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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  • Originally Posted by MANOJa
    NOIDA: In a joint effort involving Noida Authority and Noida Police, a survey was conducted to identify realty projects being developed within a 10 kilometer radius of the Okhla Bird Sanctuary. The team found that around 40 developers were carrying on construction without any environmental clearance. The National Green Tribunal, in its August 14 order, had ordered for such surveys.

    The counsel for the petitioner reached Noida Authority and examined files of all the developers in sectors around the sanctuary. "The authority has given some documents related to the environmental clearance of several developers but we have no faith in the authority," said the petitioner.

    A physical inspection was conducted by a joint team of the Noida Authority and the petitioner's counsel. "We could not cover all sites on Saturday, but initial reports suggest nearly 40 developers are carrying out construction. The role of Noida Authority top brass and enforcement agencies are also under the scanner since without their go ahead, such vital green norms can not be violated. We will raise this issue on August 27—the next hearing in the NGT," he said.

    Gautam Buddh Nagar forest department said the realty projects of more than 50 developers are falling within 10 km radius. Environment and forest ministry (MoEF) had on March 15, 2011 directed the states to declare eco-sensitive zones around national parks, wildlife and bird sanctuaries but many states including UP did nothing. State wildlife department formed a nine-member team, headed by Gautam Budh Nagar district magistrate, but it in vain. The callous attitude of authorities has put the realty projects in a lurch.

    While hearing a plea on the sanctuary, the NGT asked the government, UP government, Noida Authority and other respondents to submit their replies within two weeks. Notices were also issued to the UP chief secretary and Noida Authority chairman, Rama Raman.






    ​Survey finds realtors violating norms near Okhla sanctuary - The Times of India


    10 kms radius is huge. It will cover most of the projects in noida. So I think we need to file RTI to get list of defaulting developers. T
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  • सितंबर में मिल सकता है एनएमआरसी को ग्रीन सिग्नल



    Sep 3, 2013, 08.00AM IST
    प्रमुख संवाददाता ॥ नोएडा
    यूपी कैबिनेट में इसी महीने नोएडा मेट्रो रेल कॉरपोरेशन (एएमआरसी) का प्रस्ताव रखा जा सकता है। कैबिनेट मीटिंग से पहले जारी किए गए शासन के सर्कुलर में इसे शामिल किया गया है। यूपी गवर्नमेंट के आधिकारिक सूत्रों ने इसकी पुष्टि की है। सूत्रों ने बताया कि कैबिनेट में पहुंचने से पहले इस प्रस्ताव पर औद्योगिक विकास विभाग, फाइनैंस विभाग ने क्लियरेंस दे दी थी। इसके बाद इसे औद्योगिक विकास आयुक्त के साथ ही चीफ सेक्रेटरी से क्लियरेंस दिलाई गई। अब इसे कैबिनेट से मंजूरी के लिए भेजा जा रहा है। एनएमआरसी के गठन का प्रस्ताव अजेंडा में शामिल किया गया है। अब जब भी यूपी कैबिनेट की मीटिंग होगी। इस प्रस्ताव पर मुहर लगनी लगभग तय मानी जा रही है। उम्मीद है कि सितंबर तक इसे ग्रीन सिग्नल मिल जाएगा।
    वैसे भी यूपी के चीफ सेक्रेटरी जावेद उस्मानी ने हाल ही में अपने नोएडा दौरे के दौरान इस बात के संकेत दिए थे कि नोएडा से ग्रेटर नोएडा के बीच मेट्रो टै्रक का निर्माण राज्य सरकार की प्राथमिकताओं में से हैं। इसके लिए फंड की व्यवस्था की जा रही है। उल्लेखनीय है कि एनएमआरसी के गठन की प्रक्रिया पांच महीने से चल रही है। नोएडा अथॉरिटी ने इस कंपनी का खाका इस तरह से तैयार किया है जिसमें केंद्र व राज्य सरकार की भी भागीदारी हो। नोएडा मेट्रो रेल कंपनी बोर्ड में कुल 16 मेंबर होंगे। इनमें फंड की व्यवस्था भी केंद्र व राज्य सरकार की साझीदारी से हो। इसके साथ-साथ नोएडा व ग्रेटर नोएडा के बीच भी फंडिंग 70-30 पर्सेंट के रेश्यों से हो। मेट्रो के देश में अन्य जगह चल रहे प्रोजेक्टों के लिहाज से केंद्रीय शहरी विकास मंत्रालय के सचिव इसके अध्यक्ष हो सकते हैं। कैबिनेट से पास होने के बाद इस प्रस्ताव को केंद्र सरकार के पास भेजा जाएगा।

    NBT
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  • जनवरी में पड़ सकती है नोएडा-ग्रेनो मेट्रो 

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  • Lanco Group cuts down 4,000 employees due to slowdown

    Hurt by subdued markets and economic slowdown, Lanco Group, which has interests in infrastructure, power and realty segments, has retrenched about 50 per cent of its 8,000 workforce during the last 15 months its projects suffered, sources said.
    The Group has cut down its workforce to 4,000 by the end of March this year and around 400 employees so far in the current fiscal. The Group currently has 4,100 to 4,200 employees, sources said.
    "While around 3,500 people were given pink slips during the last fiscal (2012-13), around 400 employees were asked to leave during the last quarter. Most of the employees were taken in anticipation of taking off various projects, which has not happened," sources told.
    When contacted, T Adi Babu, Lanco CFO, merely said: "The headcount of the company, including international business, will be 5,100."
    According to the latest annual report of the company, Lanco had trimmed its employee expenses, including recruitment and training, to Rs 632 crore during 2012-13 as against Rs 736 crore in the previous fiscal.
    "During the year 2012-13, employee benefits expenses decreased by 13 per cent over the previous year. The decrease was on account of a fall in total number of employees in the group due to a slowdown in development of future projects as a result of a slowdown in economic activity in the country," the annual report said.
    Despite 25 per cent growth in income, the company posted Rs 1,073 crore loss in the last fiscal on consolidated basis, against Rs 112 crore loss during 2011-12.
    Gross Interest and Finance charges on consolidated basis amounted to Rs 2,421 crore in comparison to Rs 1,054 crore due to increase in loans and working capital requirements for project execution.
    According to Jagannadham Thunuguntla, strategist and head of research, SMC Global Securities, the slowdown in economy is seen in every sector, more so in infrastructure space.
    Lanco InfratechBSE -1.96 %, the holding company of the Group, recently said it had initiated the process of corporate debt restructuring (CDR) as per Reserve Bank guidelines.
    The company had said it is in the process of corporate debt restructuring (CDR) for standalone debt of Rs 7,500 crore.
    Consolidated net debt of the company was at Rs 34,770 crore as on June 30, according to a filing to bourses.
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  • Does this effect noida.

    Do they have an office here?

    Originally Posted by JD2012
    Lanco Group cuts down 4,000 employees due to slowdown

    Hurt by subdued markets and economic slowdown, Lanco Group, which has interests in infrastructure, power and realty segments, has retrenched about 50 per cent of its 8,000 workforce during the last 15 months its projects suffered, sources said.
    The Group has cut down its workforce to 4,000 by the end of March this year and around 400 employees so far in the current fiscal. The Group currently has 4,100 to 4,200 employees, sources said.
    "While around 3,500 people were given pink slips during the last fiscal (2012-13), around 400 employees were asked to leave during the last quarter. Most of the employees were taken in anticipation of taking off various projects, which has not happened," sources told.
    When contacted, T Adi Babu, Lanco CFO, merely said: "The headcount of the company, including international business, will be 5,100."
    According to the latest annual report of the company, Lanco had trimmed its employee expenses, including recruitment and training, to Rs 632 crore during 2012-13 as against Rs 736 crore in the previous fiscal.
    "During the year 2012-13, employee benefits expenses decreased by 13 per cent over the previous year. The decrease was on account of a fall in total number of employees in the group due to a slowdown in development of future projects as a result of a slowdown in economic activity in the country," the annual report said.
    Despite 25 per cent growth in income, the company posted Rs 1,073 crore loss in the last fiscal on consolidated basis, against Rs 112 crore loss during 2011-12.
    Gross Interest and Finance charges on consolidated basis amounted to Rs 2,421 crore in comparison to Rs 1,054 crore due to increase in loans and working capital requirements for project execution.
    According to Jagannadham Thunuguntla, strategist and head of research, SMC Global Securities, the slowdown in economy is seen in every sector, more so in infrastructure space.
    Lanco InfratechBSE -1.96 %, the holding company of the Group, recently said it had initiated the process of corporate debt restructuring (CDR) as per Reserve Bank guidelines.
    The company had said it is in the process of corporate debt restructuring (CDR) for standalone debt of Rs 7,500 crore.
    Consolidated net debt of the company was at Rs 34,770 crore as on June 30, according to a filing to bourses.





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  • Originally Posted by Aviral79
    Does this effect noida.

    Do they have an office here?






    Sent from my iPhone 5 using Tapatalk

    They have 4 offices in Gurgaon which includes the corporate office also, none in Noida.

    Anyway it's showing the market sentiments, surly it's affecting the RE, things would go worse when resale starts in Noida Expr.
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  • No more 80:20, link home loan to stage of building, says RBI

    No more 80:20, link home loan to stage of building, says RBI - Indian Express
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  • So now, the landbill is been passed in Rajya Sabha.
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  • Land allotment in Sector 35 frozen by Noida Authority
    Purusharth Aradhak, TNN | Sep 5, 2013, 12.40 AM IST


    NOIDA: After protests were raised about alleged allotment of the prime land located near City Center to few 'loved ones' of politicians and bureaucrats, Noida Authority chairman Rama Raman has frozen the allotment of 25,000 sqm in Sector 35, whose market value is estimated at Rs 600 crore. Raman said he got many complaints about the land allotted under the 5% developed plot scheme. The Kisan Sangharsh Samiti has alleged that few officials are allotting the plots to their favourites and those connected to politicians.

    TOI
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  • मजबूरी : नासकॉम के नोएडा सेंटर का उद्घाटन दिल्ली से करेंगे


    Sep 5, 2013, 08.00AM IST
    प्रमुख संवाददाता ॥ लखनऊ
    कहा जाता है कि जो भी शख्स यूपी का मुख्यमंत्री रहते हुए नोएडा जाता है, उसकी कुर्सी चली जाती है। शायद यही वजह है कि नोएडा जाने से मुख्यमंत्री अखिलेश यादव को भी डर लगता है। नोएडा में नासकॉम का बड़ा सेंटर खुलना है और मुख्यमंत्री इसका उद्घाटन 6 सितंबर को दिल्ली से करेंगे। यह चौथा मौका है जब उन्हें नोएडा जाना जरूरी है, लेकिन वह नहीं जाएंगे।
    बीते 2 अप्रैल को उन्होंने नोएडा के लिए 3000 कारों की पार्किंग व नोएडा मेडिकल यूनिवर्सिटी की शुरुआत अपने लखनऊ के 5 कालिदास मार्ग स्थित सरकारी आवास से की थी। इससे पहले अगस्त 2012 में भी यमुना एक्सप्रेस वे की शुरुआत भी उन्होंने लखनऊ से ही की। नोएडा में 2 मई से एशियन डिवेलपमेंट बैंक की बैठक हुई। इसमें दुनिया भर से निवेशक आए, पर मुख्यमंत्री अखिलेश यादव नोएडा नहीं गए।
    नोएडा के इस टोटके के डर की शुरुआत 1999 में हुई, जब कल्याण सिंह मुख्यमंत्री रहते हुए नोएडा गए थे। कुछ दिनों बाद ही उनकी सरकार चली गई। इसके बाद 2001 में राजनाथ सीएम बने तो उन्होंने डीएनडी फ्लाईओवर का उद्घाटन भी दिल्ली से किया। सीएम रामप्रकाश गुप्ता के साथ भी ऐसा ही हुआ। 1997 में सीएम मायावती को एक कार्यक्रम के सिलसिले में नोएडा जाना पड़ा। कुछ दिनों बाद उनकी भी कुर्सी चली गई और मुलायम सिंह यादव मुख्यमंत्री बन गए। खुद मुलायम भी नोएडा टोटका के शिकार रहे हैं। 1995 में वह नोएडा गए, फिर उनकी भी कुर्सी चली गई। इसी डर की वजह से निठारी कांड के समय वह सीएम रहते हुए भी नोएडा नहीं गए। इस धारणा को मायावती ने तोड़ा। चौथी बार मुख्यमंत्री रहते हुए वह 2011 में आखिरी बार नोएडा गईं। 2012 में हुए विधानसभा चुनाव में उनकी सरकार चली गई।
    आईटी व बीपीओ सेक्टर में आएगा बूम
    प्रस ॥ लखनऊ : यूपी में आईटी और बीपीओ सेक्टर को बढ़ाने में अब नैशनल असोसिएशन ऑफ साफ्टवेयर एंड सर्विसेज कंपनीज (नासकॉम) भी मददगार साबित होगा। अभी तक केरल, बेंगलुरु, दिल्ली और हैदराबाद में काम कर रही आईटी सेक्टर की यह बड़ी कंपनी यूपी में आईटी सेक्टर में बूम ला सकती है। नासकॉम का बड़ा दफ्तर नोएडा में खुलेगा। नोएडा में आईटी और बीपीओ सेक्टर तेजी से बढ़ रहा है। प्रमुख सचिव (आईटी) जीवेश नंदन बताते हैं कि इस सेक्टर में नासकॉम भी काम कर रहा है। नासकॉम ने यूपी सरकार की मदद करने की इच्छा जताई है। इसके लिए आईटी क्षेत्र की संभावनाओं को लेकर एक चर्चा भी 6 सितंबर को आयोजित की गई है। इसमें युवाओं के लिए कई संभावनाओं की उम्मीद है। उन्होंने बताया कि नोएडा में नासकॉम का सेंटर खुलने से इस क्षेत्र को काफी मदद मिलेगी।

    NBT
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  • Originally Posted by cookie
    मजबूरी : नासकॉम के नोएडा सेंटर का उद्घाटन दिल्ली से करेंगे


    Sep 5, 2013, 08.00AM IST
    प्रमुख संवाददाता ॥ लखनऊ
    कहा जाता है कि जो भी शख्स यूपी का मुख्यमंत्री रहते हुए नोएडा जाता है, उसकी कुर्सी चली जाती है। शायद यही वजह है कि नोएडा जाने से मुख्यमंत्री अखिलेश यादव को भी डर लगता है। नोएडा में नासकॉम का बड़ा सेंटर खुलना है और मुख्यमंत्री इसका उद्घाटन 6 सितंबर को दिल्ली से करेंगे। यह चौथा मौका है जब उन्हें नोएडा जाना जरूरी है, लेकिन वह नहीं जाएंगे।
    बीते 2 अप्रैल को उन्होंने नोएडा के लिए 3000 कारों की पार्किंग व नोएडा मेडिकल यूनिवर्सिटी की शुरुआत अपने लखनऊ के 5 कालिदास मार्ग स्थित सरकारी आवास से की थी। इससे पहले अगस्त 2012 में भी यमुना एक्सप्रेस वे की शुरुआत भी उन्होंने लखनऊ से ही की। नोएडा में 2 मई से एशियन डिवेलपमेंट बैंक की बैठक हुई। इसमें दुनिया भर से निवेशक आए, पर मुख्यमंत्री अखिलेश यादव नोएडा नहीं गए।
    नोएडा के इस टोटके के डर की शुरुआत 1999 में हुई, जब कल्याण सिंह मुख्यमंत्री रहते हुए नोएडा गए थे। कुछ दिनों बाद ही उनकी सरकार चली गई। इसके बाद 2001 में राजनाथ सीएम बने तो उन्होंने डीएनडी फ्लाईओवर का उद्घाटन भी दिल्ली से किया। सीएम रामप्रकाश गुप्ता के साथ भी ऐसा ही हुआ। 1997 में सीएम मायावती को एक कार्यक्रम के सिलसिले में नोएडा जाना पड़ा। कुछ दिनों बाद उनकी भी कुर्सी चली गई और मुलायम सिंह यादव मुख्यमंत्री बन गए। खुद मुलायम भी नोएडा टोटका के शिकार रहे हैं। 1995 में वह नोएडा गए, फिर उनकी भी कुर्सी चली गई। इसी डर की वजह से निठारी कांड के समय वह सीएम रहते हुए भी नोएडा नहीं गए। इस धारणा को मायावती ने तोड़ा। चौथी बार मुख्यमंत्री रहते हुए वह 2011 में आखिरी बार नोएडा गईं। 2012 में हुए विधानसभा चुनाव में उनकी सरकार चली गई।
    आईटी व बीपीओ सेक्टर में आएगा बूम
    प्रस ॥ लखनऊ : यूपी में आईटी और बीपीओ सेक्टर को बढ़ाने में अब नैशनल असोसिएशन ऑफ साफ्टवेयर एंड सर्विसेज कंपनीज (नासकॉम) भी मददगार साबित होगा। अभी तक केरल, बेंगलुरु, दिल्ली और हैदराबाद में काम कर रही आईटी सेक्टर की यह बड़ी कंपनी यूपी में आईटी सेक्टर में बूम ला सकती है। नासकॉम का बड़ा दफ्तर नोएडा में खुलेगा। नोएडा में आईटी और बीपीओ सेक्टर तेजी से बढ़ रहा है। प्रमुख सचिव (आईटी) जीवेश नंदन बताते हैं कि इस सेक्टर में नासकॉम भी काम कर रहा है। नासकॉम ने यूपी सरकार की मदद करने की इच्छा जताई है। इसके लिए आईटी क्षेत्र की संभावनाओं को लेकर एक चर्चा भी 6 सितंबर को आयोजित की गई है। इसमें युवाओं के लिए कई संभावनाओं की उम्मीद है। उन्होंने बताया कि नोएडा में नासकॉम का सेंटर खुलने से इस क्षेत्र को काफी मदद मिलेगी।

    NBT

    Does anyone know where the Nasscom center is located in Noida?
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  • Originally Posted by cookie
    Does anyone know where the Nasscom center is located in Noida?


    Don't know the location, but hope the IT companies follow Nasscom and setup/ increase their presence here.

    While there's gloom and doom all around currently, rupee depreciation has been a big shot in the arm for IT companies. IMO, it should reflect in recruitment with a time lag.

    Given the huge upcoming supply of (relatively) low cost apartments here, Noida could well become a tech-city..
    CommentQuote