UP Govt Cancels Noida Land Allotment to M3M
Real Estate

UP Govt Cancels Noida Land Allotment to M3M

The Uttar Pradesh government has cancelled the allotment of two land parcels in Noida to the M3M Group, citing undisclosed reasons. This decision marks a significant development in the ongoing scrutiny of land allotments and real estate transactions in the region.

The cancellation of land allotment underscores the government's commitment to transparency and accountability in land allocation processes. The move reflects a broader effort to address concerns related to alleged irregularities and ensure fair and equitable treatment for all stakeholders involved in real estate transactions.

The cancellation of land allotment to M3M Group highlights the complexities and challenges associated with real estate development and land acquisition in Noida. It also raises questions about the regulatory framework governing land allotments and the need for greater oversight and scrutiny to prevent potential misuse of land resources.

The decision to revoke the land allotment is likely to have implications for M3M Group's development plans in Noida and may impact its future projects in the region. It underscores the importance of adhering to regulatory requirements and maintaining transparency in all dealings related to land acquisition and development.

Overall, the cancellation of land allotment to M3M Group reflects the Uttar Pradesh government's commitment to upholding integrity and accountability in land management processes. It sends a clear message that the government is committed to ensuring fair and transparent practices in real estate transactions and will take necessary actions to address any concerns or irregularities that may arise.

The Uttar Pradesh government has cancelled the allotment of two land parcels in Noida to the M3M Group, citing undisclosed reasons. This decision marks a significant development in the ongoing scrutiny of land allotments and real estate transactions in the region. The cancellation of land allotment underscores the government's commitment to transparency and accountability in land allocation processes. The move reflects a broader effort to address concerns related to alleged irregularities and ensure fair and equitable treatment for all stakeholders involved in real estate transactions. The cancellation of land allotment to M3M Group highlights the complexities and challenges associated with real estate development and land acquisition in Noida. It also raises questions about the regulatory framework governing land allotments and the need for greater oversight and scrutiny to prevent potential misuse of land resources. The decision to revoke the land allotment is likely to have implications for M3M Group's development plans in Noida and may impact its future projects in the region. It underscores the importance of adhering to regulatory requirements and maintaining transparency in all dealings related to land acquisition and development. Overall, the cancellation of land allotment to M3M Group reflects the Uttar Pradesh government's commitment to upholding integrity and accountability in land management processes. It sends a clear message that the government is committed to ensuring fair and transparent practices in real estate transactions and will take necessary actions to address any concerns or irregularities that may arise.

Next Story
Real Estate

Vikas Jain named President of NAREDCO Maharashtra NextGen

Vikas Jain, CEO of Labdhi Lifestyle, has been appointed President of NAREDCO Maharashtra NextGen, succeeding Ridham Gada, who now serves as Vice-Chairman. Jain, a first-generation developer and turnaround specialist, aims to steer the youth wing of NAREDCO Maharashtra through a finance-driven and tech-enabled growth phase. Under his leadership, the association will prioritise project financing, RERA compliance, technology adoption, and future-ready leadership. “It is an honour to lead NAREDCO Maharashtra NextGen. This platform empowers the next generation of real estate leaders,” Jain sai..

Next Story
Infrastructure Energy

TP Solar Crosses 4 GW Solar Output at Tamil Nadu Plant

TP Solar Limited, a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) and the manufacturing division of Tata Power, has announced a major production milestone—crossing 4 GW of solar module output at its advanced facility in Tamil Nadu.As of 31 May 2025, the plant has cumulatively manufactured 4.049 GW of solar modules and 1.441 GW of solar cells. This milestone underscores the company’s growing role in supporting India’s clean energy transition and self-reliance in renewable energy manufacturing.Looking ahead, TP Solar is targeting 3.7 GW of solar cell output and 3.7..

Next Story
Infrastructure Urban

Aayush Art and Bullion Reports 1000 per cent Rise in FY25 Revenue

Aayush Art and Bullion Ltd (BSE: 540718), formerly AKM Creations Ltd, has announced its audited standalone financial results for H2 and the full financial year ending 31 March 2025, showcasing a sharp surge in both revenue and profitability. The company attributes this stellar performance to robust demand across its key verticals and strategic execution initiatives.For FY25, the company reported revenue of Rs 737.7 million, marking a 1,000 per cent year-on-year increase compared to Rs 73.3 million in FY24. Net profit for FY25 stood at Rs 18.1 million, a jump of 696 per cent over the Rs 2.6 mil..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?