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    NOIDA GREATER NOIDA METRO PROJECT

    Cabinet clears Rs 77,101-crore package; approves Noida metro extension, museum, fertiliser subsidy and credit funds

    On Wednesday, the Union Cabinet approved significant proposals for infrastructure and business support across India. The government will allocate ₹3,230 crores for the Yuge Yugeen Bharat Museum in New Delhi. A metro rail project linking Noida and Greater Noida will receive ₹2,390 crores for development. Additionally, ₹62,370 crores will be set aside for NBS rates on fertilizers for the Rabi 2026-27 season.

    47 out of 50 most polluted cities of the world in India, Delhi gets a high rank

    According to live air quality rankings, India has 47 of the world's 50 most polluted cities. Sri Ganganagar in Rajasthan is the most polluted city globally, recording an alarming AQI of 671. Following closely are several cities from Haryana and Uttar Pradesh, with AQIs exceeding 300. Delhi ranks 13th in the world, highlighting the widespread air quality crisis in northern India.

    Max Estates projects Noida land acquisition to take gross development value to Rs 50,000 crore

    Max Estates has already sold Rs 15,562 crore worth of residential units from Rs 18,760 crore of projects launched, while inventory worth Rs 29,058 crore is in the pipeline, as per an investor presentation.

    L&T to build 10 stations for Noida Metro Aqua Line under Rs 1,000 to 2,500 crore order

    Larsen & Toubro has announced the receipt of a significant design and construction order from Noida Metro. This order involves the extension of the Aqua Line with a 15.1 km elevated viaduct construction project. It will include ten elevated metro stations that require architectural finishes for completion. The project is required to be completed within a strict timeline of 36 months.

    Delhi sees luxury housing boom as developers bet on high-rise gated communities

    The luxury real estate sector in Delhi is witnessing a notable uptick as homebuyers show heightened interest in upscale flats and secure communities. Recently, the NBCC achieved remarkable sales of luxury units in Chanakyapuri, surpassing their initial price expectations. Meanwhile, major developers such as DLF and TARC are set to unveil innovative residential projects, maximizing redevelopment opportunities in key urban areas.

    Prestige Group buys 100% stake in Allure Developers for Rs 524 crore to develop housing project in Noida

    Prestige Estates Projects Ltd has purchased a complete stake in Allure Developers for Rs 524 crore. The acquisition was finalized on November 6, 2026, in a share purchase agreement. Allure Developers is currently involved in developing a residential project located in Noida Sector 150. The company has made similar acquisitions, including Gloind Vintage Infra for Rs 519 crore.

    The Economic Times
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