Page 12 - Noida

Schools in Delhi, Noida, Gurugram closed on Monday due to heavy rains

All schools in Delhi and its adjoining NCR cities of Gurugram and Noida will be closed on Monday in view of torrential rains in the region, according to officials. Most parts of north and northwest India, including the national capital region, received torrential rains from Saturday, leading to waterlogging, flash floods, house collapses and human fatalities. Delhi Chief Minister Arvind Kejriwal said a notice has been sent to the head of schools in the city, saying that all government and private schools will remain closed for students on Monday. However, teachers have been directed to go to schools as usual. "In view of the torrential rains since Friday and the Orange Alert issued by the India Meteorological Department (IMD), it is directed that all government and private schools shall remain closed for students on July 10 (Monday). Students must be informed, well in advance, about the holiday so that they do not venture out, a circular from Directorate of Education (DoE) said. "A

Unsold housing stock drops 21% in Delhi NCR in April-June quarter: Anarock

It is the steepest drop of available stock among the top seven cities in India

UP RERA asks Ajnara Realtech to complete stuck project by June 2025

Real estate regulator in Uttar Pradesh has asked realty firm Ajnara Realtech to complete its stalled housing project in Greater Noida, comprising nearly 600 flats, by June 2025. The project 'Ajnara Le Garden Phase-3', located in Noida Extension (Greater Noida -West), was launched in 2014 but could not be completed. There are 585 flats in four towers in this project, of which 476 units have been sold to customers. In a statement, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) on Monday said it has authorised Ajnara Realtech, the existing promoter of the Ajnara Le-Garden Phase-3 project, to complete the remaining construction. The promoter has been given time till June 2025 to complete the remaining construction work and ensure possession of homes to 476 allottees, it said. "UP-RERA, with a view to protect the interests of the allottees of a stuck project... authorised the existing promoter, Ajnara Realtech, to undertake the completion of the remaining construction and

AltF Coworking starts 2 centres with 1,600 office desks in Noida, Gurugram

AltF Coworking has started two new centres with a total capacity of nearly 1,600 desks in Noida and Gurugram as part of its expansion plan amid rising demand for flexible workspace from corporates. The company has signed up 1.5 lakh square feet area in a office building at Sector 142, Noida, having a total capacity of around 3,000 desks. It has already made operational 970 seats from the beginning of this month and will open the rest in the coming months. AltF Coworking has also started a new centre on Golf Course Road in Gurugram, comprising 600 seats and 25,380 square feet area. The company provides managed office space, mainly to startups and SMEs. Sarthak Chhabra, co-founder of AltF Coworking, said, "We have opened two new centres in Noida and Gurugram to encash rise in demand of flexible workspace. With the start of these two centres, our total capacity has gone up to 4,700 desks across 10 centres." The company has now 10 centres in Delhi-NCR and out of that six are in Gurugr

UP CM bats for media freedom, renames Noida road after Ramnath Goenka

Uttar Pradesh Chief Minister Yogi Adityanath on Sunday batted for the freedom of media as he recalled June 25, 1975, as a "black day" in the history of Indian democracy -- when the nationwide emergency was imposed by the Indira Gandhi-led government. Adityanath said this at an event at the office of The Indian Express after officially renaming a key road in Noida as 'Ramnath Goenka Marg' after the founder of the publication. Formerly known as Amaltash Road, the busy route connects Rajnigandha Chowk in Noida's Sector 16 to Sector 12 and comes under the management of the local Noida Authority, which functions under the Uttar Pradesh government. The office of The Indian Express is located on this route. Adityanath also remembered and paid tribute to those who worked to restore democracy during the Emergency period, which lasted till 1977. "The day of June 25, 1975, is known as Black Day in the history of Indian democracy. But during that time, India had witnessed the struggle and ...

Saya Group to invest Rs 2,000 cr in 1.4 mn sq ft-shopping mall in Noida

Realty firm Saya Group will invest Rs 2,000 crore to develop a 14 lakh square feet shopping mall in Noida as part of its expansion plan, its CMD Vikas Bhasin said on Wednesday. The construction work has started and the shopping mall 'Saya Status' is expected to be operational in January 2025. "We are developing the country's tallest mall in Sector 128, Noida Expressway. The total built up area is 14 lakh square feet while the leasable area is 11 lakh square feet," Bhasin told reporters. The height of the 9-floor shopping mall is around 160 square feet, the company said. The company will keep 70 per cent area in the mall and sell 30 per cent area to investors. The company however will retain the leasing rights. Asked about investment, Bhasin said the total cost will be around Rs 2,000 crore, including expenditure on land, construction and marketing. The investment will be funded through internal accruals and loans from IIFL. Saya Group is selling the retail space in a price range

Coaching centre fire row: DIOS issues notices to 54 institutes in Noida

Days after Mukherjee Nagar coaching centre fire in Delhi, the DIOS has issued notices to 54 coaching institutes running in Noida and Greater Noida without fire safety arrangements

86% households in Noida, 94% in UP experience daily power cuts: Survey

Eighty-six per cent of the households in Noida and 94 per cent in Uttar Pradesh have experienced daily power outages in the ongoing month of June, according to a survey by a social media platform. The findings are based on responses from over 14,000 respondents located in 56 of the 75 districts of the state, the survey conducted by LocalCircles said. According to the survey, 94 per cent of households in Uttar Pradesh surveyed say they have been facing power outages daily in June. Also, 65 per cent of those surveyed in Uttar Pradesh are facing power outages three or more times on average every day, it claimed. Overall in Uttar Pradesh, six per cent of the respondents stated that they have no knowledge as we have 24X7 power backup, the survey found. In Gautam Buddh Nagar district (Noida), 86 per cent of households surveyed confirmed experiencing daily power outages this month, with 35 per cent of them saying that the outages last more than two hours, according to the survey. On ave

BJP president Nadda chairs special meeting with party workers in Noida

BJP president J P Nadda is holding a "tiffin meeting" here with party workers of western Uttar Pradesh, the party's Noida Mahangar president Manoj Gupta said on Wednesday afternoon. "The 'tiffin meeting' is part of the BJP's mega public outreach program ahead of the 2024 general elections," Gupta said. The BJP's state unit chief Bhupendra Chaudhary, vice-president Pankaj Singh, Gautam Buddh Nagar MP Mahesh Sharma and Rajya Sabha MP Surendra Nagar among others are accompanying Nadda, he said.

Noida-based IKIO Lighting's IPO to kick off on June 6; check details here

The initial share-sale of LED lighting solutions provider IKIO Lighting Ltd is set to open for public subscription on June 6. The three-day initial public offering (IPO) will conclude on June 8. The bidding for anchor investors will open on June 5, according to the red herring prospectus (RHP). The IPO consists of a fresh issue of equity shares worth up to Rs 350 crore and an offer-for-sale (OFS) of up to 90 lakh equity shares by promoters -- Hardeep Singh and Surmeet Kaur. Proceeds from the fresh issuance worth Rs 50 crores will be used for debt payment, Rs 212.31 crore will be used in the company's wholly-owned subsidiary, IKIO Solutions, to set up a new facility at Noida, Uttar Pradesh, and for general corporate purposes. IKIO Lighting is a manufacturer of light-emitting diode (LED) lighting solutions. It is primarily an original design manufacturer (ODM) and designs, develops, manufactures,s and supplies products to customers who then further distribute these products under its

1 child killed, 28 injured in bus-truck collision in Uttar Pradesh's Noida

One child was killed and as many as 28 people were left injured after a bus and a truck collided in Uttar Pradesh's Noida

State violence giving birth to gun culture: Akhilesh on Noida shootout

Samajwadi Party president Akhilesh Yadav on Monday accused the Uttar Pradesh government of giving birth to "gun culture" in the state, and also held the dispensation accountable for an incident at a private university in Greater Noida where a student killed a batch-mate before shooting himself dead. A 21-year-old BA third year student had on Thursday shot dead his woman batchmate inside the Shiv Nadar university premises. The two were allegedly in a relationship but had broken up due to some differences after which the student took the extreme step, according to local police officials. "Due to poor security arrangements in the prestigious Shiv Nadar university in Uttar Pradesh's Noida, near Delhi, the killing of a girl student by three gunshots is a painful incident. The UP administration had been equally negligent. Uttar Pradesh mein shaasnik hinsa ne nayi 'tamancha sanskriti' ko janm diya hai (The state violence in UP has given birth to a new gun culture in UP," Yadav tweeted in ..

Plan in 2 weeks to resolve stuck up Noida housing projects: UP officer

A plan to resolve the logjam between stakeholders of group housing projects in Noida, Greater Noida is expected in two weeks, a senior Uttar Pradesh government officer said on Monday. According to officials, a meeting of Noida Authority, Greater Noida, bank representatives and real estate developers was held here on May 20 to discuss an action plan for "stuck up" housing projects in the region. During the meeting, some of the bankers also expressed their concern over the region's "declining feasibility" in terms of investment in future, an official, who attended the meeting, told PTI on condition of anonymity. "A lot of housing projects in Noida, Greater Noida have been stuck for a long time. Home buyers in many projects which have been delivered are awaiting registry of the homes for a long time," the official said. "The logjam largely is due to builders not clearing the dues that owe towards the local authorities because of which the whole process for registry of individual homes

Noida emerges as hub of hawala deals in the guise of CSR in last few months

Several hawala rackets for laundering black money have been unearthed in Noida in the last few months. The business that is thriving in Noida, has made it a hub of hawala deals

Noida Police rounds up 135 history-sheeters in overnight raids: Official

The Noida Police on Thursday rounded up 135 history-sheeters and anti-social elements in a major operation to check criminal activities in the region, a senior officer said. Those rounded up were let off by the police in the morning after a detailed verification of their current whereabouts, financial sources, and professions, they said. The raids started around 11 pm on Wednesday and continued overnight despite intense rains and thundering in the early hours of Thursday, he said. History-sheeters are repeat offenders involved in serious crimes such as murder, attempted murder, robbery and kidnapping and are regularly monitored by the police, Additional Deputy Commissioner of Police (Noida) Shakti Mohan Avasthy said. "There are a total of 120 history sheeters listed in the nine police station areas of Noida in Gautam Buddha Nagar district," Avasthy said. "During the police operation 135 history sheeters and anti-social elements were rounded up for verification. More than two-third

Realty firm Group 108 signs MoU to invest Rs 2,000 crore in Noida

Realty firm Group 108 on Wednesday said it has proposed to invest Rs 2,000 crore to develop new projects in Noida and Greater Noida as part of its expansion plan. The company, earlier part of Bhutani Group and now re-branded as Group 108, is currently developing a 40 lakh square feet commercial project 'Grandthum' in Greater Noida (West). "We have signed a memorandum of understanding (MoU) at UP investment summit to invest Rs 2000 crore in the development of real estate projects," Group 108 MD Amish Bhutani told reporters here. He said the company is in talks with landowners to buy land for development of commercial and residential projects at Noida and Greater Noida. Bhutani said the ongoing commercial project, spread over 23 acres, will get completed by March 2024. This project has a total built-up area of 40 lakh square feet and saleable area of 32 lakh square feet. The company has already sold 25 lakh square feet of space. "We have invested around Rs 400 crore on this project

Apparel exporters in Tiruppur, Noida, to shut down for 10-15 days a month

As orders dry up, exporters in Tiruppur and Noida have decided to shut down for a few days every month but haven't decided to lay off yet

58,685 challans issued during traffic campaign in Noida, 1K vehicles seized

A total of 58,685 challans -- an average of over 3,900 daily -- were issued for violation of traffic rules in Noida and Greater Noida during a 15-day campaign, according to data. Police also seized nearly 1,000 vehicles during the drive. Launched on April 28, the 'Discipline of the Road 1' campaign focused particularly on checking wrong-lane driving and illegal parking, among other violations, a senior official said. According to the official data, 58,685 challans were issued during the campaign period. Of these, 7,792 were for wrong-lane driving/riding and 14,430 for parking violations. The traffic police towed 1,128 vehicles while 996 were impounded for violations even as FIRs were lodged in five cases during the fortnight, the data showed. The total penalty amount from challans during the campaign was Rs 4,91,600 (Rs 4.91 lakh), according to the official figures. Deputy Commissioner of Police (Traffic) Anil Kumar Yadav said the campaign has been effective and learnings from it

Ekka Electronics to invest Rs 1,000 cr in 3 yrs to set up facility in Noida

Consumer electronics company Ekka Electronics on Wednesday said will investing Rs 1,000 crore to set up a factory in Noida, Uttar Pradesh and enter into the manufacturing of products such as washing machines, smart watches, hearables and TWS (true wireless stereo). The Noida plant, in which the company would invest Rs 400 crore by July this year on the acquisition of land, equipment, construction of the facility etc., will house a complete backward integration and in-house design and manufacturing solutions, said its director Sagar Gupta. The plant will manufacture TV and other products such as washing machines, smart watches, hearables and TWS. At present, the company has a setup at Sonipat, Haryana for manufacturing of LED TVs up to 43 inch screen size and set-top-boxes. "In the new plant, we would manufacture LED TVs from screen size of 43 inches to 90 inches, which is currently based on imported components and assembling. We are planning to manufacture those imported components

IT firm Coforge FY23 revenue up 24.6% at Rs 8,014.6 cr, profit grows 4.6%

Noida-based company's board recommended an interim dividend of Rs 19 per share