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.
Supreme Court's decision on Greater Noida land case sends shockwaves among buyers and developers. Future of over 6,000 buyers uncertain as projects are halted.
India's real estate prices expected to rise further as Finance Ministry retains 2.5% service tax on under-construction projects, impacting homebuyers.