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Other Developments
A curated list of other prominent stories from this day.
11:52 PMEconomic Times Realty
Noida authority orders structural audit of Great Value Sharnam
Summary
The Noida Authority has ordered a structural audit of the Great Value Sharnam project after residents reported peeling plaster and exposed reinforcement bars in multiple towers and the basement. An inspection also found water leakage and seepage affecting columns and beams, requiring the developer to investigate and repair structural defects.
The authority's order shifts the matter from resident complaints to a formal safety review. Residents
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Why it matters
A formal structural audit can establish whether visible deterioration reflects maintenance problems or a broader safety risk.
Suraksha Group to invest ₹3,000 crore to complete pending Jaypee towers by September 2028
Summary
Suraksha Group has invested about ₹1,500-2,000 crore since acquiring Jaypee Infratech and plans to spend another ₹3,000 crore to complete the remaining residential towers by September 2028. It also plans three integrated townships across roughly 465 acres.
The additional ₹3,000 crore commitment sets a clearer construction and delivery timetable for Jaypee homebuyers,
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Why it matters
The plan offers Jaypee homebuyers a defined path toward possession, while making execution discipline the key test of Suraksha's takeover.