GNIDA prohibits plot subdivision and mandates development fee payment. Smart village project gets approval. Industries can purchase FAR on remaining plots.
Noida Authority reduces property transfer charges, offering relief to residents. Other decisions include completion certificate extensions and infrastructure projects.
Noida Extension's approval brings mixed reactions. Buyers face booking uncertainties, builders grapple with rising costs, farmers claim underpayment, and environmentalists raise concerns about water depletion.
GNIDA expects resolution of the Patwari land acquisition crisis, bringing relief to 20,000 homebuyers. The Supreme Court dismissed a petition challenging the government's settlement with farmers, allowing more time for negotiations.
The Greater Noida Industrial Development Authority (GNIDA) is in talks with Patwari village farmers to resolve a land acquisition dispute impacting 1 lakh houses in Noida Extension. Farmers demand increased compensation, rejecting the current offer.
Noida Extension apartment buyers face dilemma due to land dispute, seeking refund or relocation
Greater Noida Authority will soon launch a new housing scheme with 5,000 single-story units priced around Rs 30 lakh each, featuring relaxed payment terms and expandable designs.