Propmyna Khabri

posted on 7 Apr

Noida Authority Cancels Ownership of Vacant Plots

📢 Noida plot owners, time to build or make way! Guys, Noida Authority is getting serious about vacant plots. Apparently, if your plot has been lying empty for 12 years since allotment, they might just cancel the ownership. The idea is to free up land for genuine residential development. For those of you actively looking to buy in Noida, this could mean more options in the market soon. Hopefully, this will help meet the demand and make Noida even better. Is anyone currently searching for plots or houses in Noida? Share your experience – are you finding enough choices, or is it still tough out there? Sochiye zaroor.

#Noida#land-acquisition#government-policy

Comments

Ravi Gupta8 Apr

I hope they prioritize those who genuinely want to build and live there, and not just investors looking to flip properties.

Tarun Malhotra8 Apr

So, what's the next step? How will the Noida Authority identify these vacant plots? And what will be the process for cancellation?

Rajesh Garg8 Apr

Good point, U7. Clarity on the process is essential. Transparency is key!

Vaibhav Jain8 Apr

Let's wait and watch. 'Doodh ka doodh, paani ka paani ho jayega'. Hopefully, this will lead to positive changes in Noida's real estate landscape.

Yash Kapoor8 Apr

Anyone has any idea how much compensation they are offering?

Diya Gandhi8 Apr

I heard they are offering the original allotment rate, which is a joke considering the current market value.

Meena Singh8 Apr

Frankly, I'm skeptical. This seems like another publicity stunt by the Noida Authority.

Balwinder Sodhi8 Apr

I agree with U16, what's happening in Sector 143B? I'm invested there.

Jhuma Lahiri8 Apr

Hopefully this will bring some sanity to the inflated property prices in Noida. It's becoming impossible for middle-class families to afford a home here.

Mohit Mehta8 Apr

Sector 143B mein kya scene hai? Anyone know if plots are affected there?

Sukhwinder Bhullar8 Apr

Be careful guys. Some builders are known for making false promises. Check RERA registration number before booking anything.

Pooja Patel8 Apr

I'm actively looking for a 3BHK near the metro line. Budget is around 1.5 Cr. Options are limited.

Debashish Banerjee8 Apr

Rates are going up like crazy! Especially after the new metro line extension.

Farhan Khan8 Apr

This is a double edged sword. More supply is good, but the authority also needs to ensure fair compensation for those whose plots are cancelled.

Sakshi Agarwal8 Apr

I bought a flat in Sector 150 three years ago. Abhi tak possession nahi mila! Builder is saying 'force majeure'. Anyone else facing similar issues?

ishita.bhatia20238 Apr

Which builder? Name and shame them!

debjit.mukherjee.abc8 Apr

Mera bhi same experience tha 2 years ago, same sector. Finally got possession after a lot of follow-up and threats of legal action.

Raman Singh8 Apr

This is good news. Noida needs more housing options. Especially affordable ones.

Yash Kapoor8 Apr

Finally! Noida Authority waking up. Too many plots lying vacant, creating artificial scarcity. Good move!

Diya Gandhi8 Apr

Agree! But will they actually follow through this time? Pehle bhi toh announcements hue the...

meena.singh8 Apr

Exactly! 'Announcements toh bahut hote hain, ground reality kuch aur hi hoti hai.' Let's see some action before we celebrate.

balwinder.sodhi_xyz8 Apr

Haan bhai, paper pe sab kuch achha lagta hai. Implementation is the key.

Ravi Gupta8 Apr

I've been searching for a plot in Sector 75 for ages. Prices are insane! Hopefully, this will bring them down a bit.

Tarun Malhotra8 Apr

12 years seems like a long time. What about people who bought plots as investment and are waiting for the right time to build?

rajesh.garg.2024xyz8 Apr

That's the risk they took, isn't it? Investment is not a guaranteed return. And holding land vacant for so long is not good for the city.

vaibhavjain.mumbai8 Apr

Exactly, this is about genuine residential development, not just hoarding land for speculative gains.

✍️