Board irons out development bottlenecks
Jan 12, 2013, 01.41AM IST TNN

NOIDA: Several development projects were approved in the joint board meeting of the Noida, Greater Noida and Yamuna Expressway authorities on Friday. Even though the main focus remained on boosting connectivity and developing industrial clusters, the authorities even attempted to pacify agitating farmers by amending provisions related to land acquisition.

Noida Authority CEO Sanjeev Saran said rapid population growth has led to an urgent need to improve the transportation system. An additional 170 buses, including 20 semi low-floor buses and 50 feeder vehicles, will be started at the cost of Rs 40.5 crore. "The Authority will develop the city bus terminal in Sector 82 on 3.9 hectare with world-class infrastructure," he said.

Concerned over rampant accidents on Noida-Greater Noida Expressway, an Rs 15 crore Intelligent Transport System (ITS) will be installed to monitor and manage traffic flow.

To counter farmers' agitation, the board passed several amendments in the provisions to sort out abadi regularization, disbursement of developed land, enhanced compensation and inherited and non-inherited property issues.

"The land in Gautam Budh Nagar district was acquired in three phase in 1976, 1979 and 1997. Earlier, those farmers whose land was acquired in 1976 were eligible to get 5% abadi land, while those whose land was acquired between 1979 and 1997 were kept out of pool. The board has approved to grant abadi land to these farmers too," said Rajesh Prakash, administrative officer, Noida Authority.

"The minimum size of developed plots to be given to farmers whose land was acquired will be 40sq.mtr. The 5% developed plots will also be given to those farmers who were found eligible for plots below 40sq.mtr," Prakash added.

Around Rs 650 crore has already been disbursed towards enhanced compensation to farmers and the board has approved another Rs 450 crore. For village development work, the engineering department will not need approval from the land records department now.

The number of highrises in the city is expected to increase in the next two years, so there is a need of updated fire safety infrastructure. "The Authority will buy 72m hydraulic machines in case of fires in highrises," Saran said. A 1MW solar power plant will be developed on a 5 acre plot over the Sector 135-152 irrigation drain mainly for streetlights.

NOIDA: Several development projects were approved in the joint board meeting of the Noida, Greater Noida and Yamuna Expressway authorities on Friday. Even though the main focus remained on boosting connectivity and developing industrial clusters, the authorities even attempted to pacify agitating farmers by amending provisions related to land acquisition.

Noida Authority CEO Sanjeev Saran said rapid population growth has led to an urgent need to improve the transportation system. An additional 170 buses, including 20 semi low-floor buses and 50 feeder vehicles, will be started at the cost of Rs 40.5 crore. "The Authority will develop the city bus terminal in Sector 82 on 3.9 hectare with world-class infrastructure," he said.

Concerned over rampant accidents on Noida-Greater Noida Expressway, an Rs 15 crore Intelligent Transport System (ITS) will be installed to monitor and manage traffic flow.

To counter farmers' agitation, the board passed several amendments in the provisions to sort out abadi regularization, disbursement of developed land, enhanced compensation and inherited and non-inherited property issues.

"The land in Gautam Budh Nagar district was acquired in three phase in 1976, 1979 and 1997. Earlier, those farmers whose land was acquired in 1976 were eligible to get 5% abadi land, while those whose land was acquired between 1979 and 1997 were kept out of pool. The board has approved to grant abadi land to these farmers too," said Rajesh Prakash, administrative officer, Noida Authority.

"The minimum size of developed plots to be given to farmers whose land was acquired will be 40sq.mtr. The 5% developed plots will also be given to those farmers who were found eligible for plots below 40sq.mtr," Prakash added.

Around Rs 650 crore has already been disbursed towards enhanced compensation to farmers and the board has approved another Rs 450 crore. For village development work, the engineering department will not need approval from the land records department now.

The number of highrises in the city is expected to increase in the next two years, so there is a need of updated fire safety infrastructure. "The Authority will buy 72m hydraulic machines in case of fires in highrises," Saran said. A 1MW solar power plant will be developed on a 5 acre plot over the Sector 135-152 irrigation drain mainly for streetlights.
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  • Over 2 lakh apartments unsold in Delhi-NCR; may take 4 years to be picked up: Knight Frank

    The half yearly report brought out by the agency states that despite low launches, old flats were simply not picked up over last six months.

    Sharmila Bhowmick | TNN | Jul 08, 2016, 02.00 PM IST

    NOIDA: In what is being projected as the worst sales performances ever, the Mumbai office of UK based real estate analysts and researchers Knight Frank, in their recently released report: India Real Estate, have stated that Delhi-NCR is sitting on an inventory pile up of 2,00,398 apartment units. It predicts that it could take four years to push these unsold properties off the shelf. All sales figures were collected by Knight Frank from builders.

    The half yearly report brought out by the agency states that despite low launches, old flats were simply not picked up over last six months. Buyers have shown caution in Delhi, Gurgaon, Faridabad, Ghaziabad, Noida and Greater Noida. However, from the ones that sold, 80% were from Gurgaon and Greater Noida. There has been a 41 percent YOY dip in launches in NCR too.

    To break up the numbers, Delhi presently has 1312 apartments; Faridabad 6540, Ghaziabad, 33, 378, Greater Noida 77,560, Gurgaon 51, 554 and in Noida, 30,054 apartments.

    Commenting on the H1 2016 trend, Shishir Baijal, Chairman & Managing Director, Knight Frank India said, "NCR, one of the largest residential markets has showed one of its worst performances since the last 6-7 years that we have been analysing this market. Going forward, the realty market in NCR will continue to remain muted in the second half of 2016. Knight Frank estimates sales to plug around 20,000 units in the coming two quarters."

    However, defending the status of the real estate market in NCR, Credai NCR president, Manoj Gaur rubbished the reports. "We are not sure about their data collection method. It is impossible for the NCR market to have such huge numbers of unsold inventory as most of the apartments are presold before launch," Gaur told TOI.




    Over 2 lakh apartments unsold in Delhi-NCR; may take 4 years to be picked up: Knight Frank | ET RealEstate
    CommentQuote
  • Fraud of Rahul gaur brother of Manoj gaur gaur city cmd multiple FIR and court cases filed in Delhi and noida but no progress seems sab mile hue hai.

    There is link of story on fraud of BRYS Group. plz check https://www.youtube.com/watch?v=la5myI9fgak
    CommentQuote
  • Builders against seeking floor-wise plan clearance in Noida
    Abhishek Anand, Hindustan Times, Nodia | Updated: Jul 09, 2016 23:47 IST


    The Confederation of real estate developers’ association of India (Credai) is opposing the Greater Noida authority’s decision to have builders get floor-wise clearance for construction plans by a team from Indian Institute of Technology (IIT), Delhi. At a recent board meeting, Credai members discussed the issue and said that such orders will delay construction, eventually leading to delay in possession of flats.

    Possession of a number of residential units in Greater Noida has already been delayed. The builders said they are trying not to delay possessions further.

    “The authority has its own employees to check construction work, but if we keep going to the IIT Delhi team with construction plans for each floor, too much time will be wasted. Every builder is trying to hand over possession as soon as possible. Such rules will delay possessions and homebuyers and builders will suffer,” said a Credai spokesperson.

    The builders have now sought time from the authority to discuss the issue.

    “There are more than two lakh under-construction residential units in Greater Noida and Greater Noida West localities. Getting clearance for floor-wise plan will take too much time,” the spokesperson added.

    The authority, however, maintained that the builders will have to follow the new order as it is for homebuyers’ benefit.

    “A third-party inspection will not only bring in transparency, but also ensure that the builders are not violating any rules. There cannot be a better third party than IIT-Delhi. I think the builders should understand the need of the hour,” said PC Gupta, additional chief executive officer (ACEO), Greater Noida.

    The Greater Noida authority had on June 25 given the order for floor-wise clearance of construction plan. The safety certification will be based on the National Building Code of India for builders.

    “The entire region of Greater Noida falls under Seismic Zone 4, which means it is prone to earthquakes. That is the major reason for imposing the new floor-wise clearance rule,” said Gupta.







    Builders against seeking floor-wise plan clearance in Noida | noida | Hindustan Times
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  • Flats booked in 2011 but not a brick laid, builder booked - Times of India
    Crux of the matter;
    . "All these families have put their hard-earned money into the project and are awaiting their homes," he said. "People have made 30% to 90% payments against their bookings, which were all made in 2011 and 2012. However, till date, not even the ground has been excavated by the builder," he added.

    Buyers are totally blameworthy here.
    Why invest/buy without even basic checks.??

    Buyers are totally blameworthy here.
    Why invest/buy without even basic checks.??
    CommentQuote
  • Originally Posted by vaibav123

    Buyers are totally blameworthy here.
    Why invest/buy without even basic checks.??


    right now anyone can say this, but can you show me any single post in IREF
    which suggested this 5 years back?
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  • Originally Posted by flatowner2
    right now anyone can say this, but can you show me any single post in IREF
    which suggested this 5 years back?

    There are many posts which speak of problems of u/c.All my earlier posts on the subject speak clearly of what checks should be done-due diligence and legal diligence are always stressed upon.

    Other members have also been advicing on pros and cons of u/c.

    It is not a case of belated wisdom.
    CommentQuote
  • HC accepts compromise on Noida Sector 107 land acquisition

    The high court took the decision while taking on record an affidavit filed by Noida authorities which promised to give increased compensation to the land owners who had agreed to the terms of compromise

    TNN | Jul 12, 2016, 08.02 AM IST


    ALLAHABAD: The Allahabad high court on Monday disposed of several writ petitions relating to acquisition of land in Salarpur village of Sector 107 in Noida after accepting a compromise reached between land owners and the authority.

    The high court took the decision while taking on record an affidavit filed by Noida authorities which promised to give increased compensation to the land owners who had agreed to the terms of compromise.

    The order was passed by a division bench comprising Justice Arun Tandon and Justice Mahesh Chandra Tripathi while disposing of a writ petition filed by Ideal Nutrition Corporation Ltd and several others.

    The petitioners had challenged the acquisition of their land and its transfer to private builders by filing a slew of writ petitions.

    On an earlier date, the land owners of the area, through their counsels, had agreed to accept the increased compensation and other benefits in exchange for their land acquired by the government.






    HC accepts compromise on Noida Sector 107 land acquisition | ET RealEstate
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  • https://www.youtube.com/watch?v=XQdUc2Xm6I4

    - Tata, Oberois, Shapoonji Palonji, Godrej setting up shop.
    - Microsoft setting up campus.

    how true?
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  • NGT asks DDA, Noida Authority, others for details of persons flouting dust emission directions

    The green panel said that in the list of builders, emphasis should be on those who have an area of more than 10,000 square metres.
    PTI | Jul 14, 2016, 06.00 PM IST


    NEW DELHI: The National Green Tribunal (NGT) has asked Delhi Development Authority (DDA), NOIDA authority and other departments to furnish complete details of builders and others flouting instructions about dust emission.

    A bench headed by NGT Chairperson Justice Swatanter Kumar directed the authorities to furnish details within a week and inform it about those real estate builders who have been challaned for flouting these instructions and have not paid the penalty.

    The green panel said that in the list of builders, emphasis should be on those who have an area of more than 10,000 square metres.

    "Corporations, NOIDA authority, municipal corporations, DDA and all other concerned authorities would file their affidavits, giving complete details of persons flouting the instructions in relation to emission from dust etc and the fine that has been recovered," the tribunal said and fixed the matter for July 18.

    "In the event of default, the senior-most officers and all the authorities concerned shall be present before the Tribunal," the bench said.

    The NGT had earlier passed a slew of directions to check air pollution caused by dust emanating from construction sites in the National Capital Region and had made wearing of masks by construction workers mandatory.

    It had also said that any developer, if found violating the orders, shall be liable to pay a fine of Rs 50,000 and said that construction material of any kind that is stored at the building site should be properly covered so that it does not disperse.

    The tribunal had also asked all concerned authorities to take appropriate measures to ensure that all the directions as well as its earlier directions are complied with.






    NGT asks DDA, Noida Authority, others for details of persons flouting dust emission directions | ET RealEstate
    CommentQuote
  • @amitexpert
    @arjunpunjabi
    @dineshsays
    @manoja

    I have a query of academic nature. In any specific builder project say Lotus Boulevard all the internal maintenance, distribution of water and power to individual flats and common areas, upkeep of the club and common area etc is the builder's and later RWA responsibility (after 2 years, if I am not wrong) and for this the apt owners have to pay a monthly charge in proportion to the area of their apt. The responsibility of RWA/ Builder ends out the compound walls of the project, ie roads, street lights etc outside the project is maintained by Noida authority and for this they collect taxes.
    How does this work in case of a large township like WT, who pays for the facilities outside the individual JP projects, inside WT?

    Is it by Noida Authority or this is to be done JP
    If by JP who pays for this and what is proportion of charges
    Are these charges uniform for luxury apts,mid rage and economic apts
    Does the authority recompense JP for providing facilities inside WT like maintaining roads, sewer, street lights and other common areas. In case of CGHS flats in Delhi where there are common power meter for the full society a rebate of 35% is offered for power and also there is a 10% rebate in property tax etc. Does this happen also in Noida.
    Lastly as per rules the builder needs to transfer the maintenance to RWA in 2 years, is this also the norm for WT and does this mean only the individual projects or the whole WT. Will JP continue to maintain the whole township and what is their source of revenue, is this defined in BBA

    The idea is not to belittle JP projects but just raise a germane point. I have tagged a few persons I thought could provide some information. May be some others have more info.
    CommentQuote
  • Noida announces auction Rs 1,000 crore worth of disputed residential plot

    The sector 43 land is disputed between Noida Authority and Kendriya Karamchari Greh Samiti Society.
    Vandana Keelor | TNN | Jul 15, 2016, 10.30 AM IST


    NOIDA: Noida Authority has announced the auction of more than 1.26 lakh square meters of a group housing plot in sector 43 on Wednesday. As per the prevailing sector land rate, the land located in the heart of the city is worth an estimated Rs 1000 crore. Interestingly, as per the advertisement published in several leading dailies, the plot allotment shall be subject to orders of the Allahabad High Court. Reportedly, the sector 43 land is disputed between Noida Authority and Kendriya Karamchari Greh Samiti Society. The case is still open in Allahabad High Court.

    The case, which is almost 20 years old pertains to Noida Authority cancelling allotment of plots to 1,754 members of the Kendriya Karamchari Sahkari Grih Nirman Samiti, a group housing society of Central Government employees. It was the contention of the Authority that the land was allotted in March 1995 fraudulently on the basis of a bogus list of society members. The allotments were then cancelled in May 1998 after an inquiry was conducted by Noida Authority officials. However, the society had claimed that more than 116 acres of land belonging to it had been forcibly acquired by the government and hence society members were entitled to the allottment of 40 per cent of the total land acquired as per Noida's policy.

    In 2008, Noida authority had tried to allot the same land through bidding process. But the society approached the Allahabad high court that stayed the allotment process.

    According to officials, the allotment of the land shall be subject to the final orders of the Allahabad high court. The order of the AHA will be binding on allottee, lessee or sub-lessee, officials said. Officials further said that the scheme will officially be launched open on July 22 and close on August 12, 2016. The plot will be auctioned on a two-bid system including a technical bid and a financial bid. The highest bidder will be allotted the land.

    The prevailing land rate in the area—sector 43 of Noida, which falls in category 'C'—is Rs 76,062 per square meter. However, Noida Authority said the reserve price for the auction is yet to be decided and will be announced soon. The large plot, once allotted will be allowed a ground coverage of 40%. A maximum Floor Area Ratio (FAR) of 3.5 will be allowed here. The height of the buildings will be permitted as per Noida's architectural norms.








    Noida announces auction Rs 1,000 crore worth of disputed residential plot | ET RealEstate
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  • Expect the following infra projects in Noida to be up and running by end of the year

    Underpass and clover leaves at Model town crossing on NH24 providing seamless connectivity between Noida and Indirapuram
    Partial opening of the elevated road from NTPC to Sec 61
    8 lining of the bridge in front of DLF mall
    Metro from Janakpuri to Botanical garden
    Agra to Lucknow expressway
    Opening of multi story parking lots at Sector 18, Wave tower and also at Gurudwara.
    CommentQuote
  • Originally Posted by jollygood
    @amitexpert
    @arjunpunjabi
    @dineshsays
    @manoja

    I have a query of academic nature. In any specific builder project say Lotus Boulevard all the internal maintenance, distribution of water and power to individual flats and common areas, upkeep of the club and common area etc is the builder's and later RWA responsibility (after 2 years, if I am not wrong) and for this the apt owners have to pay a monthly charge in proportion to the area of their apt. The responsibility of RWA/ Builder ends out the compound walls of the project, ie roads, street lights etc outside the project is maintained by Noida authority and for this they collect taxes.
    How does this work in case of a large township like WT, who pays for the facilities outside the individual JP projects, inside WT?

    Is it by Noida Authority or this is to be done JP
    If by JP who pays for this and what is proportion of charges
    Are these charges uniform for luxury apts,mid rage and economic apts
    Does the authority recompense JP for providing facilities inside WT like maintaining roads, sewer, street lights and other common areas. In case of CGHS flats in Delhi where there are common power meter for the full society a rebate of 35% is offered for power and also there is a 10% rebate in property tax etc. Does this happen also in Noida.
    Lastly as per rules the builder needs to transfer the maintenance to RWA in 2 years, is this also the norm for WT and does this mean only the individual projects or the whole WT. Will JP continue to maintain the whole township and what is their source of revenue, is this defined in BBA

    The idea is not to belittle JP projects but just raise a germane point. I have tagged a few persons I thought could provide some information. May be some others have more info.



    We only knows that Jp greater noida has no RWA till date and its managed by JP only. Similar is my expectation with noida, there will not be A RWA, RWA can't manage complex township infra, one need professionals to maintain roads, electricity sewers.

    RWA are only for small societies just to keep watch on guards, genset operator. Taking commissions etc.
    CommentQuote