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The Real Estate Sources told the NBTV that it is a very sad day for the Builders like Amrapali and Supertech, as the Uttar Pradesh Government, in its statement, that it will convey this message to the Builders to saddle the extra financial blow to the tune of Rs.4,000 Crore that the Government may have to bear, in view of the directions received from the Hon’ble Allahabad Apex Court for payment of upper recompense to the farmers. In views of this decision of the U.P. Government, the contractors, in turn, will have to ask the land allottees to be ready with the extra money to be paid by them.
The sources further told the NBTV that with the Judgement delivered by the Allahabad High Court, the Chief Executive Officer, Rama Raman, heaved a sigh of relief to know about the nullifying of land acquirement in three villages as he felt there was no growth in the quashed villages.
With regard to payment of more reimbursement amount to the farmers, Raman told the sources that there will be an additional financial saddle to the tune of Rs.3000-4000 Crores as far as the Greater Noida Authority is concerned and further stated that since they work on ‘NO PROFIT – NO LOSS BASIS’, the amount can be retrieved from the extant and prospective land allottees like Builders, Institutions and Industries.
To a query from the sources as to how many projects have been hit in the three villages which have been repealed, the Noida Auhtority official said that in two villages, the farmers have not claimed for their recompense and that even the land has not been converted from Agricultural to Industrial. Speaking further about Asdullapur village, falling in the jurisdiction of Noida, the official said that there are schemes to build a railway platform and a sewerage plant which takes about a month for the commencement of the construction for they have to obtain approval from NCR Planning Board as per the directions of the Court.

Property Listings

Apartments, Flats and Property for Sale in Noida

May 18, 2017
Specificationsn Structure RCC frame structure. Earthquake resistant structure. Construction: Drawing, dining, bedrooms in vitrified tiles, and..
May 10, 2017
Looking For 2/3bhk Ready to Move Flats at 35..
Apr 29, 2017
If you are planning to buy 2bhk/3bhk in noida extension at affordable price. You must go for samridhi grand avenue stands for great interior and..
Apr 20, 2017
2bhk flat in greater noida at 33 lacs(Don't Miss Out) Looking for 2 bhk flat in greater noida with all modern amenities and great location..
Apr 19, 2017
KVD WindPark is a residential project by KV Developers at Noida Extension. If you are searching an accommodation for your family or investment, it..
Apr 18, 2017
Ace group present new residential venture whose name is Ac City. Offer 2/3bk in greater noida, Poject design where home buyers can invest in..
Apr 17, 2017
You are planning to buy dream home or search project for investment purpose. Ajnara Ambrosia new project located at prime location of noida. It is..
Apr 13, 2017
+91-9999911116 ||ATS Rhapsody, AtS New Projects, Ats Noida Extension, ATS Rhapsody Noida, ATS Rhapsody Noida Extension, ATS Rhapsody Greater..
Apr 13, 2017
Here comes good news for those who are looking for dream home in noida. Samridhi developer with their latest residential project in noida. ..
Apr 04, 2017
Buy ready-to-move-in very low Budget 2BHK flats in 32 Lakhs at Samridhi Grand Avenue and give your family a lifetime pleasure of living in a..

Apartments, Flats and Property for Rent in Noida

Jun 09, 2017
This home is very great option on the great location of greater Noida with complete electrical work and necessary wooden work like kitchen cabinet..
Jun 08, 2017
1 fully furnished 1 room set available on ground floor in sec . 28. 1 room with bath and attached kitchen furnished with..... 2 beds ,1 ac , 1..
May 01, 2017
3 BHK flats available on rent in Paras Tierea Sec..
Nov 09, 2016
Residential rental flats on Noida Expressway location Sector 125 |..
Nov 08, 2016
Residential rental flats on Noida Expressway location |..
Nov 04, 2016
Cheapest PG with food for Working Employee in Noida |..
Nov 01, 2016
Cheapest Hostel with food for Working Employee in Noida |..
Oct 25, 2016
Fully Furnished available for Girls in Prime & Posh Location of Sector-125 near by Amity, Noida. Fully furnished pg accommodation..
Oct 24, 2016
Fully furnished Girls Hostel accommodation in Sector 125, Noida for girls with all modern facilities like Semi-modular kitchen, geyser, fridge,..
Oct 19, 2016
Luxurious PG Accommodation for Studying and Working girls & Boys in Amity University Noida Sector 125. we have provided washing Machine,..