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Propmyna Khabri
posted on 12 AprNoida Authority to Name and Shame Defaulter Builders
Heads up, Noida investors! Ever feel like you're taking a gamble when you invest in a property here? Well, the Noida Authority is trying a new tactic to keep builders in check. They're planning to put up public notices outside projects where builders haven't paid their land dues. Granite Gate Properties and Lotus Group are among the first in line. Apparently, Lotus Panache is one of the projects that could be affected. This is a warning sign, because it means the builder hasn't cleared their dues or even applied for the government's help. What do you guys think? Will this naming and shaming actually work, and how will it impact property prices in these projects?
#Noida#legal#government-policy
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