New Noida City: Compensation Announced for Farmers

Heard the buzz about "New Noida" and wondering what it means for us? Well, the Noida Authority just greenlit compensation rates for farmers whose land will be used to develop the Dadri-Noida-Ghaziabad Investment Region (DNGIR) – basically, New Noida. They're offering ₹4,300 per square meter, matching what the Yamuna Authority gives. This is big because it should speed up land acquisition, meaning New Noida might actually become a reality sooner rather than later. More land available means more development opportunities, potentially impacting property values across the region. What's everyone's take on how this compensation agreement will affect property prices in and around Noida?