A proposal by Naredco body of realtors to give space for COVID-19 quarantine wards in two housing projects in Noida was met with skepticism by residents associations, which said the decision triggered fear among the citizens living there. The Noida administration said it received aid offers from many quarters, but there were stringent public health […]
Noida residents refuse for quarantine units provided by realtors.more
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 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
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 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