Archive for January, 2010

Accident on Greater noida Expressway

About 15 vehicles collided on Noida Greater Noida Expressway near sector 151 due to dense fog on Saturday morning. “Car dashed from behind on truck…on that car one after another about 12 vecilcles collided. 3-4 of the vehicles are badly damaged.7-8 persons are reportedly injurred” says S K Verma, Supdt of Police, Greater Noida. 3 persons of wipro are being reportedly treated at Kailash Hospital. Commuters are advised to drive slowly on expressway.

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Greater Noida airport expectations

One Good News for all of us :
“Industry officials point that if Los Angeles with a population of just 13 million has 6 airports, London with a population of barely 8.5 million has 5 airports, Moscow with population of 10 million has 3 airports, then the National Capital Region (NCR) with a population of 37 million can have two airports. ”

Also :
“Moreover, the expected passenger traffic by the year 2015-16 would be 108.32 million (according to AAI projections). The figures itself explain the need of another airport for the NCR,” said an official.

Delhi International Airport Limited (DIAL), the joint venture of the Airport Authority of India (AAI) and the GMR group engaged in the modernisation and expansion of the Indira Gandhi International (IGI) Airport, has shown concern over the new project and feels it is not required.

DIAL would reach its projected capacity to handle 100 million passengers per year by 2026.

However, the UP government feels the gestation period of the DIAL project is much longer as the traffic congestion will start rising in the country by 2015-16 itself.

Thus if one can keep there YEIDA Plots for minimum two – three , land cost will rise upto minimum of Rs 20000 per meter i.e premium will be minimum 15000 i.e. 15000*300=4500000 ( i.e. 45 lacs )

No other investment company will give such big profits

Rest is all upto you………… Greater Noida Real Estate Agents

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Greater Noida Authority has announced housing flats scheme

Greater Noida Authority has announced housing flats scheme of about 3000 flats at ETA-2 and OMICRON sectors. Scheme to close on 15/02/10 and draw would be held in May 2010.

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Why is Investment in Greater Noida Worthy

Popularly known as planned township, Greater Noida is situated in proximity to the India’s Capital city, New Delhi. Greater Noida is the first industrial township in Asia, which comes within the NCR region and located outskirts to Noida. This township developed adjacent to Noida to cater to the entry of phenomenal population into this region.

Nowadays, the 23-km Express Highway between Noida and Greater Noida has become centre of attraction in the real estate industry. Not only developers, diverse IT and ITes companies, and reputed educational institutes have started setting up their units here.

A number of developments have taken place and some are under process, leaving Greater Noida tops the chart in real estate development. Now, the real estate  Greater Noida emerged with a fast pace due to its easy accessibility and availability of modern office spaces.

Residential and commercial properties in Greater Noida are thriving at a tremendous pace. Due to proximity to Noida and pollution free environment, the value of the real estate in the region has been increased manifold. The concerning authority does not allow polluting industries to set up their establishment here.

Some of the reputed organizations such as Wipro, Honda, Moser Baer, Escorts, Pepsi, Vectra and others have acquired spaces in the region. Due to presence of IT and ITes companies and eight lane expressway have led to a realty boom in Greater Noida.

It is expected that a wide range of quality constructions in the residential market of Greater Noida is coming up. For improving living standard of people, the concerning authority improved infrastructural facilities that include wide roads, appropriate underground cabling and brilliant drainage system. A number of shopping malls featuring world class brands and exceptional services also make Greater Noida a sought after destination for investors.

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Man held for property fraud, duped 12 people of Rs 1.7cr

GREATER NOIDA: Police in Greater Noida on Wednesday arrested one Yogesh Pandey for allegedly duping 12 persons of Rs 1.7 crore on the pretext of

land sale deals. “It has been alleged that the wife of accused and his brother-in-law were also involved. We will arrest them if we find them guilty after further investigation,” said S K Verma, SP (Rural Noida). A case of cheating has been registered against all the three at Kasna police station.

According to police, the accused, identified as Yogesh Pandey, was arrested on the basis of a complaint lodged by one Sube Singh, a resident of sector Gama 1 for allegedly cheating him of Rs 19 lakh in the name of plot sale.

Pandey, as per the complaint, failed to give plot or refunded the money. On questioning, he confessed to have duped several others, said a police official.

According to police sources, a lady inspector was also duped of Rs 5 lakh when she was posted at the Kasna police station. “The lady inspector spent a week in Lucknow trying to locate the fake address. She, however, did not lodge a police complaint and instead took a transfer to Ghaziabad,” added the cop.

“The accused had an interesting modus operandi. They would take the advance and supply fake documents. When the victim asked them to accompany them to the registration office they would use an alibi to opt out. With a fake Lucknow address on the papers, the victims never got traced. When people called on their mobile numbers, the accused threatened to murder them. Most of these people, therefore, did not even lodge a police complaint,” said a senior police officer.

According to Kasna police reports, those duped include, one Sushil from Larpura was duped of Rs 14 lakh, Rajkumar from sector Alpha 1 was duped of Rs 5 lakh, one Bobby and another Rs 12 lakh and Sunil of Rs 16 lakh.

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