Greater Noida
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Urban Expansion: UP Developing Five New Townships Near Noida
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As the local real estate and economy witnesses a huge boost from the upcoming Noida International Airport, set to open in 2025, the Uttar Pradesh government plans to develop several urban townships. The Uttar Pradesh government will develop five new cities across 56,000 hectares of land to the east of Noida. These new townships are…
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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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