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Propmyna Khabri
posted on 7 AprNoida approves redevelopment policy inspired by Mumbai for old buildings
Noida's getting a makeover! The Noida Authority just approved a redevelopment policy, taking cues from Mumbai. Basically, old EWS flats will be demolished and rebuilt, modernizing prime areas. Developers get extra space to sell to recover costs, but *seedhi baat* is that original allottees get bigger and better homes. This could really boost property values in those older sectors, right? Do you think this redevelopment push will change the investment landscape in Noida?
#Noida#government-policy#land-acquisition
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