The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.
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.
Noida International Airport has officially commenced flight operations with an IndiGo flight from Lucknow making the inaugural landing, followed by a takeoff to Lucknow, carrying 172 villagers whose land was acquired for the project.
Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
Four areas are proposed to be earmarked for emergency landings for fighter planes on the 300 km stretch.
The Adani Group is exploring strategies to revive Formula 1 racing at the Buddh International Circuit in Greater Noida, with Karan Adani expressing strong interest in bringing the sport back to India.
The Sports Ministry is keen to bring Formula 1 back to the Buddh International Circuit in Noida in the near future.
India's Sports Minister Mansukh Mandaviya is pushing to revive Formula One racing in the country, focusing on creating a strong pipeline of drivers and technicians. Discussions with the Federation of Motor Sports Clubs of India (FMSCI) have centered on developing a comprehensive framework to integrate motorsports with India's automotive and engineering sectors.
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.
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.
However, the UP government said it has given one more month to Patanjali to meet the conditions required to get the final approval.
Talking to reporters while walking on the Yamuna Expressway towards Hathras, she said Uttar Pradesh Chief Minister Yogi Adityanath would have to take the responsibility for the alleged gang rape of a 19-year-old Dalit woman in the district and strict action should be taken against the perpetrators of the crime.
Uttar Pradesh Congress Legislature Party leader Pradeep Mathur has shot off a letter to Congress president Sonia Gandhi seeking her intervention. Sharat Pradhan reports from Lucknow
Make sure that the person you are buying the plot from is the rightful owner.
'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'
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.
The applicant allegedly indulged in a conspiracy with the officers of the Noida Development Authority funnelled several crores of rupees from the public fund released for the construction of a cricket stadium with a pavilion building at Integrated sports complex at Noida.
India are hosting a motorsport event of this magnitude for the first time since the 2013 Formula 1 Indian Grand Prix, which was dropped from the calendar due to financial, taxation and bureaucratic issues.
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.
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.
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.
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.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
The Uttar Pradesh government's oft-repeated claims about the success of the 2013 Kumbh Mela have fallen flat, with the Comptroller and Auditor General pointing out various failures and pitfalls in the mega event.
E-auaction cannot totally end corruption in the system.
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.
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!
As real estate is about a tenth of the Indian economy, the extent of black money floating around in the sector is huge.
The air quality in Delhi is turning worse, Deputy Chief Minister Manish Sisodia said.
'The DGCA, the ministry of civil aviation, Air India, the Airports Authority, all of them together form what I call an organised syndicate' 'In India, it is a fashion to blame the pilot because then nobody asks questions about the incompetence and grave negligence of this State-run syndicate.'
