Project delays plague NCR's residential market, causing a 31% drop in new launches and leaving 140,000 unsold units, impacting homebuyers and developers.
NH 24 widening approved, set to boost Noida and Ghaziabad real estate
Noida and Greater Noida authorities caution defaulting developers to clear dues or face consequences, impacting flat registrations and home buyers due to financial crunch.
Noida Authority reveals 50 developers haven't paid dues, causing a Rs. 3,000 crore loss. The authority plans to amend the 2008 scheme that allowed 10% upfront payment for land, intending to recover the substantial losses.
NGT's groundwater ban for construction halts Noida, Greater Noida projects. Builders await clarification, while homebuyers worry about rising costs and project delays.
Noida Authority uncovers a real estate scam worth Rs.3800 Cr from 2011, leading to the removal of several officials and potential suspensions.
Noida Authority seizes back 90 acres of encroached government land worth Rs.10,000 Cr, vows to demolish all illegal constructions.
The real estate sector faces labor shortages, leading to exploitation of migrant workers in India, often forcing them into bonded labor and crime.
Allahabad High Court removes Noida CEO and Chairman amidst allegations of land allotment scam. CBI to investigate real estate land deals.
Patel Realty India Limited plans a ₹75 crore investment for two townships in Hyderabad, including the smart condominium project Smondo featuring 400 apartments.
Bollywood superstar Shahrukh Khan has become the brand ambassador for NCR-based real estate developer Mahagun, marking his first endorsement in the real estate sector.
Illegal sand mining is becoming a major issue in Noida, affecting real estate construction and the environment. Villages near residential projects are prime spots for this activity.
Noida farmers call off strike, allowing builders to resume halted work, after Noida Authority assures to meet their demands within 5 months.
Brys Group is set to construct the 300 m tall Brys Tower in Noida as it seeks to address the growing land shortage for residential projects in the area.
The Allahabad High Court halted construction on residential projects in Noida Sectors 120 and 75 after farmers petitioned, alleging improper land acquisition processes.
Delhi's real estate market faces challenges in 2012 due to competition from Gurgaon and Noida, offering better options and deals.
The real estate landscape in Noida is increasingly skewed towards luxury developments, leaving middle-income groups struggling to find affordable housing options.
Jaypee Greens launched Kasa Isles, a Mediterranean-inspired residential project in Noida, featuring 2000 apartments ranging from studio to 4BHK.
Jaypee Group announces Jaypee Greens Sports City in Greater Noida, near key landmarks, offering affordable 2 and 3 bedroom apartments and commercial properties.
IVRCL to sell high-priced land, focusing on low-cost housing amidst real estate downturn