Builders Can’t Sub-Divide And Sell Plots, Decides Greater Noida Authority
Real estate developers will no longer be able to sub-divide and sell land plots allotted to them in Greater Noida, and industrial units set up before the local authority came into being will also have to pay a development fee, officials said today. The decisions were taken during the 124th board meeting of the Greater Noida Industrial Development Authority (GNIDA) Board at their office in Greater Noida today. Uttar Pradesh Industrial Development Commissioner Sanjiv Mittal chaired the meeting attended by GNIDA CEO Narendra Bhooshan and other senior officers. The Board…
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