subject: Property In Greater Noida Sees The Hike In Price [print this page] . For the first time in a year, the one lakh home patrons, Greater Noida Authority, developers and farmers are thinking on constant lines redressal of grievances at the earliest.
However, in conjunction with the great news, theres additionally a nasty one. Developers say that whereas previous consumers can stay unaffected, new ones can ought to shell out virtually double the rates as property costs have shot up as compared to last year.
Greater Noida Authority CEO said, that his 1st priority are addressing the grievances of all farmers whose lands are acquired. The foremost elated are members of the Noida Extension Flat Owners and Members Association who are fighting for their right ever since the land row started. We can meet Authority officers next week to debate farmers grievances since we had joined hands with them to fight this battle.
However, farmers are still an apprehensive heap. The issue could be a multi-layered one. Land in eight of the eleven villages within the space has been denotified by the court. Cases in more than forty villages are currently pending in court. Thus how will the Master Plan be proceeded without 1st addressing these matters? Farmers of eleven villages can convene a mahapanchayat, to make your mind up their next course of action.
Apart from consumers, this move comes as a serious relief to developers whose investments are tied within the residential property in Greater Noida with none earnings. Supertech chairman and managing director said that they hope to resume construction by July finish. Developers have additionally started sharing this news with homebuyers. This win wouldn't attainable without the patience of homebuyers who supported us throughout the land row, as said by the director of Supertech.
This is an important win in favour of consumers and also the realty trade, Amrapali Group CMD, hoped handy over flats to consumers inside a brand new timeframe. This call can improve the image of Noida Extension and Greater Noida. The land row had brought a negative impact within the region.
Residences bookings in Greater Noida close to Delhi have resumed when authorities recently approved a revised master plan for the residential township, ending the year-long uncertainty over land acquisition problems that had left residential property and consumers stranded.
Amrapali Developers, that is promoting five residential property in Greater Noida within the locality that has received the booking orders for a few residences within the week since a designing committee for the national capital region approved the new building bylaws.
The Greater Noida Authority approved the revised Master Plan 2021, setting the stage for reinforcement work to resume within the space, conjointly noted as Noida Extension. The plan are sent to the Uttar Pradesh government, that in turn can forward it to the National Capital Region Planning Board for final approval.
Real estate development work had return to a standstill during this township last year when farmers protesting over low costs for their land dug up roads and restrict the construction of residential projects. The agitation snowballed into a political issue when farmers in adjoining areas joined the protest.
