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Greater Noida
State-owned NBCC (India) Ltd has sold 609 housing units in Greater Noida (West) for Rs 1,070 crore through an e-auction. In a regulatory filing on Wednesday, the company informed that it has sold 609 residential units in two projects 'Aspire leisure valley' and Aspire Centurian Park through an e-auction at total sale value of Rs 1,069.43 crore. NBCC will get marketing fee at 1 per cent of sale value. NBCC did not mention the name of the buyer. As per the direction of the Supreme Court, Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE) was formed to complete the stuck projects of Amrapali through the NBCC. The state-owned firm was asked to complete 38,000 flats and hand them over to homebuyers. The investment to complete these flats was projected at around Rs 8,300 crore. Meanwhile, Delhi-based AU Real Estate said that it has acquired the selling rights for Aspire Leisure Valley (Phase 2) and Aspire Centurian Park from NBCC. "The combined transaction valu
Realty firm Ashtech Group, which is into construction materials and infrastructure development, has entered into the real estate business and will develop around Rs 1,800 crore to build a luxury housing project in Greater Noida. The company's first project will be developed on a fully paid-up 5.6-acre plot, which it acquired from the authority for around Rs 300 crore, Ashtech said in a statement on Thursday. Sumit Agarwal, Director of Ashtech Group, said the company has been in allied sectors such as fly ash bricks, AAC Blocks, Ready-mix concrete (RMC), Pre-Engineered Building, large-scale infrastructure, and power infrastructure. "We believe this is the right time to extend our expertise to real estate development," he added. The company will soon launch the first phase of the upcoming project. Delhi-NCR-based Ashtech Group, which posted Rs 500 crore turnover last fiscal, plans to launch more projects in the coming years. The real estate sector has been performing exceedingly we
The Uttar Pradesh government on Sunday announced that eight-day trade shows will be organised across all 75 districts of the state from October 9 to 16, where entrepreneurs will be provided free stalls to showcase and promote their products on a wider scale. Khadi and Village Industries Minister Rakesh Sachan made this announcement during a seminar on Khadi for Nation, Khadi for Fashion held on the fourth day of the UP International Trade Show (UPITS) in Greater Noida, an official statement said. Highlighting the significance of GST reforms, Rakesh Sachan stated that for the first time since the introduction of GST, such a large-scale relief has been implemented, bringing fresh momentum to the MSME sector. "Earlier, trade shows were restricted to the divisional level, but in view of the success of UPITS, the government has now decided to expand them to every district. Entrepreneurs from diverse sectors, including Khadi, textiles, and ODOP, will participate, with officials already ..
Prime Minister Narendra Modi will on Thursday inaugurate the UP International Trade Show (UPITS) at the India Expo Mart in Greater Noida. The third edition of the mega event - envisioned under the leadership of Chief Minister Yogi Adityanath - is scheduled to be held from September 25 to 29, and it will present Uttar Pradesh's industrial, agricultural, cultural, and innovation strengths on a global stage, said an official statement. UPITS 2025 aims to create a future-ready ecosystem for youth, entrepreneurs, and international delegates, while celebrating the state's diverse identity through the confluence of craft, culture, and cuisine, it said. Since its inception, UPITS has grown remarkably in scale and impact. The inaugural 2023 edition, opened by President Droupadi Murmu, featured 1,914 exhibitors and 400 foreign buyers. The second edition, inaugurated by then-Vice President Jagdeep Dhankhar, expanded to 2,122 exhibitors, 350 foreign buyers, and 500,000 visitors, generating exp
The investigation into the suspected dowry death of Nikki Bhati has taken a new turn after the recovery of an inflammable substance from her room and the emergence of fresh video clips, prompting police to revisit the timeline of the August 21 incident, a senior officer said on Wednesday. The officer, who is part of the probe, said the inflammable solution found in Nikki's room has been sent for forensic analysis. Police are also collating and examining multiple short video clips, which are surfacing in the public domain in connection with the August 21 incident. The new findings seem to mark a shift from earlier allegations that Nikki (26) was set on fire with a flammable liquid by her husband Vipin Bhati and his family. Police will also re-examine the statement of Nikki's sister Kanchan, who shot a video of the alleged incident, lodged the FIR and claimed to have tried to intervene in the matter. Kanchan is married to Nikki's brother-in-law, Rohit Bhati. Vipin, Rohit, Nikki's ..
The father-in-law and brother-in-law of Nikki Bhati, the 26-year-old woman who was allegedly burnt alive over dowry demands in Greater Noida, have been arrested, police said on Monday. The accused, identified as Satveer Bhati (55) and Rohit Bhati (28), were arrested by Kasna Police near Sirsa Toll Chauraha following a tip-off and manual intelligence inputs, the police said in a statement. An official told PTI that both the arrests were made separately with some time difference between the two. Nikki's husband Vipin Bhati, brother Rohit, mother and father are among those mentioned as accused in the FIR. All four have been arrested. A case had been registered against the four at Kasna Police Station on August 22 under sections 103(1) (murder), 115(2) (voluntarily causing hurt), and 61(2) (attempting to commit offences punishable with life imprisonment or others) of the Bharatiya Nyaya Sanhita. Police said Rohit had been absconding since the incident that sparked outrage across the .
The man accused of setting his wife on fire over dowry was shot in leg on Sunday while escaping custody, police said. Vipin Bhati was arrested Saturday after he was caught on video allegedly assaulting and dragging by her hair his wife, Nikki, in a Greater Noida house. Nikki was allegedly set on fire by Bhati. She died on the way to a hospital. Two videos of the horrifying incident made rounds on the internet. One of them showed a man and woman assaulting the woman and dragging her out of the house by her hair. The other showed the woman limping down the stairs after being set on fire. Kanchan, the elder sister of Nikki, who is married in the same family, made a video of the incident that occurred in Sirsa village, under the limits of Kasna Police Station.
The Central Pollution Control Board (CPCB) has released more than Rs 238 crore to nine urban local bodies (ULBs) in the NCR as part of its efforts to support city-level air pollution control under the Environment Protection Charge (EPC) funds, an RTI reply has revealed. The funds were disbursed to ULBs in Gurugram, Jind, Narnaul, Nuh, Palwal, Greater Noida, Hapur, Bharatpur and Bhiwadi through the respective state pollution control boards (SPCBs), according to the reply provided by the CPCB's air quality management division to an application filed under the Right to Information (RTI) Act on June 17. Additionally, the release of Rs 18.56 crore for seven other cities in the National Capital Region (NCR) -- Bahadurgarh, Bhiwani, Charkhi Dadri, Daruhera, Karnal, Panipat and Sonipat -- is currently under process through the Haryana State Pollution Control Board (HSPCB), the reply said. The funds are meant to serve as gap-funding support for implementing the city action plans for ...
Real estate company Sobha Ltd will invest around Rs 800 crore to develop a luxury housing project in Greater Noida as part of its plan to expand business in the Delhi-NCR property market. The Bengaluru-based company has got all regulatory approvals to launch its project 'SOBHA Aurum' in Greater Noida, comprising 420 apartments. The project is spread across 3.46 acres with development potential of 9.3 lakh square feet, the company said in a statement on Thursday. Sobha Ltd did not mention the project cost. However, sources said the total investment will be around Rs 800 crore. The realty company has launched this project at around Rs 14,000 per square feet. The apartments are being sold in a price range of Rs 1-3.5 crore. Sobha Ltd had bought this land parcel through an auction process for around Rs 160 crore. The company already has a presence in the Delhi-NCR market. It has developed many projects in Gurugram, including 'Sobha International City' on Dwarka Expressway. This is t
Realty firm County Group will invest Rs 1,800 crore to develop a housing project in Ghaziabad as part of its expansion plan. The company has launched new project 'Jade County', which is spread over 13.33 acres, comprising around 1,000 units. In a statement on Wednesday, County Group said that it has bought this land parcel in Wave Group's large township 'Wave City' for Rs 400 crore. The total saleable area in this project will be 30 lakh square feet. The "total investment outlay will be Rs 1,800 crore", it added. Amit Modi, Director at County Group, said the project is strategically located in Wave City along the NH24 corridor. "With swift connectivity to Delhi, Noida, and Greater Noida, and backed by infrastructure upgrades like the Delhi-Meerut Expressway and Hindon Airport, the region is fast becoming a preferred destination for premium living," he said. County Group has delivered nearly 18 million sq ft of real estate space across various projects in Delhi-NCR. It is currentl
Realty firm VVIP Group will invest around Rs 800 crore to develop a luxury housing project in Greater Noida. In a statement on Monday, VVIP Group said it has launched a new ultra-luxury project 'VVIP Addresses' at Sector 12, Greater Noida West. "With an investment of approximately Rs 800 crore, the project will comprise 350-plus premium residential units in a single-phase development," it said. The project is spread over 5 acres. The company is selling units between Rs 3.49 crore and Rs 6 crore. Praveen Tyagi, CMD of VVIP Group, said, There is a growing demand for luxury housing in the region, which reflects buyers' evolving preferences and a keen desire for a lifestyle that combines opulence, comfort, and connectivity." VVIP Group has developed many projects in Delhi-NCR.
Motilal Oswal Mutual Fund (MF) on Thursday acquired additional shares of IT firm Coforge worth Rs 231 crore through an open market transaction. According to the bulk deal data available on the NSE, Motilal Oswal MF purchased 3.5 lakh shares or 0.52 per cent stake in Greater Noida-based Coforge. The shares were acquired at an average price of Rs 6,605.13 apiece, taking the transaction value to Rs 231.18 crore. After the latest transaction, Motilal Oswal MF's equity stake in Coforge rose to 8.58 per cent from 8.06 per cent. Details of the seller(s) of Coforge's shares could not be ascertained on the National Stock Exchange (NSE). The scrip of Coforge on Thursday climbed 3.78 per cent to close at Rs 6,650 per piece on the NSE. On Thursday, Coforge said its wholly-owned subsidiary Coforge Technologies Australia has completed the acquisition of TMLabs from its shareholders in accordance with the share sale agreement.