Greater Noida
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Women in Uttar Pradesh Get ₹1 Lakh Stamp Duty Exemption on Property Registrations
If you buy a property in the name of your wife, mother, or daughter, you can now save up to ₹1 Lakh in stamp duty for property registration! The Uttar Pradesh government has increased the 1% stamp duty exemption limit for women property buyers. The stamp duty exemption, previously capped at ₹10,000 for properties worth
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‘Leasing Guarantee’ Trap Hurting Commercial Real Estate Investors
Imagine this: Someone approaches you to lease your property with the intent to sub-let. The person wants a 9-year lease with a fixed lease for the first 3 years. For the rest tenure, your rental is linked to the lease rent paid by the sub-tenants which your tenant will control. The tenant will have no
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Urban Expansion: UP Developing Five New Townships Near Noida
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
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
(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,