+
Ghaziabad body confirms Indirapuram handover with Rs 1.85 billion pact
Real Estate

Ghaziabad body confirms Indirapuram handover with Rs 1.85 billion pact

Ghaziabad's long-pending handover of Indirapuram from the Ghaziabad Development Authority (GDA) to the Ghaziabad Municipal Corporation (GMC) has taken a major step forward. In a meeting held in Meerut, the GDA board, led by divisional commissioner Selva Kumari J, finalised the Rs 1.85 billion cost for the handover, following a joint survey of civic amenities conducted in June by both the GDA and the GMC.

Under the agreement, GDA will allocate Rs 1.85 billion to GMC, with Rs 500 million earmarked for road repairs and infrastructure improvements across 80 km, Rs 250 million for sewage management, and Rs 200 million for water infrastructure upgrades, according to municipal commissioner Vikramaditya Singh Malik. Additionally, Rs 150 million will be invested in solid waste management, Rs 137 million for streetlight maintenance, and Rs 110 million for park upkeep.

Two land parcels will also be handed over by GDA to GMC within six months, including a 4,000 sqm plot for a waste transfer station and a 4,500 sqm plot for a material recovery center.

The GDA will stagger its payments over the next 10 months, with Rs 700 million being transferred upfront to initiate the handover process. The second instalment of Rs 400 million will be disbursed by December 31, followed by another Rs 400 million by March 1, 2025, with the remaining Rs 350 million paid by July next year.

The handover process, stalled since 2016 due to disputes over payment amounts, is now nearing completion. GMC originally demanded Rs 3.65 billion, citing extensive repairs required in Indirapuram, while the GDA argued that GMC already collects house taxes and should fund the repairs through those means.

Councillor Sanjay Singh of ward number 100 expressed relief over the agreement, noting that the 462,000 residents of Indirapuram will finally see comprehensive development under GMC's administration.

(ET)

Ghaziabad's long-pending handover of Indirapuram from the Ghaziabad Development Authority (GDA) to the Ghaziabad Municipal Corporation (GMC) has taken a major step forward. In a meeting held in Meerut, the GDA board, led by divisional commissioner Selva Kumari J, finalised the Rs 1.85 billion cost for the handover, following a joint survey of civic amenities conducted in June by both the GDA and the GMC. Under the agreement, GDA will allocate Rs 1.85 billion to GMC, with Rs 500 million earmarked for road repairs and infrastructure improvements across 80 km, Rs 250 million for sewage management, and Rs 200 million for water infrastructure upgrades, according to municipal commissioner Vikramaditya Singh Malik. Additionally, Rs 150 million will be invested in solid waste management, Rs 137 million for streetlight maintenance, and Rs 110 million for park upkeep. Two land parcels will also be handed over by GDA to GMC within six months, including a 4,000 sqm plot for a waste transfer station and a 4,500 sqm plot for a material recovery center. The GDA will stagger its payments over the next 10 months, with Rs 700 million being transferred upfront to initiate the handover process. The second instalment of Rs 400 million will be disbursed by December 31, followed by another Rs 400 million by March 1, 2025, with the remaining Rs 350 million paid by July next year. The handover process, stalled since 2016 due to disputes over payment amounts, is now nearing completion. GMC originally demanded Rs 3.65 billion, citing extensive repairs required in Indirapuram, while the GDA argued that GMC already collects house taxes and should fund the repairs through those means. Councillor Sanjay Singh of ward number 100 expressed relief over the agreement, noting that the 462,000 residents of Indirapuram will finally see comprehensive development under GMC's administration. (ET)

Next Story
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement