Author: Sharad Natani
In a significant development for the real estate sector, land prices across the Yamuna Expressway Industrial Development Authority region in Noida and Greater Noida have been increased. The authority has approved an average hike of 3.58% across categories, with the revised rates set to come into effect from April 1, 2026. The move will impact residential, industrial, institutional, and commercial land buyers alike. Medical Device Park Records Highest Increase The sharpest rise has been recorded in the Medical Device Park (MDP) category, where land prices have increased by 5.04% to 5.20%. This comes after a similar hike last year, indicating…
Residents of Indirapuram are facing prolonged inconvenience as ongoing road redevelopment and sewer upgrade works continue to drag on for months. What was meant to improve infrastructure has instead turned large parts of the township into dusty, dug-up and hazardous stretches, affecting daily life and mobility. The area, now under the jurisdiction of the Ghaziabad Municipal Corporation, has been undergoing large-scale repairs since its handover from the development authority in 2024. Excavation Everywhere, Relief Nowhere Across Indirapuram, roads have been repeatedly dug up for: ●Sewer pipeline upgrades ●Drainage repairs ●Utility installations However, residents say many stretches remain open for weeks…
In a major push to urban transformation, the Lucknow Development Authority has approved a massive Rs 5,148 crore budget for the financial year 2026–27. The decision was taken during the 187th board meeting chaired by the divisional commissioner, with a strong focus on housing, infrastructure, and city expansion. The ambitious plan aims to reshape Lucknow into a more connected, modern, and livable city with a mix of residential, commercial, and smart infrastructure projects. Affordable Housing Gets Major Focus A key highlight of the budget is the push for affordable housing. Under the Sharda Nagar Extension Scheme, around 848 affordable homes…
In a major boost to Noida’s luxury real estate and hospitality landscape, realty firm Gulshan Group has announced a massive Rs 1,000 crore investment to develop the city’s first Taj-branded hotel and residences. The project, in collaboration with Indian Hotels Company Limited, marks a significant step in positioning Noida as a premium urban destination in NCR. What the Project Includes The upcoming development will feature a mix of hospitality and high-end residential offerings, including: ●A 150-key luxury Taj hotel ●74 serviced ultra-luxury apartments ●An exclusive penthouse ●Premium lifestyle amenities Located in Sector 129 along the Noida Expressway, the project is…
In a major relief for homebuyers, the National Consumer Disputes Redressal Commission has directed a group of real estate developers to refund over Rs 1.60 crore to a buyer after failing to deliver a flat in a Noida project. The ruling came in connection with the housing project “Amadeus”, where the commission found the developers guilty of “clear deficiency in service.” Case Filed After Years of Delay The case dates back to a 2020 consumer complaint filed by buyer Kumar Gupta against M/s Saha Infratech Pvt Ltd and others. According to the complaint, the buyer had entered into an agreement…
In a major development for the real estate market, the Yamuna Expressway Industrial Development Authority has approved a 3.58% increase in property prices across its jurisdiction. The decision was taken during the authority’s 89th board meeting, and the revised rates will come into effect from April 1, 2026. Airport Effect Drives Property Boom The price hike comes just days before the inauguration of the Noida International Airport, scheduled for March 28. Officials believe that the launch of flight operations from the airport will significantly boost demand for land and property in the region. Real estate experts say the area is…