Category: Area development
8 Realtors Get Notices for Diverting Rs 840/- crores in Yamuna Expressway Zone.
Dear Friends,
Please to Share Times Report dated 14-02-2018 on Real estate companies and authority & government action specifically in our neighborhood, after the implementation of UPRERA & insolvency act.
To get a clear picture of state of builders UP Government had recently appointed third party reputed auditors to submit a report on the utilisation of funds by builders.
As evident we are happy to share that our Solitaire City is not under notice for funds diversion.
- 20 pillars already grounded for accuring Phase 1 land. Total 44 pillars will be rounded to earmark entire land for Phase-1.
- UP Chief Secretary holds meeting for accuring land for Jewar International Airport. Phase 1 layout planned in such a manner that there would be no need to relocate even single village. This would speed land accuring process.
- 4 passenger runways & 1 cargo runway, totaling 5 runways to be made.
- Runway designed so that Aircarft can takeoff & land from both directions.
- Cabinet to approve Techno-fesibility report in 21 days.
- State Government to pass Rs.1000 crores additional supplimentry budget
PTI|
Updated: Apr 30, 2017, 12.15 PM IST
READ MORE ON »Union Urban Development Ministry | RERA | real estate | Government | CREDAI
After the recent changes in the Pradhan Mantri Awas Yojana (PMAY), it seems that the interest in the scheme is picking up. Developers have started promoting their offerings in the affordable housing segment, which may sound tempting to those interested in government subsidy.
Real estate has its own share of concerns, both for the end-consumer as well as an investor looking to lock in funds for a quick gain. From a delayed home possession to oversupply of units, there’s a lot to tack ..
GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) will soon allot land for a second electronic manufacturing cluster (EMC) in its area. An in-principle approval for the proposed cluster was granted by the Centre’s department of electronics and information technology (DeitY), on Tuesday..
This will be Uttar Pradesh’s third electronic cluster. While two will be located in the YEIDA area, a third has been sanctioned in Greater Noida.
According to YEIDA officials, the meeting was convened by the DeitY secretary, where Arun Vir Singh, CEO of YEIDA, and other senior officials were also present. “We have earmarked 100 acres in Sector 24 of YEIDA area, which is located along the Yamuna expressway. Plot No. 3A has been reserved for the proposed cluster,” said Singh..
“The proposal will now be forwarded to Electronic Corporation of India Limited (EICL), the promoter for approvals and further action,” he added
UP inks over Rs 54000cr biz deals
The UP government signed MoUs worth Rs 54,606 crore on Thursday, including a Rs 220-crore project for a personal rapid transit (pod taxi) system in Noida.
Twenty-three companies inked a pact with the UP government at its Investors’ Conclave in Delhi, some promising to expand existing businesses, and others pledging to set up shop in the state over the coming years. Reliance Jio Infocomm Ltd also signed a 5000 crore MoU .
The Noida region was the biggest beneficiary of the meet.
The Fortis group promised an investment of Rs 800 crore for 250-bed super speciality hospitals in Greater Noida, Lucknow and Kanpur, while River Engineering Pvt Ltd promised a Rs 330-crore investment in air taxi services — Vayu Mitra — in Noida. The pod car project has been proposed by the UK-based Ultra group. A government official said it would be implemented as a pilot project in Sector 18, connecting the Metro station to the malls. The project is awaiting approval and will take 18 months to implement from the date it gets the green light, the official added.
Among major IT companies, Samsung announced its decision to expand its business set-up in Noida, while chief secretary Alok Ranjan said Nasscom will permanently shift its headquarters to the city.
Among others, Amity chairman emeritus Ashok Chauhan said the group will spend Rs 2,000 crore to set up a medical university in Greater Noida.
The west UP bounty continued through Thursday; managing director of Yashoda Hospital and Research Centre Ltd, Ghaziabad, PN Arora, signed an MOU with the state for investing about Rs 2,000 crore for setting up a medical city and hospitals in Noida, Greater Noida, Ghaziabad and Hapur districts. The group has also planned investments in the field of education.
UP government on Thursday also passed off as fresh MoUs a handful of projects that are already in implementation stage in UP.
