Farmers of Greater Noida villages have decided to go on indefinite dharna in demand of proper compensation for their lands. They have asked the Noida Development authority and Taj Expressway authority to pay the compensation for their lands. Families from around 20 villages have sat on dharna in front of the Authorities’ office.

The land rates in Noida are again going to touch another height. The land authorities of Noida, Greater Noida and Taj Express way has revealed the information about the 35 percent hike in the present land rates in the area. Institutional and commercial properties will see a moderate rise; whereas, the residential properties will be raised significantly. The residential area is divided into five categories. The present rates ranges from Rs. 12000 per square meter to Rs.33000 per square meter. The new proposed rates for the residential property start from Rs.16, 200 per square meter to Rs.44, 500 per square meter.

Uppal Group, a real estate company is investing Rs. 800 croers in UP. They have received a formal approval for two IT SEZs (Special Economic Zones) in Noida and another in Greater Noida; the notification is under process. Both the IT SEZs will be constructed on 26 acre of land. The construction work will start probably in next five months. The funds for the projects will be managed through the internal accumulation, debts and private equity, Uppal CEO Mr. Gian Bansal has confirmed the information.

Giving a chill pill in the summers for Noida residents the postal department has decided to start an electronic-payment service for the convenience of the consumers. Initially four post offices, the main post office in Sector-19, post offices in Sector 16, Sector 34 and in the Special Economic Zone will start the service.

Express highway is around a 30 minute drive to greater noida, a 8 lane drive where you will see cars zooming at 100 Km/Hrs. The express highway is the beginning of the Taj Express highway which is a national highway and will see a lot development in times to come.