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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  • ARJUNPUNJABI; still waiting for your LB pics.
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  • Tata arrives...
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  • Court asks developer’s former employee to surrender, rejects bail plea


    The Allahabad high court has asked Suninder Sandha, accused of siphoning off Rs 6 crore of homebuyers’ money while working as marketing director of Horizon Concept group, to surrender in a local court within 15 days. Sandha, who has been absconding since an FIR was registered against him on August 20 at Sector 20 police station, had sought anticipatory bail from the high court.
    On September 7, the court rejected his plea and asked him to first surrender in the Greater Noida court and then seek bail.
    “The bench of justice Vikram Nath and justice RN Kakkar said they did not find any merit in his bail petition. The court asked Sandha to surrender in the lower court within 14 days and seek bail,” said Naresh Sabharwal, managing director of Horizon Concept and Sandha’s former employer.
    The incident had come to light in August when a homebuyer approached the office of Horizon Group at Sector 2 seeking a refund. The company found that the homebuyer had paid more than R16 lakh but only R12 lakh was credited in the company’s account. An internal investigation found that Sandha, who was the marketing director of the company for four years, had opened a fake account in the company’s name and transferred part of homebuyers’ payments in that account.
    “In the last four years he duped us of more than R 6 crore. After the incident came to light, we registered an FIR against him at Sector 20 police station,” said Sabharwal.
    Police said they have not been able to trace Sandha yet.
    “A police team searched all his possible hideouts, but he was not found. The matter is under investigation,” said Amarnath Yadav, station house officer, Sector 20 police station.

    Court asks developer
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  • Flat delivery woes to continue for homebuyers as completed flats behind target
    By Ravi Teja Sharma, ET Bureau|< ..

    Read more at:
    Flat delivery woes to continue for homebuyers as completed flats behind target - The Economic Times
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  • Originally Posted by ARJUNPUNJABI
    NH 24 widening contractor welspuns site off work started, near UP gate/ ghazipur dumping ground.

    *ARJUNPUNJABI
    Sir i think this should be in Ghaziabad thread can we move this.

    anyways ...do you know what the status of the tender for UPGate to Dasna Section
    is it awarded or still under process
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  • ET Realty

    Builders alone not responsible for real estate mess, say lawyers
    Supreme Court lawyers say companies are battling a slowdown and a liquidity squeeze and could find themselves getting buried as rulings go in favour of home buyers.
    Samanwaya Rautray | ET Bureau | Sep 13, 2016, 08.11 AM IST

    NEW DELHI: The chickens are coming home to roost in the real estate sector. After decades of holding home buyers to ransom, builders have found someone their own size more than taking their measure.

    Courts have been upholding the rights of customers in case after case and real estate developers who have taken their money — life savings and future earnings in most instances — are finding that justice can be harsh, perhaps even terminal.

    Supreme Court lawyers, the best of whom represent the industry, say companies are battling a slowdown and a liquidity squeeze and could find themselves getting buried as rulings go in favour of home buyers.

    Senior advocate Kapil Sibal articulated these concerns recently as he pleaded with the top court not to order a company to refund all those who wanted to exit a project. Sibal has represented Jaypee Group and Unitech, both of which have taken money for projects that are running years late.

    "We will be over, finished," he said. "It will only prompt a run on the company. We will sink. Who will it help?" Instead he sought more time to complete the projects so they could be delivered.

    But the courts feel the companies have had enough rope. Justice Dipak Misra, who heads the bench hearing most real estate cases, has been clear about applying the laws of the land.

    "If you have taken money, deliver or pay back. You cannot run off with the lifetime savings of a person," he's said. "Either give him a roof over his head or give back his money so he can buy elsewhere."

    Realty developers say some projects got stuck over environmental clearance or issues beyond the their control, making it difficult for them to service loans. They also hold local authorities, especially in the National Capital Region, to blame in some instances.

    "The builders are not the only ones to blame for the mess," Supertech lawyer R Chandrachud said. "There is a genuine liquidity squeeze, with the government cracking down on black money. Not every builder gets a loan from the banks. Some of it is from the private sector and individuals...at very high interest rates."

    In some cases, increased compensation for land acquisition was passed on to developers. Chandrachud cited the example of a Supertech project in Noida that ran into trouble despite getting all approvals.

    "This is because the Noida authority read the rules and bylaws in one way and the builder in another," he suggested.

    The authority should have conducted surprise inspections to ensure that construction was along the lines of what it wanted, instead of waking up later, Chandrachud said.

    Senior advocate ML Lahoty, who has fought cases for buyers, begged to differ. He contests the claim that real estate majors don't have money. "In some cases, buyers have paid 95 per cent of their money. Where has it gone?"

    He accuses the industry of deliberately delaying projects to profit from the mismatch between what it has to pay customers for delays — less than 1 per centpenalty - and what it can charge from buyers for late payment — 18 per cent. "So they don't build projects, they build their business," he said.

    All lawyers agree that the sector has to take corrective measures and adopt best trade practices to tide over the storm. One such suggestion came from the Delhi High Court last week - set up escrow accounts and deposit funds separately for every buyer.

    ATS, for example, one lawyer said, was a success where big players have failed because it finishes one project and moves on to the next. The big ones spread themselves thin and scramble for funds. "These are the ones which will be hit big time and may even sink," the lawyer said
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  • NCR RWA demand Noida authority to address homebuyers issues
    While sources claim that realtors owe Noida Authority around Rs 7,200 crore, most of them have defaulted on payments as well as delivery front.
    Meenakshi Sinha | TNN | Sep 13, 2016, 01.00 PM IST

    NOIDA: Given the many problems faced by homebuyers including delayed possession, unauthorised increase in FAR (floor area ratio), stamp duty hike for those who've already paid the sum but not got possession due to delay from builders etc., NCR RWA has written to CEO Noida Authority demanding action from authority (as they say it's Authority's area of operation and not the courts) and update status on its website.

    "The spate of defaulter builders of late have led to many troubles for the homebuyer who has to make the rounds of courts for no fault of his due to matters pending in litigation which should not have come up in courts in the first place," said Chetan Sharma, secretary general Confederation of NCR Residents Welfare Associations (CONRWA).

    While sources claim that realtors owe Noida Authority around Rs 7,200 crore, most of them have defaulted on payments as well as delivery front. "Problems such as flouting building bye laws, increase in FAR in the name of infrastructure costs, pricing the property on super area and not carpet area leading to enhanced registry charges, collecting full registry amount and not delivering possession of property/flats leading to hiked registry charge burden on the homebuyer are some of the issues which are recurrent in Noida due to lackadaisical attitude of Noida authority towards errant builders," said P S Jain, president CONRWA.

    According to Jain all the above issues fall under the purview of Noida authority just as they would under Delhi Development Authority (DDA) in Delhi or Ghaziabad Development Authority (GDA) in Ghaziabad etc. "Yet these problems accrue as Noida authority has not even uploaded the list of defaulter builders - a basic exercise - on its website so that a homebuyer can be prevented from getting cheated," said Sharma who further adds that while most homebuyers are still awaiting NOC (no objection certificate) of their property to complete the registry process, they are getting conned by way of being charged for super area which includes common area such as lift and corridor etc., instead of carpet area (actual size of the flat).

    Also while increased FAR has become the norm, parking of visitors to any society are leading to encroachment on roads instead of being provided designated space in the master plan of the property. "At the end it's the homebuyer who has to run from pillar to post to get his property possession after paying undue charges at each step of the way. Till the time the property is handed over, the builder has extracted all kinds of unauthorised charges from him which were not part of the original plan and there's nothing that a homebuyer can do as authority is moot on the subject," said Sharma.

    Hence CONRWA has demanded that authority takes corrective steps starting with uploading defaulter builder list on its website and creating a resolution centre for planned and timely correction of builder apathy towards homebuyers and not let the matter slip into courts. "Since all these matters fall within the purview of Noida authority, its time it addressed it rather than letting it rut in litigation. We will also take similar steps with DDA in Delhi and GDA in Ghaziabad, Gurgaon and Faridabad authorities," said Jain.








    NCR RWA demand Noida authority to address homebuyers issues | ET RealEstate
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  • Noida likely to be split into 4 zones to tackle civic issues
    Officials of Noida and Greater Noida said that the focus of the meeting was improvement of civic amenities and traffic management issues being faced in both cities.
    TNN | Sep 13, 2016, 04.30 PM IST


    NOIDA: It has been proposed that Noida city be divided into four zones with a zonal office each to deal with public issues. Saumya Srivastava, deputy CEO, Noida Authority, told TOI that Authority officials were directed to make a formal proposal for the zones next week at a meeting held at the Authority office by Sanjay Agarwal, UP principal secretary (industrial development) and chairman of the three development Authorities of Gautam Budh Nagar, with senior officials of the three areas on Monday.

    The meeting was held in the run-up to a crucial meeting to be held with Deepak Singhal, UP chief secretary, on Tuesday.

    Speaking to TOI, officials of Noida and Greater Noida said that the focus of the meeting was improvement of civic amenities and traffic management issues being faced in both cities.

    "The meeting was divided into four parts," said Deepak Agarwal, CEO of Greater Noida Industrial development Authority (GNIDA). "Public-related issues connected with civic amenities; traffic management; pending projects affecting the citizens; and the financial position of the three Authorities were discussed at length," he said. "The aim was to thrash out the problems and find solutions so that the cities of Noida and Greater Noida become comfortable zones for residents as well as people who work here," he said.

    Noida DCEO Srivastava said a joint team has been formed to deal with traffic-related issues. "This team will consist of officials from the district administration, the police and the Authorities," he said. "They will visit the bottlenecks identified in Noida (23 choke points) and in Greater Noida (three choke points)," the DCEO said.

    Chairman Sanjay Agarwal on Monday directed that pending projects of all the three areas be expedited. Those getting delayed and affecting the daily lives of the public need to be taken up on a priority basis, Sanjay Agarwal said. These projects include the underground car parking in Sector 95 in Noida to be readied by December 31, 2016; Model Town underpass at NH-24 be readied by Diwali; Noida's first elevated road to be completed by October 15; Rajkiya Nirman Nigam to be issued a show-cause notice for slow work on the district hospital in Sector 39; and Sector 18 multi-level car parking to be completed by October 30. He said the exit policy and vending policy would be finalised without delay.

    The Authorities' chairman also discussed in detail the financial position of the three Authorities. "We discussed how to tide over tough times being faced especially owing to the huge outstanding dues of property owners," said GNIDA's Deepak Agarwal.

    N P Singh, Gautam Budh Nagar district magistrate, Dharmendra Singh, SSP, Santosh Yadav, NMRC managing director, and other senior officials of Noida, Greater Noida and YEIDA were present at the meeting.








    Noida likely to be split into 4 zones to tackle civic issues | ET RealEstate
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  • CM Akhilesh Yadav to listen to Noida homebuyers’ grievances next week Uttar Pradesh chief minister Akhilesh Yadav will interact with homebuyers next week through videoconferencing to address their grievances, Phatturam Bhojwani, adviser to Noida, Greater Noida and Yamuna Expressway authorities said on Wednesday.

    Around 3.5 lakh homebuyers in Noida, Greater Noida and Yamuna Expressway areas have been suffering for four to five years as the builders have failed to deliver houses on time citing slowdown in the realty market.

    There are 86 under-construction group housing projects in Noida, 95 in Greater Noida and 13 in Yamuna Expressway area that are running way behind the schedule.

    “I met chief minister Akhilesh Yadav in Lucknow on September 12 and discussed the issues concerning the homebuyers with him for nearly an hour. He asked me to make a list of all the buyers as well as builders whose projects are delayed. I will share the list with the chief minister. He will interact with homebuyers through videoconferencing next week,” said Bhojwani.

    Bhojwani, who is known to be close to Samajwadi Party chief Mulayam Singh Yadav, was recently appointed as the adviser to Uttar Pradesh industrial and development department and was allotted accommodation and office in the Noida authority.

    When asked whether the alleged conflict between Akhilesh Yadav and his uncle Shivpal Yadav would affect the functioning of the government and the Noida authority, he said, “The trouble will be over very soon and the chief minister will resolve all issues aptly. Akhilesh has full control over the Samajwadi Party and the government with the blessings of his father. Akhilesh wants that general public, particularly homebuyers and investors, should not suffer,” said Bhojwani.

    Bhojwani meets people in the authority’s Sector 6 office and also at his house in Sector 44.

    “Earlier, people could meet authority officials only between 10am and 12 noon on working days. But I am available in the office for the public from 10am to 5pm. Any person who is facing any problem can also meet me at my house in Sector 44 from 5 pm to 6 pm,” said Bhojwani.

    http://www.hindustantimes.com/noida/cm-akhilesh-yadav-to-listen-to-noida-homebuyers-grievances-next-week/story-449iOxVcehEkOLMhHPjSJN.html
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  • Apology for asking technical issue related question in this thread.
    Could Sticky related problem not be solved? I see many irrelevant thread sticky and relevant threads non-sticky...
    Also format of threads has been changed i.e latest page link is not appearing.
    Is bug still there??
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  • 45,000 more homes to be delivered in Noida, Gr Noida by March 2017: CREDAI The body claims 25,070 units have already been delivered this financial year so far.ETRealty | Sep 15, 2016, 05.29 PM IST

    NEW DELHI: Around 45,000 flats in Noida and Greater Noida are set to delivered by the end of March 2017, according to builders' body CREDAI.

    The body claims 25,070 units have already been delivered this financial year so far.

    Deepak Kapoor, president, CREDAI Western UP said, "We have compiled database on the basis of inputs from the developers operating in Noida and Greater Noida. While many of them are giving possessions, the remaining will hand over the units by March 2017."

    The National Capital Region (NCR) had 2.65 lakh unsold housing stock in the first quarter of financial year 2016-17, the highest among major cities, according to Liases Foras, with Noida and Greater Noida being the worst affected sub cities.

    NCR also witnessed the sharpest drop in new launches, at 41% in the first half of 2016, from a year ago period, according to property consultancy Knight Frank India, as developers focused on completing existing projects.






    http://realty.economictimes.indiatimes.com/news/residential/45000-more-homes-to-be-delivered-in-noida-gr-noida-by-march-2017-credai/54348276

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  • Originally Posted by rajan640
    Apology for asking technical issue related question in this thread.
    Could Sticky related problem not be solved? I see many irrelevant thread sticky and relevant threads non-sticky...
    Also format of threads has been changed i.e latest page link is not appearing.
    Is bug still there??


    There is a small arrow on the right hand side. under last post. If you click on that you will go to the latest post
    CommentQuote
  • Originally Posted by firstimebuy


    There is a small arrow on the right hand side. under last post. If you click on that you will go to the latest post


    Thanks. But arrow takes to next page, not latest. For latest we have to go to filter.
    Or I m missing something?
    Earlier format was better. I wish the same is reverted back again.
    Moderators kindly help.
    CommentQuote
  • Originally Posted by rajan640


    Thanks. But arrow takes to next page, not latest. For latest we have to go to filter.
    Or I m missing something?
    .


    Oh Ho, Got it now. Double arrow on main page.
    Thanks a lot.
    CommentQuote
  • Earlier format was much better.....this is absurd and designer is pathetic

    If anyon didnt have any issues why to change ?

    Members shud get option to use older format

    CommentQuote