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Dear ck.kislay,
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These following posts were made to the thread:
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/noida-real-estate/47500-noida-city-real-estate-updates
Posted by: sunita3329
On: March 23 2018 02:11 PM
[b]Noida Authority Braces To Acquire 54 Hectare Land For 8-Year-Old Farmhouse Scheme [/b] In 2008-09, the Noida Authority launched a scheme to grant large parcels of land to individuals to develop farmhouses—150 plots, to be specific. It went ahead and acquired prime land spread across 12 villages. However, several of the high-profile applicants, who were allotted land at that time, have not been able to get possession of their plots even after eight years as low compensation rates led to farmers of two villages ─ Chhaproili and Mangroli ─ knocking at the doors of the Allahabad High Court (HC). This has also resulted in the state exchequer taking a hit of up to Rs 1,000 crore, official estimates show. According to media reports, the Noida Authority has now started the process to acquire 54 hectare of land spread across the two villages to allot 40 plots to the waiting applicants. On March 21, Noida Authority chief executive officer along with senior officials of the district administration met the protesting farmers ─ they have been agitation since March 1 after it became public that the Noida Authority was going to revive its attempts to acquire land ─ to resolve the issue. "We have suggested them to approach the district magistrate for enhancement of land rates, instead of waiting for the cases to progress in the Allahabad High Court," Noida Authority Officer on Special Duty RK Singh was quoted in a [i]Hindustan Times[/i] article as saying. While the HC had resolved some of the cases, several petitions are still pending with it. The Noida Authority is paying the farmers Rs 118 for per square metre (sqm) of land in these areas while it pays compensation in the range of over Rs 5,000 per sqm in other places, farmers claim. It is worth mentioning here that the two villages are located along the Noida-Greater Noida Expressway, and form a part of the city's prime real estate. The Noida Authority's argument made in the March 21 meeting, however, has not been moving enough. The ongoing sit-ins at the Mangroli-Chhatroli Road continued even after the meeting.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/noida-real-estate/47500-noida-city-real-estate-updates
Posted by: MANOJa
On: March 23 2018 03:19 PM
[h=1]Metro's speed record not enough for timely launch[/h] [URL="https://timesofindia.indiatimes.com/toireporter/author-Shikha-Salaria-479244695.cms"]Shikha Salaria[/URL]| TNN | Mar 23, 2018, 06:10 IST [IMG]https://timesofindia.indiatimes.com/thumb/msid-63421590,width-400,resizemode-4/63421590.jpg[/IMG]Representative image NOIDA: The pace at which the Aqua Line [URL="https://timesofindia.indiatimes.com/topic/metro"]metro[/URL] corridor was progressing had found mention in the Limca Book of Records. But the 29.7km Noida-Greater Noida link will definitely miss its scheduled launch date of April 2018. The launch now looks likely only in the latter half of the year. The corridor, which entered the record book for construction of the highest number of girders on a single line in a month, has been crippled by a number of issues, the prime among them being power supply. Officials said though 99% of the civil work had been completed, the project is yet to conduct oscillation trials — which would focus on curves around eight of the 21 stations. On Thursday, two new trains arrived from China's Nanjing to take part in the trials, taking the number of trains now available to only three. Officials in the Noida Metro Rail Corporation ([URL="https://timesofindia.indiatimes.com/topic/NMRC"]NMRC[/URL]) said the trials were expected to start on April 15 because [URL="https://timesofindia.indiatimes.com/topic/Uttar-Pradesh-Power-Transmission-Corporation-Ltd"]Uttar Pradesh Power Transmission Corporation Ltd[/URL](UPPTCL) had started supplying power to the corridor only five days ago. The trials are likely to be conducted for three months before the official launch. Asked about the delay, sources said UPPTCL was supposed to set up a substation in Noida's Sector 148 but that got delayed by over three months. The sources said UPPTCL had been facing a funds crunch as well. Initially, NMRC had considered getting power from RC Green, but it was later found that would not be sufficient. So, it wrote to the state power utility to supply electricity for dry runs. "There have been certain bottlenecks. We are on the right track but there was a delay in getting power. NMRC has now set up two receiving substations that will help transmit electricity to the metro stations," NMRC general manager (finance) PD Upadhyay said. Puneet Gupta, executive engineer in UPPTCL, agreed there had been a delay in setting up the receiving station as well as getting electrical safety clearance for the project. "We could not have supplied power until the project got an electrical safety clearance," he said. Officials said 11 trains, all manufactured by a Chinese company and imported, would run along the line when the corridor becomes operational. "We are looking to start an oscillation trial around April 15," Upadhayay said. The trial will cover eight stations — six in [URL="https://timesofindia.indiatimes.com/topic/Greater-Noida"]Greater Noida[/URL] and two in Noida. Even after the trial runs, there are a number of steps before passenger services start. After the trials are over, the Research Design and Standards Organisation (RDSO) under the railway ministry will check the tracks. An RDSO team had visited Greater Noida for an inspection last week and had made certain suggestions. Officials declined to commit to any commissioning date, putting the onus on the RDSO's go-ahead and a clearance from the commissioner of metro rail safety. The [URL="https://timesofindia.indiatimes.com/topic/Aqua-Line"]Aqua Line[/URL] has 21 metro stations and is supposed to be serviced by 19 trains — each with a capacity of 1,000 passengers. [url]https://timesofindia.indiatimes.com/city/noida/metros-speed-record-not-enough-for-timely-launch/articleshow/63421555.cms[/url]
With warm regards,
Team IREF
With warm regards,
Team IREF
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