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Greater Noida authority may cancel allotment of group housing plots lying idle

Dated on: Friday 19th May 2023

The Greater Noida Authority is conducting a survey to evaluate the construction status of plots allocated to real estate builders for group housing projects. The survey will identify defunct projects and assess under-construction projects. The builders who have failed to commence construction or deposit dues will have their plot allotments cancelled. The development authority is considering a co-developer policy, which will allow another promoter to complete the project and clear dues.

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