Jewar Airport Expected to fuel Economic Growth in Greater Noida

Jewar Airport Expected to fuel Economic Growth in Greater Noida

The proposed international airport project at Jewar along 165km Yamuna Expressway may boost the population in Greater Noida and fuel economic activity. Many refer to Greater Noida as a ‘ghost city’ due to unoccupied housing projects. Residential societies that have been locked for many years are expected to become occupied when the airport nears completion, as the project will boost economic activity in this region. Greater Noida was established as a planned industrial town in 1992 on 40,000 hectares of agricultural land, double the area of neighboring Noida. However, industrial…

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Haryana Govt Prepares Draft Land Pooling Policy

Haryana Govt Prepares Draft Land Pooling Policy

Chandigarh, Jun 20 () The Haryana government has prepared the draft Land Pooling Policy-2017, with a view to make land-owners partners in the development process.Under this policy, the landowners will get a part of the developed land in the form of residential and commercial plots in lieu of their land contribution, a spokesman of the Haryana Urban Development Authority (HUDA) said here today. He said the draft policy was a standalone policy applicable in the controlled areas of Haryana, notified by the competent authority.”This policy is aimed at procuring or…

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Central Govt Approves Proposal to set up Airport in Jewar in Greater Noida

Central Govt Approves Proposal to set up Airport in Jewar in Greater Noida

The proposal for a greenfield airport in Jewar in Greater Noida was cleared by the Centre Saturday and is likely to be operational in the next 5-6 years. “In principle, clearance has been granted’ for the airport, said Civil Aviation Minister Ashok Gajapathi Raju. The airport has been planned to reduce the load of passengers at the Indira Gandhi International Airport, the country’s main aviation hub and one of its busiest airports. “In Delhi, we are expecting 91 million passengers by 2020 and 109 million passengers by 2024,” Raju told…

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Land pooling gets a boost as L-G approves notification to develop 95 villages

Land pooling gets a boost as L-G approves notification to develop 95 villages

While the policy implementation will change the character of the rural belts, revenue villages on the margins of the Delhi border across the city are likely to remain out of the policy even in the future. In a major push for planned development and affordable housing in the city, Delhi lieutenant governor Anil Baijal on Friday approved the notification to develop 95 villages under the land pooling policy. All the villages to be developed under the policy are located in west, north and north-western parts of Delhi. The villages are…

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95 Villages Declared as Development Area of DDA : Notified Today by Hon’ble LG

95 Villages Declared as Development Area of DDA : Notified Today by Hon’ble LG

The most awaited update on the Delhi Land Pooling Policy is Notified today by Delhi LG.Lt Governor. Mr. Anil Baijal today finally approved notification to declare 95 villages as development area of DDA in Delhi L Zone, K1 Zone, N-Zone, and P2 Zone. This Notification is the biggest step in implementing Delhi Land Pooling Policy which will open the door of affordable housing in New Delhi. This complete overhaul development will be as per Public Private Partnership model in which DDA would take care of all Public Infrastructure and all…

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लाखों फ्लैट और अपार्टमेंट बनने का रास्ता साफ, लैंड पूलिंग पॉलिसी होगी लागू

लाखों फ्लैट और अपार्टमेंट बनने का रास्ता साफ, लैंड पूलिंग पॉलिसी होगी लागू

नई दिल्ली उपराज्यपाल और डीडीए के चेयरमैन अनिल बैजल ने राजधानी में लैंड पूलिंग पॉलिसी लागू होने के लिए सबसे जरूरी दिल्ली के 89 गांवों के स्टेटस को ग्रामीण से शहरी क्षेत्रों में बदल दिया है। उपराज्यपाल की मंजूरी के बाद दिल्ली सरकार के शहरी विकास विभाग ने इसका नोटिफिकेशन भी जारी कर दिया। डीडीए को उम्मीद है कि इससे दिल्ली को 2022 तक करीब 20 लाख फ्लैट मिल सकेंगे। इन 89 गांवों में 50 गांव नॉर्थ एमसीडी इलाके में हैं और 39 गांव साउथ एमसीडी इलाके में। ईस्ट एमसीडी…

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Land pooling for housing gets a boost in Delhi as 89 rural villages notified as urbanised

Land pooling for housing gets a boost in Delhi as 89 rural villages notified as urbanised

Paving the way for the implementation of Land Pooling Policy, the urban development department of the Delhi government on Wednesday declared 89 villages in the city as urbanised. The move will allow the development of these land patches under the land pooling scheme aimed at providing affordable housing to city residents. The villages declared urbanised are spread across the North and South Municipal Corporations. While 50 villages are under North MCD, 39 fall under the jurisdiction of the South MCD.As per the Master Plan of Delhi (MPD) 2021, based on…

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Jewar Airport Plan to be Sent for center’s Govt Nod

Jewar Airport Plan to be Sent for center’s Govt Nod

The proposal to set up an international airport in Jewar will soon be sent for clearance to the steering committee formed by the Union ministry of civil aviation, according to Dr Prabhat Kumar, chairman, Yamuna Expressway Industrial Development Authority (YEIDA), on Friday. “Once the committee, under the chairmanship of the civil aviation secretary, gives the nod, the application for in-principle approval from the government of India will be moved before YEIDA starts the land acquisition process,” Kumar told TOI. Kumar said that site clearance was the first step for the…

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How will RERA Impact Real Estate Agents?

How will RERA Impact Real Estate Agents?

Under the Real Estate (Regulation and Development) Act (RERA), which came into force on May 1,2017, real estate agents will need to register themselves, to be able to facilitate a transaction. The broker segment in India, is estimated to be a USD 4 billion industry, with an estimated 5,00,000 to 9,00,000 brokers. However, it has traditionally been unorganised and unregulated. According to Shubhika Bilkha, business head, the Real Estate Management Institute, “In more advanced markets, real estate brokers or agents need to register, be verified and certified, in order to…

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World Trade Centre in Noida to become fully operational by 2020

World Trade Centre in Noida to become fully operational by 2020

NOIDA: In what could help scale NCR based technology industries and small and medium scale operators to a global platform by offering a gateway for linkages and scale, the World Trade Center, Noida, is expected to go fully operational in three years, by 2020. The World Trade Center, Noida is the biggest WTC in the world yet, at 44 acres. The one second to it is located in Beijing, China at 43 acres. Talking to TOI, Scott D. Ferguson, CEO, World Trade Centers Association, USA, presently visiting India, said, “Noida…

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