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Greater Noida realty rates down by 30 per cent after scrapping of Jewar airport project

On May 13, 2012 · Leave a Comment

Soaring high on the hope that an international airport would come up at Jewar, the real estate boom in Greater Noida and around Yamuna Expressway has gone bust, pricked by the Uttar Pradesh government’s decision to scrap the airport.

Developers have invested between Rs.4,000 crore and Rs.5,000 crore in the region. If the airport [...]

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Amendments in GAAR by Finance Minister: Key takeaways

On May 10, 2012 · 1 Comment

The Finance Minister has announced withdrawal of TDS on immovable property as proposed in Budget, a move that would bring respite to the investors and industry alike.

GAAR is aimed at curbing tax avoidance by structuring a business or effecting a transaction with the objective of avoiding the tax liability instead of rational commercial considerations, [...]

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little-house-in-paper-and-a-background-of-money- freehold-vs-lease-bop group blog post

Properties at Noida, Greater Noida, and Yamuna Expressway to become free-hold

On May 5, 2012 · Leave a Comment

The new ownership policy recently announced by the UP govt. could mean free hold of properties at Noida, Greater Noida, and even Yamuna Expressway.

Currently, land is allotted on lease for 90 years in Noida-Greater Noida. The authorities have formulated different slabs for the annual lease and charge 10% for residential property and 27.5% [...]

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Power of attorney property deals banned in Delhi wef Oct 2011

On May 4, 2012 · Leave a Comment

The Delhi government’s revenue department has declared all property sales through transfer of general power of attorney null and void with restrospective effect from October, 2011, through thousands of property transactions in Delhi under a cloud, The Times of India reported today. The order, dated April 27, directs all 13 sub-registrar offices, DDA [...]

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What is a general power of attorney in property transactions?

On May 4, 2012 · Leave a Comment

What is a general power of attorney?  Why is it essential to have GPA registerd ? What effect the ban will have on property prices? and other commonly asked questions…

A power of attorney is an instrument that is used by people to confer authority on somebody else to legally act on their behalf. They [...]

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home-price-bop group blog

PRICE OF FREEHOLD PROPERTIES MAY RISE THE ORDER

On May 4, 2012 · 2 Comments

No sale deed will be registered if it is through transfer on general power of attorney All transactions carried out since last October on GPA transfer now null and void. Both sellers and buyers will have to initiate registration process afresh with complete documents

THE EFFECT

Properties that can’t legally be sold will become [...]

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The New destination for Luxury – Destination Noida

On May 1, 2012 · Leave a Comment

Be it the circular shaped apartments by supertech group or the Y shaped garden isles by jaypee group, real estate developers in Noida are raising the bar with every new project they come up with, resulting in an equal rise in the demand of [...]

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‘Noida, Greater Noida priority for government.’

On April 29, 2012 · Leave a Comment

On a visit to Greater Noida on Saturday, the UP urban development minister, Azam Khan, said the twin cities of Noida and Greater are given top priority by the government.

The minister, who was presiding over the prize distribution ceremony of NIT engineering college, said emphasis would be laid on preserving natural resources of the [...]

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Greater Noida to get bus services at doorstep : says UPSRTC

On April 26, 2012 · Leave a Comment

To make travel within the city easier, the Uttar Pradesh State Road Transport Corporation (UPSRTC) has now extended its services to cater to residential sectors in Greater Noida. Twenty buses that picked up passengers only from Pari Chowk to go to Noida or Delhi, will now circulate within residential and internal sectors across the [...]

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Noida city map bop group facts

Know your City : Facts on Noida

On April 25, 2012 · Leave a Comment

Most people have heard and also own a part of this upcoming and beautiful place, but did you know these facts about your much loved Noida?

Noida was setup as part of an urbanization existence thrust during the controversial emergency period (1975-1977) under the UP Industrial Development Act, 1976. Noida stands at 17th [...]

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