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Noida Authority Seals Lotus Panache Towers Over Rs 700 Crore Dues and Illegal Construction
Dated on: Friday 14th November 2025The Noida Authority has sealed three towers and ten commercial units in the Lotus Panache project at Sector 110 after the developer, Granite Gate Properties Pvt Ltd, failed to clear dues of over Rs 700 crore. Officials found that construction continued even after the building plan had expired, prompting immediate action. The project covers nearly 1.64 lakh square metres and includes 31 sanctioned towers with more than 4,000 planned units. Authorities have stated that no construction will be allowed until the developer renews the building plan and clears outstanding payments. Further legal measures may follow if compliance is not achieved.
