Greater Noida is an upcoming locality of Delhi/NCR as per Price appreciation and an important real estate market in India. As per the recent analysis by www.makaan.com Property Price Trends, per square feet (psf) price for renting a property in Greater Noida is Rs. 7.75/-.
NOIDA: The Noida Authority has decided to appoint a technical consultant by the end of this month to begin its ambitious Riverfront Development Project. Through this project, the Authority will develop green corridors along the riverbanks of Yamuna and Hindon by massive plantation drives and building recreation zones, among other things. Green corridors will also be developed at the three entry points of Greater Noida adjoining the riverbanks.
The green buffers developed along the riverfronts will help prevent colonization of floodplains, besides improving the environment. The Noida and Greater Noida authorities have allocated Rs 100 crore for the project.
The Authority plans to spread the Riverfront Development Project in Noida across a total area of over 600 acres. Officials said that land for the project will be transferred to Noida Authority from the UP Irrigation Department in phases. In the first phase, around 200 acres would be handed over.
Noida Authority will finalize the technical consultant on June 26. The consultant will have to undertake a detailed survey of the area for developing the green corridors, besides preparing the basic design of the project. The consultant will also undertake inspection of the project during the construction phase. The project design will be prepared after studying similar projects that have been successfully executed in European nations. The green corridors are also mooted to recharge depleting groundwater tables.
The project had been approved in the last board meeting of the Authority in May. As part of the project, eco-friendly cycling tracks, green belts and parks would be developed in the green corridors. The green corridors would serve as boundaries between Master Plan areas of Noida and Greater Noida and the floodplain zones.
With the Noida, Greater Noida and Yamuna Expresssway authorities announcing a substantial hike in land allotment prices, one wonders how expensive it will be now to buy land. Also, will this move have a major impact on the 2,00,000 units currently under various stages of construction in Noida and
LUCKNOW: Two months after promising a slew of infrastructure development projects for Noida and Greater Noida, Uttar Pradesh Chief Minister Akhilesh Yadav on Monday rolled out the red carpet for Ghaziabad, unveiling as many as 19 development projects worth Rs 3,750 crore for the district. Akhilesh also distributed free laptops to 8,074 students from Ghaziabad and Noida, identified as beneficiaries of the SP government’s free laptop scheme.
Though Ghaziabad’s power crisis remains the greatest concern for residents of the western district, Monday’s fund flow steered clear of promising additional power stations to the district.
Akhilesh did, however, harp on the state’s initiatives to improve the power condition in UP. He said the government had not only authorised the construction of new power stations, but was also equally concerned about ensuring their maintenance.
Saying the SP government was the first to ensure its budget was distributed equally across all sections of the society, Akhilesh also announced that the government would grant tehsil status to Loni after a detailed survey and municipal corporation status to Khoda, also after a delimitation exercise. He also promised two additional police stations in Khoda and one in Loni.
On Monday, the SP government distributed the bulk of the Rs 3,750 crore corpus for building 5,000 houses for the economically weaker sections, 560 LIG homes and 144 mini-MIG homes for the district’s residents. Among other infrastructure projects, the chief minister inaugurated the third bridge over the Hindon, sanctioned funds for widening the roads at Modi Nagar on NH58, inaugurated three sewage treatment plants for Ghaziabad, and sanctioned an elevated road from Raj Nagar extension to UP gate.
Akhilesh, who will stay back in Delhi on Tuesday, also reiterated the SP government’s commitment to keeping the promises it made during the assembly elections in 2012.
Saying the government had taken several initiatives for promoting industrial growth and improvements in the agriculture, health and education sectors, Akhilesh said, “The Samajwadi Party is the only party that does not believes in keeping the promises it made.”
In April, Akhilesh had toed a similar line while sanctioning nearly Rs 3,500 crore worth of projects for Noida. Talking about sustainable and inclusive growth along with protecting the welfare of villagers, Akhilesh had, apart from affordable housing schemes, hospitals and educational institutions, also promised to address the power crisis in Noida and Greater Noida.
NOIDA/GREATER NOIDA: While Mayawati may no longer be in power in the state, the four high-tech schools in the city, which were touted as her dream projects, are in some ways continuing her dream. Constructed at a total cost of Rs 600 crore, the four institutions – Mahamaya Girls’ Inter College in Sector 44 of Noida, Panchsheel Boys’ Inter College in Sector 91 of Noida, Savitri Bai Phule Girls’ Inter College in Kasna (Greater Noida) and Gautam Buddha Boys’ Inter College at Knowledge Park V in Greater Noida – have all registered a 100% pass percentage with a number of 10 CGPAs in the CBSE Class X results.
LUCKNOW: In signs that the state’s government initiatives to attract industry may be yielding results, a government-cum-business delegation from Singapore has evinced interest in investing in infrastructure projects, the proposed IT City at Lucknow, Trans-Ganga project near Kanpur, solid waste management, solar power, road and the proposed Greater Noida Night Safari, among others. In this context, a team of key officials of ‘International Enterprise Singapore’ (IES), and Changi Airport Group met special secretary, industrial development, Kaushal Raj Sharma on Friday.
The Singapore delegation comprised of Wong Ken Mun, director, IES Mumbai and Amita Mehta, director, IES Delhi, along with Phau Hui Hoon, senior manager of Changi airport group, Singapore. Following a detailed discussion with Sharma about investment avenues for Singaporean firms, Mun said the International Enterprise Singapore was a government agency driving Singapore’s external economy as well as promoting overseas growth of Singapore-based companies and international trade. He said, “In our first visit to Lucknow, we are on a fact-finding mission to explore investment opportunities for Singapore companies in Uttar Pradesh.”
Sharma informed the delegation about various infrastructure development projects coming up on a Public Private Partnership (PPP) model that are also open for bidding at present. Promising to return with specific investment proposals, the visiting delegation also evinced interest in the proposed night safari at Greater Noida, the Agra-Lucknow Expressway, the IT City and international airport at Agra, among other projects.