SC order could delay registry of 150,000 homes in Noida and Greater Noida, says CREDAI, Legal News, ET LegalWorld – Legal Firms

[ad_1] Real estate developers have urged the Noida and Greater Noida authority to take care of homebuyers’ interests in the wake of the recent Supreme Court ruling. The SC order had removed the cap of 8% in case of delay in depositing land price by builders to the authorities and...

SC stays NGT orders imposing fines on NOIDA, DJB over untreated waste, Legal News, ET LegalWorld – Legal Firms

[ad_1] The Supreme Court on Monday stayed the order of the National Green Tribunal imposing a fine of Rs 100 crore on NOIDA for failing to prevent untreated sewage from flowing into the Yamuna river. The top court also stayed the NGT order asking the Delhi Jal Board (DJB) to...

NGT directs sealing of illegal commercial borewells in Noida, Legal News, ET LegalWorld – Legal Firms

[ad_1] New Delhi, The National Green Tribunal has directed the authorities to seal all illegal commercial borewells in Noida. The tribunal has also directed the builders or project proponents to pay interim compensation -- at least 0.5% of their project cost. The green panel was hearing a petition regarding the...

Erred in granting relief to builders in NCR, says SC, Legal News, ET LegalWorld – Legal Firms

[ad_1] New Delhi: The Supreme Court has admitted that it “erred” in granting relief to builders of Noida and Greater Noida by capping the rate of interest to be charged by authorities from the builders while passing orders relating to Amrapali projects.The apex court had recalled its order on November...

SC to rule on Amrapali’s FAR, interest to be charged from builder by authority, Legal News, ET LegalWorld – Legal Firms

[ad_1] NEW DELHI: On the last working day of Chief Justice U U Lalit on Monday, two benches headed by him will deliver two important verdicts which would have a huge impact on the real estate sector in Noida and Greater Noida. The court would deliver a verdict on the...

UP Cabinet approves amendments in Data Centre 2021 policy, Legal News, ET LegalWorld – Legal Firms

[ad_1] Uttar Pradesh Cabinet on Thursday approved amendments in the Data Centre 2021 policy to facilitate the opening of more data centres in the state, an official release said. The state is set to emerge as the hub of data centres in India with the opening of the first data...