In a significant verdict, the Supreme Court on Tuesday upheld the validity of land acquisition for the integrated development of the Yamuna Expressway and its adjoining areas in Gautam Budh Nagar, Uttar Pradesh.
In the second part of the series on real estate investments in and around various hotspots in India we take a look at the Yamuna Expressway. Estatelister.com gives five reasons why the Yamuna Expressway will not turn out to be a multi-bagger in the next five years.
The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.
The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.
Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
India has 942 expressways covering a total distance of 1,208.19 kilometres.
Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.
The Noida International Airport (NIA), being developed as a greenfield aviation hub in Jewar, Gautam Buddh Nagar, is on track to begin operations by the end of this year.
The farmers were demanding higher compensation, equivalent to the one given to peasants in Noida, against acquisition of their land for the development of the township.
Ducati would like to develop a motorbike racetrack on the lines of the Buddh International Circuit.
The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said. The investment pitch was made by Invest UP to Foxconn at the time of the final land allocation for the HCL-Foxconn chip joint venture Vama Sundari.
Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.
Four areas are proposed to be earmarked for emergency landings for fighter planes on the 300 km stretch.
With the opposition led by Samajwadi Party chief Mulayam Singh Yadav getting belligerent over the firing on farmers protesting against inadequate compensation for land acquired for the ambitious Yamuna Expressway project, Uttar Pradesh Chief Minister Mayawati has got into a damage control mode.
Faced with protests, Uttar Pradesh government has offered the farmers of Agra district an enhanced compensation package for the land acquired from them for the Yamuna Expressway project.
The battlelines have been drawn and the bugle has been sounded. Sahim Salim witnessed the anger amongst farmers against the government acquisition of their land for the Yamuna Expressway project.
The Uttar Pradesh government is ramping up the inventory of an industrial land bank of an estimated 1,500 acres in the state ahead of the global investors' summit early next year. The state aims to garner private investments of Rs 10 trillion at the January 2023 event. The state government will showcase a proverbial 'ready to allot' menu of industrial land to woo domestic and global corporations.
Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.
However, the UP government said it has given one more month to Patanjali to meet the conditions required to get the final approval.
The Cabinet meeting and the holy dip comes on a day that marks the first anniversary of the consecration ceremony of the Ram temple in Ayodhya.
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'
Lok Sabha on Monday turned into a battleground for the Delhi assembly polls with Bharatiya Janata Party member Ramvir Singh Bidhuri launching an all-out attack on the Aam Aadmi Party government, alleging that they 'looted' the national capital and turned it into 'hell'.
Make sure that the person you are buying the plot from is the rightful owner.
In a trend that has taken off in a significant way, more and more developers are launching independent floors with lawns and basement/roof terraces in gated communities, to attract buyers, who otherwise opt for builder floors prevalent in the unorganised real estate sector.
What has come in the way were the rich heritage monuments - Taj Mahal to top it all, together with the Agra Fort and Fatehpur Sikri.
Its proximity to popular tourist destinations like Agra, which attracts 45 per cent of the international passenger traffic at IGI, could be diverted to Jewar.
What are the upcoming locations and pull factors that determine housing prices in these two metros? What does this means for a buyer?
The minister tells Subhomoy Bhattacharjee that he wants to set up a financing corporation for the road and shipping sectors, which will throw up a business opportunity of Rs 25 lakh crore!
Experts tracking the sector say the scheme is aimed at clearing inventory and boosting sales
The proposed facility would be entitled to various incentives under central and state policies.
Government must first focus on groundwork to start big ticket projects, say experts.
Govt to introduce an hovercraft on the Yamuna river.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
The land transfer or subleasing would allow the Patanjali Group to set up the food processing facility and entitle it to other incentives under the central policy guidelines.
The Lucknow bench of the Allahabad high court on Thursday ordered a CBI probe against tainted Noida official Yadav Singh, whose disproportionate assets were exposed in a raid by the Income Tax department several months ago.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
With the Jaypee acquisition, the Suraksha group, which made lenders an offer of Rs 7,736 crore, will be able to expand its footprint in north India after making inroads in Mumbai's real estate market over the past year. Sudhir Valia, the promoter, was a co-founder and executive director of India's biggest pharmaceutical firm, Sun Pharmaceuticals, and is a close relative of Dilip Shanghvi.
Mumbai metropolitan region, comprising Mumbai city, Navi Mumbai and Thane, leads the pack (in delayed projects) with 210,000 units at an approximate valuation of Rs 2.34 trillion.
Suspended Noida engineer-in-chief Yadav Singh faces a CBI probe into alleged corruption on a PIL accusing him of amassing huge property disproportionate to his known sources of income.
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