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Latest from noida authority

Noida authority complaints against 2 projects in EOW

The move came after the Noida authority realised that despite having collected funds from the homebuyers, the promoters misused the same without bothering to pay to the authority

The realty firm failed to pay the land cost dues and also could not complete the housing project within the stipulated time despite repeated notices. So far, the authority struggles to recover <span class='webrupee'>₹</span>495.85 crore land cost dues from this realty firm, said officials. (Sunil Ghosh/HT Photo)
Published on Feb 15, 2025 06:44 AM IST

Noida dedicates 15 crore worth of projects to public

These projects include six projects completed with a budget of ₹15 crore, while Noida MLA Pankaj Singh, Noida authority additional chief executive officer Sanjay Kumar Khatri and others laid the foundation stones for two new projects having a budget of ₹1 crore

The projects for which foundation stones were laid are the construction of a boundary wall for a commercial plot in front of Pocket 12, and the installation of a boundary wall and directional boards in Swarnim Vihar to improve infrastructure, said Noida authority officials. (HT Archive)
Published on Feb 12, 2025 07:18 AM IST
By, Noida

Noida to hire expert agency for land dues recovery

The expert financial agency will also play a crucial role in monitoring firms undergoing insolvency proceedings

The authority requires real-time updates on cases being heard at the NCLT, particularly for firms that are at risk of insolvency but have not yet entered formal proceedings. By tracking these developments, the agency will enable the authority to make informed decisions and take pre-emptive measures where necessary. (Sunil Ghosh/HT Photo)
Published on Feb 10, 2025 06:00 AM IST

NCLT terminates insolvency resolution process against Logix Infra 

NCLT has directed the resolution professional to return the management control of the firm to ex-management and also ended the moratorium period given to the realty firm

The February 6 order also termed all decisions taken by resolution professional Pawan Kumar Goyal after his appointment as “null and void”. (Sunil Ghosh/HT Photo)
Published on Feb 10, 2025 05:56 AM IST

Noida seals two apartments, commercial space in Sector 50 society over dues

The Noida authority said the realty firm till December 31, 2023, owed the authority ₹55.27 crore in land cost dues against the group housing plot

On December 27, 2024, the Noida authority urged the Gautam Budh Nagar district administration to issue a recovery notice to the realty firm as per the procedure, said officials. (Sunil Ghosh/HT Photo)
Published on Feb 08, 2025 07:10 AM IST
By, Noida
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