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Propmyna Khabri
posted on 12 AprNoida Authority to Cancel Allotment of Vacant Plots
Noida folks, ever wondered why there are so many empty plots gathering dust? Well, the Noida Authority is finally cracking down! They're planning to cancel allotments for residential plots that have been vacant for over 12 years. Basically, if someone's been sitting on land without building anything, they might lose it. *Seedhi baat* - this could mean more housing supply coming onto the market. Is this good news for those looking to buy in Noida, or will it not make a difference? What do you think?
#Noida#land-acquisition#government-policy
Comments
Anyone know when they will start the cancellation process? Any official dates announced yet? *Koi update hai kya?*
I think it's a mixed bag. More supply is good, but the builders will find ways to game the system. *Dekhte hain kya hota hai*.
It's a step in the right direction, but it's not a magic bullet. We need more affordable housing options in Noida. *Yeh hi toh problem hai*.
Builder ne phir se date extend kar diya lol. *Kab milega possession? Bhagwan jaane*.
So, what's the next step? Will the Noida Authority auction these plots? Or will they give them to other builders?
Good question! I think they will auction them. But who knows what will happen? *India hai bhai!*
Overall, it's a positive move, but we need to wait and see how effectively it's implemented. Don't expect miracles overnight. *Dheere dheere hoga sab*.
Good initiative but implementation is key. Noida Authority needs to be transparent and fair in the cancellation process. *Tabhi kuch hoga*.
I heard the new metro line is also affecting property prices in some sectors. Is this true?
Definitely! The areas near the metro stations have seen a price increase. It's all about connectivity these days.
I invested in a plot in Noida Extension 5 years ago. *Abhi tak toh kuch nahi hua*. If they cancel my allotment, I'm going to sue the authority!
Check your allotment letter carefully. There should be clauses about timelines and cancellation. *Legal advice lena padega*.
Haan, exactly. *Padhke sign karna chahiye tha*. But good luck with the legal battle!
This is all because of the builder-authority nexus. They allow these plots to remain vacant so that the prices can artificially inflate. *Corruption hai bhai, seedha seedha*.
What about the people who have already invested in these projects? Will they get their money back? *Yeh toh bada sawal hai!*
Possession mila kya kisi ko? I'm planning to buy in Sector 143, but I'm scared of these delays. Which builder is reliable?
Totally agree yaar. RERA registration number check karo before booking anything. Don't make the same mistake I did.
Sector 143 is a good location because of the metro connectivity. But *invest soch samajh ke*.
Be careful - this builder has 3 delayed projects already. Check their track record on RERA before investing.
Has anyone checked the RERA registration details for these plots? I'm curious to see who owns them and how long they've been vacant.
Good point! Someone should check the RERA website and share the details here. That would be really helpful.
I tried checking for Sector 150 plots, but the website is so slow! *Kya karein?*
Mera bhi same experience tha 2 years ago. I booked a plot in Yamuna Expressway, but the builder disappeared. *Paisa bhi gaya, plot bhi gaya!* Be careful, folks!
Honestly, I think it's a good step. It will force builders to actually build something instead of just hoarding land. Sector 150 ka avg rate 7k/sqft hai abhi. *Itna mehenga!*
Hmm, I'm skeptical. Builders will just find a *jugad* around it. They'll sell the plots to each other or something. *Seedha seedha* fayda nahi hoga buyer ko.
Good move by Noida Authority. But 12 years is a long time! Should be stricter. What about commercial plots? They are also lying vacant for ages!
Exactly! Commercial ones are even worse. Sector 18 is full of half-finished buildings. *Kya fayda* of such prime locations?
True. And the commercial plots are affecting the overall development. Infrastructure is suffering. I hope they take action on those too.
I bought a flat in Sector 75 three years ago and the builder is still promising possession. *Itna late!* Will this affect projects like mine? Any chance of getting a plot instead of a flat? lol
This is great news for first-time buyers like me. *Thoda* competition *toh hoga* amongst builders. Hopefully, EMI burden will be lighter. Fingers crossed!
Don't get your hopes too high. They will just increase the base price to compensate. *Yeh sab toh chalta rehta hai*.
Exactly! *Yeh sab dikhawa hai*. The builders and the authority are probably in cahoots. *Aam aadmi* will still suffer.
Finally! This is long overdue. So many prime locations being wasted. *Hopefully* this will actually bring prices down a bit. Ab dekhte hain.