Limited Participation in Noida's Builder Rehabilitation Package

03 Apr 2024 CW Team

A mere 14 builders in Noida have enrolled for the state government's rehabilitation package, signalling limited participation from the real estate sector. This subdued response reflects challenges and apprehensions within the industry despite efforts to revitalise the sector through government initiatives.

Noida's builder rehabilitation package was introduced to provide relief and support to developers grappling with project delays and financial constraints. However, the low number of enrollments suggests lingering concerns among builders regarding the effectiveness and feasibility of the scheme.

The tepid response underscores the complexities involved in addressing the issues plaguing the real estate sector, including stalled projects and consumer grievances. Despite government interventions, such as the rehabilitation package, builders remain cautious amid uncertainties surrounding project completion and regulatory compliance.

The limited participation in Noida's rehabilitation package highlights the need for comprehensive reforms and collaborative efforts from stakeholders to revitalise the real estate market. Addressing systemic challenges and restoring investor confidence are crucial steps towards unlocking the sector's growth potential and addressing the concerns of homebuyers and developers alike.

As stakeholders assess the impact of Noida's builder rehabilitation package, continued dialogue and proactive measures are essential to overcome obstacles and foster sustainable growth in the real estate sector. Achieving alignment between industry stakeholders and government initiatives is paramount to driving positive outcomes and restoring vibrancy to Noida's real estate landscape.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..