Noida Builders Face Screening for Second Waiver

31 Jul 2024 CW Team

Builders in Noida who have previously signed up for the reschedulement policy will now undergo a screening process to determine their eligibility for a second waiver. This move is part of the Noida Authority's efforts to provide additional relief to developers facing financial challenges and project delays.

The reschedulement policy was initially introduced to assist builders by restructuring their payment schedules and offering financial flexibility. However, the evolving market conditions and ongoing challenges have prompted the Noida Authority to consider extending further support through a second waiver.

The screening process will assess the financial status, project progress, and compliance of builders who are seeking the additional waiver. Criteria for eligibility include the timely execution of previous commitments, adherence to regulatory guidelines, and the overall impact of the waiver on project completion and delivery.

This decision reflects the Noida Authority's commitment to addressing the issues faced by the real estate sector and supporting developers in meeting their project obligations. The second waiver aims to alleviate financial pressures on builders and expedite the completion of residential and commercial projects in the region.

Builders and stakeholders are advised to review the updated guidelines and prepare for the screening process to maximize their chances of qualifying for the additional waiver. The Noida Authority's initiative is expected to contribute to the stabilization of the real estate market and enhance project delivery timelines.

Overall, the screening for a second waiver represents a significant step in providing further assistance to builders and ensuring the continued development of Noida's real estate sector.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..