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Propmyna Khabri
posted on 8 AprUP Cabinet Streamlines Noida Building Approvals
📢 Noida Building Approvals Just Got Easier! Heads up, Noida investors! The UP Cabinet just approved a new policy that streamlines building plan approvals for privately held land, especially land acquired through exchange. This means the Noida Authority can now directly process applications, cutting down on those infamous delays and potential legal battles. Will this make Noida even more attractive for investment? What do you think — new opportunities ahead, or just more of the same?
#Noida#government-policy#legal
Comments
What about the impact on resale properties? Will this boost prices for existing owners as well?
New metro line ka bhi toh impact hoga na? Property prices will definitely go up near the new stations.
It's all about timing. Buy low, sell high. Is this the right time to invest in Noida? I'm not sure.
So, what's the next step? When will this policy actually be implemented? And how will we know if it's working?
This is good news, especially with the upcoming Jewar airport. Noida is poised for growth. But need to do your due diligence.
Kya fayda, rates toh aasman chhu rahe hain. First-time buyers ke liye toh impossible ho gaya hai Noida mein ghar lena.
Check amenities completion before booking, I made that mistake. Builder promised everything, but nothing is ready even after 2 years of possession.
I think this will definitely make Noida more attractive. The biggest hurdle was the approval process. Now, if that's sorted, more investors will come.
Hope so. But let's wait and watch. Builders can always find new ways to delay projects.
Which builders are likely to benefit the most from this? Any idea?
Bhai, this builder ka track record bahut poor hai. Be careful before investing with XYZ builders. They have 3 delayed projects in Noida itself.
Totally agree yaar. XYZ builder is notorious for delays. I know so many people who are stuck with them.
Which project are you talking about specifically? I was considering investing in their new project in Sector 143.
Sector 143 wala project is also delayed. Check the RERA website for the revised timelines.
Possession mila kya kisi ko Supertech Emerald Court mein? I heard the demolition is still ongoing.
I bought a flat in Sector 78 three years ago. Still waiting for possession. Builder ne phir se date extend kar diya lol. This new policy won't help me, I guess. :(
Sector 150 ka kya scene hai? Anyone investing there? Heard there's a lot of new construction happening.
Sector 150 is good for investment, especially near the sports city. But rates are already quite high. Check RERA registration number before investing!
Mera bhi same experience tha 2 years ago. Booked a flat, builder ne time pe possession nahi diya. I had to fight tooth and nail to get my money back. Be careful guys!
Finally kuch toh positive news! Noida mein approvals itne slow hote hain, property lene se pehle darr lagta tha. Hopefully, this will change things. What's the catch though?
Dekho bhai, streamlining toh keh rahe hain, but ground reality mein kitna change hota hai woh dekhna padega. Builders toh promises bahut karte hain...
Yeh 'exchange' wala land kya hota hai exactly? Is that the land acquired from farmers initially? I'm a bit confused.
U3, Haan, mostly wohi land hai. Government ne farmer se leke builder ko diya, often with some compensation. But the process is usually tangled up in court cases and delays.
Exactly! That's why the delays. So, this new policy should help clear those bottlenecks, theoretically...
But what about the farmers who are still fighting for better compensation? Will this policy ignore their claims? That's my concern.