HomeLatestRWAs in Noida Demand Freehold Property Rights, FAR Protection, and New Authority...

RWAs in Noida Demand Freehold Property Rights, FAR Protection, and New Authority for New Noida

Resident Welfare Associations (RWAs) in Noida, represented by the Confederation of NCR Resident Welfare Associations (CONRWA), have put forward key demands during a meeting with Noida MLA Pankaj Singh. The primary requests include converting Noida residential land properties from leasehold to freehold, ensuring that the Floor Area Ratio (FAR) remains unchanged after freehold conversion, and establishing a separate authority for the upcoming New Noida area.

Currently, Noida residents own properties on a 99-year lease under the UP Industrial Act 1976. The issue of converting these leasehold properties to freehold has been a long-standing demand, and in 2018, the Noida Authority had given in-principle approval for such a conversion. A committee was set up under the chairmanship of the then CEO, Alok Tandon, to explore the feasibility and benefits of this conversion, with recommendations forwarded to the state government.

PS Jain, president of CONRWA, emphasized that the committee’s recommendations included creating a short-term corpus fund for converting residential properties. This fund would generate recurring income through interest, offsetting potential losses to the Noida Authority. Jain further stressed that once the freehold scheme is implemented, the FAR should not be increased. An increase in FAR, according to the residents, would lead to overcrowding, increased pressure on infrastructure, and risks to building safety, with the potential for additional flats adding weight to the structures and reducing open spaces. BB Valecha, a CONRWA member, highlighted concerns about the strain that additional flats would place on the city’s infrastructure, including parking, green spaces, and utilities. Increased FAR would also negatively affect the environmental quality of the city, compromising sunlight, water, and air.

The issue of New Noida development was also raised. The RWAs suggested that given the rapid growth and population in the area, which covers approximately 200 square kilometers with 163 sectors, there should be a dedicated authority for New Noida. The current staff shortage in the Noida Authority has led to challenges in managing the existing urban infrastructure, and the formation of a new authority for New Noida would ensure better governance and management of the expanding region. Members of the delegation proposed that a new CEO, ACEO, and an OSD be appointed for New Noida to ensure focused attention on its development. In response to these demands, MLA Pankaj Singh assured the RWAs that he would bring up their concerns with the relevant authorities and the state government to find practical solutions. The meeting highlighted the growing need for a more sustainable and well-managed approach to urban planning in Noida and its upcoming developments.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Mumbai HC Orders Faster Transit Rent Resolution

Mumbai HC Orders Faster Transit Rent Resolution

0
Judicial scrutiny over Mumbai’s stalled redevelopment projects has intensified after the Bombay High Court directed the state housing authority to fast-track complaints linked to...
India Furniture Market Expands With Sustainability Focus

India Furniture Market Expands With Sustainability Focus

0
India’s furniture market is projected to reach USD 43 billion by 2030, reflecting a shift in consumer expectations and urban lifestyles that is reshaping...
Pushpesh Singh Elevated To Region Head At Arvind SmartSpaces

Pushpesh Singh Elevated To Region Head At Arvind SmartSpaces

0
Arvind SmartSpaces has appointed Pushpesh Singh as Region Head – Contracts, signalling a strategic focus on strengthening governance and operational oversight across its regional...
Kamal Rekhi Joins Bhumika Realty As Chief Business Officer

Kamal Rekhi Joins Bhumika Realty As Chief Business Officer

0
Bhumika Realty has appointed Kamal Rekhi as its Chief Business Officer – International, marking a strategic milestone in the company’s efforts to broaden its...
Birla Opus Paints Launches Pongal Festive Campaign

Birla Opus Paints Launches Pongal Festive Campaign

0
Birla Opus Paints has launched a new festive marketing campaign to coincide with Pongal, highlighting the brand’s efforts to connect with urban and regional...