1 BHK Houses/Villas for Sale in Noida Greater Noida Expressway Noida
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New Metro Links To Boost Noida Property MarketLack of public transportation has for long had an impact on the property prices in Noida and Greater Noida. However, the upcoming Metro links will change the real estate landscape of these twin cities and boost property prices. Trial runs on the 30-kilometre Aqua Line in Noida will begin from April 15 — a route that will originate from Sector 71 and terminate at Delta Depot Station in Greater Noida. Many commercial markets in Noida as Sector 60, 61, 62, 63, SEZs and Noida-Greater Noida Expressway will witness real estate growth. Housing opportunities and rental demand are also set to rise in Noida.
Noida Authority Earmarks Rs 1,500 Cr For 19 OngoingThe Noida Authority plans to invest Rs 1,500 crore in 19 different developmental projects in the city. Besides, efforts are being undertaken to ensure energy and water consumption in Noida. Meanwhile, Noida’s residential welfare authorities have been protesting against the inefficacy of workers hired by the Authority who are on regular strikes resulting in poor civic conditions in the Authority’s jurisdiction.
Yamuna Expressway To Get New Safety Features, TranspAlthough planned for high-speed commuting, Yamuna Expressway has now become a notorious accident-prone stretch, raising safety concerns. The media has reported several cases of traffic violations, leading to 105 and 110 accidental deaths on the expressway in 2016 and 2017, respectively.
Yamuna Expressway Authority To Go After Builders WhoIn Noida, the period between 2011 and 2012 was declared a zero-interest period. During the zero-interest period, when construction was hit because of farmer protests, builders were not required to pay interest on land dues. After great deliberation and study, the move was launched. Now, authorities suspect developers of misusing the benefit offered to them.
Authorities Yet To Pay For Gram Panchayat Land TheyThe three authorities in Noida – the Noida Authority, the Greater Noida Authority and the Yamuna Expressway Industrial Development Authority (Yeida) —have not paid the compensation for the gram panchayat land they acquired to sell to private developers, media reports say. Gram panchayat land is meant to be developed for the benefit of villagers. Instead, the three authorities sold this land for private use.