Efforts Underway to Restart Noida Sports City Construction After Two-Year Pause

    Date:

    Share post:

    The Noida Sports City project hit a roadblock two years ago due to concerns raised about its layout. But now, there’s a push from the UP Assembly’s Public Accounts Committee to get things back on track.

    Imagine this: 10,000 homebuyers have invested in this project, eagerly waiting for progress. The committee wants the Noida Authority to give the green light to a revised plan submitted by Lotus Greens, the project’s developer in Sector 150. This approval is a big deal because it means construction can start again!

    The main issue before was about having enough land for sports facilities. But guess what? Lotus Greens has worked on a new plan that promises to fix this problem. They’ve assured that 70% of the land will be dedicated to sports facilities. That’s a big step forward!

    Right now, the Noida Authority is carefully checking out this new plan. Once they’re okay with it, the plan goes to their board for a chat. And if the board gives a thumbs-up, it’s off to the state government for the final nod.

    This Sports City project, spread across 330 acres, had a bit of a twist. Different companies were involved in building housing projects there. But despite that, the whole project got stuck because of those concerns raised earlier.

    But hey, the assembly committee is feeling pretty good about this. They’re optimistic that everything will be sorted out and that Sports City will meet all the fancy international standards for sports facilities.

    Oh, and by the way, there are plans for similar projects in four other spots in Noida, but they’re facing some tricky legal and land issues. The Sector 150 Sports City seems to be ahead in the game compared to those.

    Also read: Delhi’s Signature View Apartments Facing Demolition

    (Source: Et Realty)

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Related Posts

    Latest posts

    India’s Data Center Market on Track for Major Growth

    India's data center market recorded an absorption of 407 megawatts (MW) of IT capacity in 2024 and is...

    Flexible Workspaces Register Record Gross Leasing Volume in 2024

    NEW DELHI — Flexible workspace operators in India recorded a gross leasing volume (GLV) of 12.4 million square...

    Noida Airport Signs Agreement with Kyndryl for Tech Infra

    Noida — The Noida International Airport (NIA) announced Monday that it has signed an agreement with Kyndryl, a...

    Nexus Select Trust Acquires Vega City Mall in Bengaluru

    Blackstone-backed Nexus Select Trust, India’s first retail real estate investment trust (REIT), has acquired Vega City Mall in...