Nearly 2,000 flats handed over to buyers in Noida & Greater Noida

April 08, 2021 Admin 2 min.

Nearly 2,000 flats have been handed over to buyers in Noida and Greater Noida, officials said.

The special camps organised to expedite the registry process of the apartments in the twin have resulted in the execution of 1,980 tripartite sub-lease deeds, officials said, attributing the two-fold increase in yield to a focused approach. Also, in this fiscal, the department has been able to mop up Rs 1,550 crore as revenue.

In fact, buyers who were languishing for years due to the logjam between developers and the two industrial development authorities despite making the required payment had been petitioning the Uttar Pradesh government to bail them out.

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