Ghaziabad development body raises cost of houses under PMAY, Real Estate News, ET RealEstate

GHAZIABAD: The Ghaziabad Development Authority on Saturday enhanced the cost of new houses to be built under the Pradhan Mantri Awas Yojna in the district. The new houses under the PMAY will now cost Rs 6 lakh instead of Rs 4.5 lakh, GDA Vice-Chairman Krishna Karunesh said. In its board meeting chaired by GDA Chairperson […]

After lull, Ghaziabad development body flat sales pick up in three months, Real Estate News, ET RealEstate

GHAZIABAD: After Covid lockdown woes, the cash-strapped Ghaziabad Development Authority (GDA) seems to be finally finding takers for its properties. Between July and October, GDA sold properties worth Rs 125 crore, officials said on Tuesday. This comes as a major respite for the GDA as the auction process had to be stalled between April and […]

Amrapali homebuyers allowed to sell flats after clearing dues, Real Estate News, ET RealEstate

File photo NEW DELHI: Homebuyers seeking an exit from Amrapali Developers’ projects will now be able to do so as the court receiver has issued guidelines for resale of flats. Some 40,000 apartments across Amrapali’s housing projects remain incomplete due to financial mismanagement. About a quarter of these homebuyers want to sell their yet-to-be-ready apartments […]

RWAs warn of protest, say genset ban strange and impractical, Real Estate News, ET RealEstate

NOIDA | GHAZIABAD: There is huge resentment among residents of highrises of Noida and Ghaziabad over the ban on diesel generators, which RWAs have termed “impractical” and “strange” in the absence of uninterrupted power supply. RWA representatives said in group housing societies, emergency services and supplies to flats are jointly run and there is no […]

Verification drive for tenants kicks off in Ghaziabad, Real Estate News, ET RealEstate

GHAZIABAD: In an attempt to trace criminals, Ghaziabad police have started a drive to verify the identity of tenants staying in the city. Beat police officers have started distributing forms that house owners will have to fill up and submit at their nearest police stations, along with documents. According to the police, they have found […]

Residents of Shanti Nagar protest against demolition, Real Estate News, ET RealEstate

GHAZIABAD: Residents of Shanti Nagar staged a protest at Ghaziabad Municipal Corporation’s (GMC) office in Navyug Market on Tuesday against a demolition drive being carried out by the civic body to free 1.3 hectares of land from encroachments. Officials said that over 100 illegal structures had come up on the encroached land parcel, which is […]

Apartment association ‘denies’ electricity supply to flat in Indirapuram, Real Estate News, ET RealEstate

File photo GHAZIABAD: A family has been unable to shift to their flat in a housing society in Indirapuram even after being given the possession in March this year as the Apartment Owners Association (AOA) has allegedly refused them electricity connection. Over the months, various authorities, including Ghaziabad Development Authority (GDA) and the electricity department, […]

Over 100 buildings in Ghaziabad marked unsafe, 500 residents at risk, Real Estate News, ET RealEstate

GHAZIABAD: The city has seen nearly a four-fold rise in ‘unsafe’ buildings in the past two years — from 26 in 2018 to 102 this year, as per the latest survey conducted by the Ghaziabad Municipal Corporation s(GMC). However, residents are yet to vacate many of these buildings. An estimated 500 people are currently staying […]

Builders in Ghaziabad yet to hand over 50 societies’ upkeep to RWAs, Real Estate News, ET RealEstate

File photo GHAZIABAD: There are at least 50 housing societies in Ghaziabad where the builders have not yet handed over the maintenance to the RWAs even after mandatory 66% occupancy. While residents allege there is a deliberate attempt on the part of builders not to hand over upkeep to the RWAs as they do not […]

12 years after launch, a ray of hope for Indirapuram Habitat Centre buyers, Real Estate News, ET RealEstate

GHAZIABAD: Twelve years since the launch of the project, there’s finally a ray of hope for some 2,000 allottees of the Indirapuram Habitat Centre (IHC). The insolvency resolution professional appointed by the National Company Law Tribunal (NCLT) has invited resolution applicants for the completion of the shopping centre in Ahimsa Khand. The last date for […]

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