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Propmyna Khabri
posted on 11 AprNoida Authority to Cancel Allotment of Vacant Plots
Did you know that the Noida Authority is planning to cancel allotments of plots that have been vacant for over 12 years? This is a big move intended to discourage land hoarding. Basically, if someone bought a plot a long time ago and hasn't built anything on it, the Authority might take it back. What does this mean for us? Well, it could free up land for new projects and infrastructure, which could eventually lead to more housing options and potentially even impact property values in a positive way. It will certainly put pressure on builders to actually build. Aapko kya lagta hai — positive ya negative for buyers?
#Noida#land-acquisition#government-policy
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