Skyline Grand Prix Sector 17A Yamuna Expressway, Greater Noida

The Supreme Court granted conditional approval for the Formula 1 race in Greater Noida, directing organizers to deposit 25% of ticket sales in a separate account. The amount is subject to the outcome of a plea challenging tax exemptions for the race. The court clarified it was not examining the legality of the race itself, but the tax exemption granted by the Uttar Pradesh government.

The Supreme Court granted conditional approval for organizing the country's first Formula 1 race in Greater Noida on October 30.

The Buddh International Circuit in Greater Noida is set to host the first Formula One Indian Grand Prix. McLaren's Lewis Hamilton praised the track after setting the fastest lap time during a practice session.

The article discusses the development of the Buddh International Circuit at Jaypee Greens Sports City, noting it is a project of Jaypee Sports International. The circuit is located off the Yamuna Expressway, another Jaypee undertaking.

India's Supreme Court agreed to hear a petition seeking the cancellation of the Indian Grand Prix because organizers allegedly have not paid entertainment taxes for the 2012 event. The court had previously ordered organizers to freeze 25% of ticket revenues until settling a tax dispute.

The Supreme Court directed the Uttar Pradesh government's tax authority to investigate whether Jaypee Sports International Ltd, organizer of Formula One at the Buddh International Circuit in Greater Noida, collected entertainment duty from spectators in 2011 and 2012. The Indian Grand Prix was held at Buddh International Circuit during 2011 and 2013, but was discontinued due to a tax dispute.

A delegation from Japan Race Promotion Corporation (JRP) visited the Buddh International Circuit (BIC) to assess its potential to host the Japanese Super Formula Championship. Officials from Yamuna Expressway Industrial Development Authority (YEIDA) said that plans will be made to host the event if the delegation finds the infrastructure suitable. The Formula 1 Indian Grand Prix was held at the circuit from 2011 to 2013 but was discontinued due to taxation disputes.

A video discusses NBCC's upcoming mega auctions in Noida and Noida Extension, including projects like Aspire Leisure Valley and Centurion Park.

A video reviews a Gaur and NBCC project in Techzone 4, Greater Noida West, noting that construction is underway and supervised by NBCC. The project is expected to be completed by December 2028.

The Supreme Court upheld the initiation of corporate insolvency resolution proceedings against real estate firms Bhasin Infotech and Infrastructure Private Limited and Grand Venezia Commercial Towers Private Limited. The bench held that the developers failed to deliver functional units and had misled the court regarding the completion status of the project. The case originated from a 2021 petition filed by 141 allottees of the Grand Venezia Commercial Tower project in Greater Noida.