Tag: #GNIDA

Developers to get relaxation on penalty due against delayed projects.

January 21, 2020

The GNIDA has modified how it measures money owed by developers, requiring them to later pay penalties for delayed development. Cash-strapped builders can now seek funds from financial institutions or find bailout packages with this. “We will give developers permission to obtain a mortgage from financial institutions as soon as they settle our core dues. […]

Developers to get relaxation on penalty due against delayed projects.more

Greater Noida Industrial Development Authority will soon carry all services and infrastructure works online.

December 16, 2019

The Greater Noida Industrial Development Authority (GNIDA) would shortly become an e-Authority with GIS and ERP systems carrying all services and infrastructure works. In the next three months, the two facilities will be launched with various other services becoming completely online. The Geographic Information System (GIS) will be able to map all facilities, along with […]

Greater Noida Industrial Development Authority will soon carry all services and infrastructure works online.more

Noida standing committee will assess the zero-period waiver to determine the relief to be paid to homebuyers.

December 5, 2019

A permanent committee of the Greater Noida Industrial Development Authority (GNIDA) and Noida Authority would assess all housing projects that seek a zero-period waiver and determine the amount to be exempted from each developer. It would rely on this particular estimate to determine how much relief would be extended to home buyers. The zero-period policy, […]

Noida standing committee will assess the zero-period waiver to determine the relief to be paid to homebuyers.more

Court pulls up GNIDA for the illegal constructions in the Shahberi area, rejects bail plea of 19 developers.

September 25, 2019

By Abhay Shah, Realty Quarter On September 24, a court here that was hearing cases related to the illegal construction of high-rise buildings in the Shahberi village at Greater Noida rejected anticipatory bail pleas by 19 developers. Additional sessions Judge Indrapreet Singh Josh also directed the Greater Noida Industrial Development Authority (GNIDA), district administration and police to […]

Court pulls up GNIDA for the illegal constructions in the Shahberi area, rejects bail plea of 19 developers.more

GNIDA arrested officials who were involved in illegal construction in Shahberi.

August 19, 2019

By Abhay Shah, Realty Quarter The Greater Noida Industrial Development Authority (GNIDA) found officials responsible for unauthorized construction in Shahberi in the first step towards setting accountability. It also finalized IIT-Delhi to perform a structural audit of the area’s buildings and began sealing the empty ones. Meanwhile, 12 of the 29 protesters arrested after August 14 disputes with officials and police, who were not able to be made in a court on a holiday, were in prison on August 15. Nine people were killed in July last year when two six-story buildings collapsed in Shahberi. This was followed by a crackdown […]

GNIDA arrested officials who were involved in illegal construction in Shahberi.more