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 […]

Home buyers in Uttar Pradesh can avail OTS offer till December, Real Estate News, ET RealEstate

LUCKNOW: In another relief to pandemic hit home buyers in the state, the state government has decided to extend the one time settlement (OTS) scheme for allottees till December 31. The scheme had come to an end on Wednesday. The development gains significance as it comes amid soaring numbers of house allottees defaulting on payments […]

Uttar Pradesh government approves Lucknow civic body’s plan to construct 100 MIG flats, Real Estate News, ET RealEstate

LUCKNOW: LMC will soon start the construction of housing apartments and commercial buildings on its vacant land, with the project receiving green signal from the state government. Additional municipal commissioner, Amit Kumar said, “The state government has approved LMC’s proposal to build and sell apartments as well as commercial units. It will help the corporation […]

No fine on late EMIs from March-August for Uttar Pradesh government houses, Real Estate News, ET RealEstate

LUCKNOW: In a relief to home buyers hit by the coronavirus pandemic, the state government has decided not to impose any penalty on delayed payment of instalments for the period between March 1 and August 31. Besides, the government has also advised the development authorities and the housing board to charge simple interest for this […]

Residents’ welfare associations seek guidelines on upkeep duty, Real Estate News, ET RealEstate

File photo GREATER NOIDA: Office bearers of more than three dozen residents’ welfare associations (RWA) reached GNIDA’s office in Knowledge Park IV to hand over a memorandum to the authority’s chief executive officer denouncing its move to hand over the maintenance work of residential sectors to them. GNIDA wants to pass on at least three […]

Shahberi residents want probe into 1,500 illegal registries since building collapse, Real Estate News, ET RealEstate

NOIDA: Two years since the twin-building collapse that claimed nine lives, residents in Greater Noida‘s Shahberi village are demanding a probe by a central agency like CBI or Enforcement Directorate into illegal constructions in the area that have continued unabated since the incident. Around 1,500 registries have been done in Shahberi since the twin-building collapse […]

Uttar Pradesh issues moratorium on housing instalments, Real Estate News, ET RealEstate

LUCKNOW: Wracked by the Covid crisis, home buyers have much to cheer with the state government providing a sixmonth moratorium on payment of instalments for housing property bought from a development authority or UP Housing and Development Board. The state housing and urban planning department has decided to waive penal interest on allottees, who could […]

Uttar Pradesh CM addresses cops’ housing woes, Real Estate News, ET RealEstate

LUCKNOW: Thousands of police personnel staying in dilapidated barracks in Police Lines would soon get new hostel buildings equipped with all modern facilities as 470 projects, totalling Rs 2,789 crores, to strengthen the housing infrastructure for the men in uniform are underway in the state. Urgency for the work can be gauged from the fact […]

Uttar Pradesh will soon notify land to shift 3,600 families hit by Jewar airport, Real Estate News, ET RealEstate

GREATER NOIDA: The UP government will soon notify the declaration to rehabilitate some 3,600 families affected due to the Jewar international airport project, clearing the decks for formally handing over the acquired land to concessionaire Zurich Airport International AG for starting construction. The airport is expected to be operational by 2023, with two runways in […]

Buyers to pay smaller EMIs for longer period to complete deal, Real Estate News, ET RealEstate

LUCKNOW: Many home buyers who wanted to cancel bookings and get a refund instead from builders following financial crisis due to the pandemic have agreed to a middle path. On the suggestion of Uttar Pradesh Real Estate Regulatory Authority (UPRERA), buyers can go ahead with the deal by paying smaller monthly instalments for a longer […]

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