Noida International Airport Ltd (NIAL) plans to appoint a monitoring group to ensure adherence to concession agreement terms and conditions for the airport project in Jewar. The project is set to begin commercial operations by October this year with a capacity to handle 12 million passengers annually, expanding to accommodate up to 70 million passengers. The monitoring group's role includes reviewing project status, supporting the master plan review, document control, contract monitoring, and coordination with government departments for timely execution of support activities.
Suraksha Group's resolution plan for Jaypee Infratech Limited (JIL) approved by NCLAT, paving the way for construction on stalled projects in Noida. Update on payments for farmers' compensation and progress on ongoing projects included.
Suraksha Group, having had its resolution plan for Jaypee Infratech Limited (JIL) approved by the NCLAT, is set to take control of the company following a meeting next week. This development brings the group closer to restarting construction on nine stalled projects in Noida s Wish Town and other areas, offering renewed hope to 20,000 buyers who invested in flats 15-20 years ago.
Suraksha Group s resolution plan for Jaypee Infratech Limited (JIL) approved by NCLAT, paving the way for construction on stalled projects in Noida. Update on payments for farmers compensation and progress on ongoing projects included.
The Yamuna Expressway Authority issues notices to over 300 colonisers, urging them to demolish illegal structures or face action. Demolition drives planned after Lok Sabha elections. Power department asked not to provide electrical connections to illegal colonies without permission. Areas affected include Jewar, Jahangirpur, Mathura, Tappal, and more. Deadline set for removal of illegal constructions is June 4.