Noida Authority Cancels Ownership of Vacant Plots

Heard any whispers about vacant plots in Noida? Well, the Noida Authority is planning to cancel the ownership of plots that have been undeveloped for over 12 years. They want to free up land for actual homes and development, which should help with the housing crunch. This move is meant to discourage land hoarding and encourage real construction. What do you guys think? Will this increase the supply of available properties and maybe cool down prices in Noida?