Noida Authority has started a bold 'name and shame' tactic by placing public boards outside housing projects of developers failing to pay land dues. The initiative kicked off at Lotus Panache by Granite Gate Properties amid NCLT proceedings. While CEO Lokesh M says the boards just inform about claimed dues, residents argue it hurts buyer trust and revival plans.
The Uttar Pradesh Real Estate Regulatory Authority launched its 20th training program for real estate agents in Lucknow and Gautam Buddha Nagar to enhance professional standards.
Urban development has approved a 1% increase in stamp duty for the Metro rail corridor, raising it to 7.5%, while discussions on boosting FSI continue.