Allahabad High Court removes Noida CEO and Chairman amidst allegations of land allotment scam. CBI to investigate real estate land deals.
Noida farmers call off strike, allowing builders to resume halted work, after Noida Authority assures to meet their demands within 5 months.
The Allahabad High Court halted construction on residential projects in Noida Sectors 120 and 75 after farmers petitioned, alleging improper land acquisition processes.
Supreme Court mandates individual flat registration at current circle rates in Noida cooperative societies, impacting 15,000 owners and potentially generating INR 100 crore for the government.
Allahabad High Court grants Noida Authority two weeks to resolve the farmer crisis, potentially benefiting all parties involved.
BPTP Group paid Rs 1000 crore to Noida authorities as first installment for its 95-acre project, utilizing internal accruals and past PE investments. The remaining Rs 250 crore will be paid soon. BPTP outbid DLF and Omaxe for the project, facing a tight deadline due to funding challenges in the current real estate market.
Noida Authority invites bids for nine hotels near the Taj-Agra Expressway, reflecting growing demand in the NCR region for hospitality and retail properties.