Chi III Greater Noida, Greater Noida

The Greater Noida Authority has decided to issue Recovery Certificates against 14 real estate developers to recover ₹315.5 crore in land dues. This action is crucial for facilitating the registration and possession of flats for 8,856 homebuyers whose property rights have been on hold due to the builders' non-clearance of dues. This move aims to resolve stalled projects and bring relief to a significant number of buyers.

The Greater Noida Authority plans to construct 45 new bus stops across the city to enhance public transportation infrastructure. These stops will be equipped with amenities like mobile charging points and CCTV surveillance.The development will be under the Build-Operate-Transfer model, with a tender to be issued soon.

GNIDA has issued a final warning to property allottees who have not completed registry or started construction on their plots for over two decades. Extensions have been granted until October 30, 2024, for registry and June 30, 2026, for construction, after which allotments may be cancelled.