protect Apartment Buyers
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The Noida Authority has made an important change to protect homebuyers. It now requires a tripartite sale agreement to be signed between the buyer, developer, and the Noida Authority for sale of apartments in under-construction projects. This agreement must be registered as soon as the buyer pays 10% of the property cost to the developer.…
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YEIDA to Make Registered Agreement Mandatory for Property Sale by Developers
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The Yamuna Expressway Industrial Development Authority (YEIDA) is planning to require that all property sales by real estate developers must be conducted through registered agreements. According to a news report by Hindustan Times, this decision, made on September 27, 2024, aims to protect homebuyers and bring more transparency to real estate transactions. The authorities in…
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Boom Town: Greater Noida Authority Get Rs 521 Cr for 3 Land Parcels
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(Greater Noida, 9 September 2024) The Greater Noida Industrial Development Authority (GNIDA) has successfully auctioned three residential plots with a total sale value of Rs 521 crore, more than double the reserve price of Rs 262 crore. This result reflects growing confidence and interest in Greater Noida’s real estate sector. According to The Economic Times,…
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DDA Announces Three Housing Schemes for Affordable Homes
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Delhi, August 19, 2024 – Looking to buy a dream home in Delhi? Here’s your chance. The Delhi Development Authority (DDA) has launched three housing schemes, providing affordable housing options across various price ranges. Launched on 19 August 2024, these schemes offer around 40,000 flats, including previously unsold units, across multiple locations in the city.…
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