Noida Archive

Realcraft Group launches RYNE at Yamuna Expressway

NCR-based real estate developer Realcraft Group has launched RYNE, a mid-segment residential project, at sector CHI-V, Yamuna Expressway in Greater Noida.  Speaking to Realty Plus about the project, Jayesh Sharma, Director, Realcraft Buildtech said, “Themed around the concept of green living, Ryne is an invitation to lead a tension-free lifestyle. The USP of this project

India Infoline to soon close Rs 700 crore realty fund; to invest Rs 75 crore in NCR project

India Infoline Venture Capital Fund, the VC arm of the country’s leading financial services provider, is adding another Rs 200 crore to its Rs 500-crore real estate fund. India Infoline had raised Rs 500 crore under its IIFL Real Estate Fund (Domestic) Series-1 early this year. It is set to complete its fundraising by adding

Property prices up 25% in NCR: Report

A study on property prices in Delhi-NCR (National Capital Region) region by has revealed that property prices have increased by an average of 25 per cent across Delhi-NCR in the last one year. Noida recorded the highest property inflation rate in the region, with a 48 per cent increase in prices. The study, an

NCR is the largest residential market

The NCR is the largest residential market in the country by sheer volume of residential units launched. Currently, it has more units than the combined tally of the other five metropolitan cities of Mumbai, Chennai, Bangalore, Kolkata and Hyderabad. One reason is that the NCR has a huge floating population pouring into Gurgaon, Noida, Greater Noida

Noida approves hike of 10-30% in circle rates

The district administration of Gautam Budh Nagar has given preliminary approval to a proposal for hiking circle rates by around 10 to 30 per cent in the coming weeks. The move was cleared by Additional District Magistrate (Finance) S B Tiwari and sent to the district magistrate for approval. The administration is yet to decide

Yamuna expressway to become operational this month

Yamuna Expressway, the rapidtransit corridor between Delhi and Agra, will be operational soon, as the new government in Uttar Pradesh has shown it the green flag. It was originally scheduled to be operational by December 2011. Once Yamuna Expressway is open, the drive from Greater Noida to Agra will take just 90 minutes. One of

Noida to get five more metro stations

The DMRC has submitted its technical report for the construction of a Metro line from Noida City Centre (Sector 32) to Ghaziabad border in Sector 62 (NH 24). The Noida authority, which will spend over R1,000 crore on the project, will study the report on Monday before giving the report a final go-ahead. “The Sector

Wave Infratech to develop 152 acre township in Noida

Wave Infratech, the realty arm of Wave Group has announced the launch of Wave City Center, a world-class mixed use integrated township project spread over 152 acre in Sector 25 & 32 in Noida. The first phase of this self-contained township will be developed over 50 acre at a cost of Rs 4,000 crore funded

Wave Infratech to invest Rs 4,000 crore to build township in Noida

Wave Infratech, the realty arm of Ponty Chadha’s Wave Group, today said it will invest Rs 4,000 crore to develop the first phase of the 152-acre township in Noida and the company does not see any impact on the project with change of government in Uttar Pradesh. The integrated mixed-use project would be developed on

ICICI Prudential AMC, IL&FS Investment Managers invest Rs 225 cr in Amrapali

ICICI Prudential AMC and IL&FS Investment Managers (IIM) are investing Rs 225 crore in Noida-based developer Amrapali for two separate projects in Noida. The developer is issuing compulsory convertible debentures (CCD) to raise Rs 150 crore from ICICI Prudential AMC’s domestic fund for its project Silicon City in Sector-76, Noida. CCDs are usually considered similar