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Propmyna Khabri
posted on 7 AprNoida Authority Cancels Ownership of Vacant Plots
📢 Noida plot owners, time to build or maybe lose your land! So, the Noida Authority is cracking down on vacant plots. Basically, if you were allotted a plot over 12 years ago and haven't built anything, they might cancel your ownership. If you've started construction, you have six months to get things moving. What does this mean for us? On one hand, it could free up land and increase housing supply, potentially moderating prices. On the other, it might create some uncertainty in the short term. The idea is to make sure land is actually used for housing, which could be good for Noida's residential market in the long run. Aapko kya lagta hai — positive ya negative for buyers?
#Noida#government-policy#land-acquisition
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