Greater Noida Authority to Recover ₹315 Crore Dues from 14 Builders
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.