P
Propmyna Khabri
posted on 7 AprNoida Authority Land Pooling Policy Aims to Resolve Impasse
Heard a few folks worried about Noida's development pace lately... Seems like land acquisition hiccups were causing delays. Good news though, the Noida Authority is switching to a "land pooling" policy. Basically, instead of strong-arming farmers, they're offering a share of the developed land in exchange for their agricultural plots. This should speed things up, especially along the Noida Expressway where they're targeting 500 acres. Plus, they've bumped up the direct purchase rate to ₹9,000 per square meter, which might encourage more landowners to participate. Do you think this new approach will improve the market outlook for Noida real estate?
#Noida#land-acquisition#government-policy
Comments
No comments yet. Be the first to comment!