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Noida Authority seals unsold flats, offices of builders over non-payment of dues

Developers against whom the action has been initiated include Gardenia Aims Developers Private Limited, Logix Infrastructure Private Limited and Gardenia Gateway India Limited.

Logix infrastructure privateGardenia gateway indiaNoida authorityGardenia aims developers privateGreater noida authorityGardenia aims developers private limitedLogix infrastructure private limitedGardenia gatewayGreater noidaReal estateNoida authorityEschedulement policy

Noida Authority earns Rs 6,456-crore revenue in FY23, 32% above target

E-auctioning of housing and commercial plots was a significant factor; would have been higher had defaulting developers paid their dues.

Industrial departmentNoida authorityNoida international airport in jewarNoida international airportNoida greaterGreater noidaReal estateRevenue collectionNoida authorityEschedulement policy

Cushman & Wakefield roped in to resolve UP land dues stalemate, stalled projects

Thousands of homes in Noida and Greater Noida are yet to be registered because the builders have not paid their dues.

India generalUttar pradeshManoj kumar singhCushman wakefieldRajive kumarUnion budgetNational real estate development councilUttar pradesh real estate regulatory authorityA noida authorityIndustrial developmentGreater noida industrial development authorityYamuna expressway industrial development authorityNoida authorityGreater noidaRitu maheshwariReal estate developer association

Only 16,800 homebuyers could get flats registered in Gautam Budh Nagar until February 2023: Data

Many builders have either not paid their dues to the authorities or are yet to complete projects, forcing hapless homebuyers to wait endlessly.

India generalUttar pradeshGautam budh nagarGautam buddh nagarYamuna expressway industrial development authorityGreater noida industrial development authorityNoida authorityGreater noida authorityGreater noidaBudh nagarGreater noida authoritiesReal estateGautam budh nagarGreater noidaEschedulement policy

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