Properties

Land for hotel

Property Overview

A long-standing stamp duty dispute surrounding luxury hotel projects in Noida, Greater Noida, and Yamuna Expressway is nearing resolution, paving the way for increased corporate and hospitality development across the regions.

5 Star hotel land Details

Numerous five-star hotels had previously received approval from the Uttar Pradesh government but were unable to break ground due to ambiguities around applicable stamp duty rates. As Rama Raman, Chairman and CEO of the Noida, Greater Noida, and Yamuna Expressway authorities, explains, “The approved hotels were caught in a technical issue regarding stamp duty, but this matter is expected to be resolved very soon.”

The crux of the dispute involves the land rates used to calculate stamp duty for the projects. The authorities had provided land to the hotels at commercial rates of Rs 70,000 per square meter. However, the hotels wanted the Rs 7,000 stamp duty to be incorporated into the base commercial rate. This impasse resulted in the expiration of the hotel’s lease dates.

Nonetheless, Raman indicates the conflict is nearing a conclusion, which will put the delayed luxury hotel plans back on track. With this roadblock removed, Noida, Greater Noida, and Yamuna Expressway are primed to see an influx of major hospitality and corporate activity in the near future. The timely settlement will catalyze development and attract business investment to the region.

Gallery

Frequently Asked Questions

The new scheme for 5 Star hotel land in YEIDA provides an opportunity for investors and developers to acquire prime land for the construction of luxury hotels.
Information about the new scheme for 5 Star hotel land in YEIDA can be found on the official website of the ERM Global Investors or call 97111-99915.
Yes, individual investors or companies can purchase 5 Star hotel land in Yeida through an auction process conducted by the YEIDA, subject to eligibility criteria and guidelines.
Interested parties can apply for the 5 Star hotel land scheme in YEIDA by following the application process outlined by the YEIDA authorities. or call 97111-99915.
Yes, there may be specific eligibility criteria set by the authorities for participating in the 5 Star hotel land, land scheme in YEIDA. Interested parties should refer to the official guidelines for details.

Contact Us

Ready to Work Together? Build a project with us!






    What Our Clients Say

    Testimonials

    Rohit Jha

    The Company and their staff are polite and they possess good knowledge of the market. Had a good experience investing through them. Rohan Sharma is person recommended to meet. One man all solutions

    Sid Satyarthi

    Friendly & transparent deals, Treated like family members. A good advisor, specifically Mr. Vinay Chauhan deals gently and supports clear communication. Mr. Siddharth Ji has good knowledge and communicates timely and corrective advice.

    Vasu Luthra

    These guys are Very professional in their dealings. We had a very nice experience working with them.

    Vinay Chauhan

    I am very happy working with ERM GLOBAL INVESTORS,their sales team is very cooperative and all deals are done with transparency.

    Akannsha Gaurr

    I really appreciate their work ethics and the way ERM gives service to the client is commendable. Thank you ERM for your service.

    Varun Pachauri

    Excellent explained about products that they have .. I think we can get a gud deal from ERM.

    Shikha Barman Goswami

    Focused company for all jewar Airport properties... Good experienced for vrindawan Raya heritage City.. Information

    Mona Chauhan

    You can invest your money here and take great returns from the company the team is very expert

    Gourav

    I visit yeida industrial sectors 29 32 33 ... With ERM Team ... Well experienced and knowledgeable Team ...

    Contact Us