Noida Authority Delays Handover of Land for Sports City: ATS Homes Informs HC

26 Mar 2024 CW Team

ATS Homes has informed the High Court that the Noida Authority has yet to provide possession of 25 acres of land earmarked for the development of Sports City. This delay has stalled progress on the project, raising concerns among homebuyers and stakeholders.

The land in question was allotted to ATS Homes for the construction of Sports City, a project aimed at promoting sports infrastructure and facilities in Noida. However, the delay in land possession has hindered the company's ability to commence construction and deliver the promised amenities to homebuyers.

ATS Homes has petitioned the High Court seeking intervention to expedite the process of land handover by the Noida Authority. The company contends that timely possession of the land is essential to fulfill its commitments to homebuyers and ensure the successful execution of the Sports City project.

The delay in land possession has left homebuyers in limbo, with uncertainty looming over the completion and delivery of the Sports City project. ATS Homes emphasizes the importance of resolving the issue promptly to avoid further delays and reassure buyers about the project's progress.

As the matter is brought before the High Court, stakeholders in the real estate sector await a resolution that will expedite the handover of land and facilitate the timely completion of the Sports City project. The case underscores the challenges faced by developers in navigating regulatory hurdles and highlights the need for efficient coordination between authorities and developers to ensure smooth project execution.

Infrastructure Urban

28 Aug 2025

CCI Clears PSA India’s Full Buyout of PSA Bharat

The Competition Commission of India (CCI) has approved the proposed acquisition of an additional 40 per cent stake in PSA Bharat Investments Pte. Ltd. by PSA India Pte. Ltd., a Singapore-based investment holding company. The acquisition, from AIN Investment Ltd., will result in PSA India becoming the 100 per cent owner of PSA Bharat.The transaction consolidates PSA India’s control over PSA Bharat, which is also headquartered in Singapore and holds investments in Indian subsidiaries engaged in container terminal services.The acquirer, PSA India, is a subsidiary of PSA International Pte. Ltd.,..

India Eyes Rs 83 Trillion Maritime Investment Push

The Ministry of Ports, Shipping and Waterways (MoPSW) convened the Ambassadors’ Roundtable Meet in New Delhi today, bringing together diplomats from 28 nations, senior officials, industry leaders, and multilateral representatives to explore collaboration opportunities ahead of India Maritime Week (IMW) 2025, scheduled to be held from 27th to 31st October in Mumbai.The event was chaired by Union Minister Shri Sarbananda Sonowal, who outlined India’s ambition to become a global maritime hub through a Rs 83 trillion (USD 1 trillion) investment roadmap. He invited global partners to explore jo..

Eastern Aviation Meet Backs Regional Growth & Skill Push

The Eastern Region Ministers’ Conference on Civil Aviation 2025 was held on 25th August in Bhubaneswar, jointly organised by the Ministry of Civil Aviation and the Government of Odisha. The event marked a pivotal moment for regional aviation development, skill creation, and Centre–State–Industry collaboration.The conference was graced by Shri Mohan Charan Majhi, Chief Minister of Odisha; Shri Rammohan Naidu Kinjarapu, Union Civil Aviation Minister; Shri Murlidhar Mohol, Minister of State for Civil Aviation; along with senior ministers from Odisha and Chhattisgarh.Strategic AnnouncementsS..