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Rs 10 Lakhs fine for Greater Noida

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Another heartbreaking decision against the real estate developers is on the limelight where a fine has been imposed to the Greater Noida Authority and also nullified their possession of a land in its near by area of Shahberi village. The Supreme Court decision was made in favour of the Allahabad High court verdict against the force fully acquisition of this farm land from the helpless owners. It was great encouragement to the spirit of fight back attitude of the other victims whose lands are already been used by various top rated real estate dealers.
A huge area of land was bought by the Authority of Greater Noida from the farmers for the cause of industrial ventures but later on gradually it turned out to be posh residential colonies priced with heavy profit margins. It was a clear cut violation act of land usage. After a agitation made against these proceeding the Supreme court came out with the final verdict with nullification along with the fine amount. The very decision affected some of the known builders of the region like Amarpali, Ajnara, Mahagun, Supertech and Panchsheel.
But on the other hand it was all maintained by the Supertech Limited and was continuining with their commitments. Interestingly this area is very close to the Eco Village 2 but the present land of this project is out of the vicinity of this location. Here work is on with full swing for all the three schemes – Ecovillage-1, Ecovillage-2, and Ecovillage-3 at the Noida extension area. Hence it is a safe platform for investment and the projects are expected to be completed on targeted time. After completion houses on these Ecovillage will be at affordable range of Rs 9.85 lakhs. This unexpected loss will definitely give way to the other regions like Noida, Indirapuram, Vaishali, Vasundhara and Raj Nagar Extension.
Source: NIMMA BENGALURU

Property Listings

Apartments, Flats and Property for Sale in Noida

Sep 14, 2016
+91-9711619001||Amaatra Homes, Amaatra Homes Noida Extension, New Projects in Noida Extension, Amaatra Homes Greater Noida west, Amaatra..
Sep 11, 2016
+91-9711619001||Amaatra Homes, Amaatra Homes Noida Extension, New Projects in Noida Extension, Amaatra Homes Greater Noida west, Amaatra..
Aug 24, 2016
+91-9711619001||Sikka Group, Sikka Kaamna Greens, Sikka Karmic Greens, Sikka Karnam Greens, Sikka Developers, Sikka..
May 25, 2016
+91-9711619001||Bulland Calisto, Bulland Calisto Noida Extension, Bulland Group, Bulland Calisto Greater Noida West, Bulland Calisto Price..
May 07, 2016
Gaur Siddhartham is another new residential project launched by Gaursons Group, located at Siddhartha Vihar Nh-24 Ghaziabad. Offering all the..
Apr 15, 2016
+91-9711619001||Gaur Sportswood, Buy 2/3 BHK Residential Flats, Gaur Group, Gaur Sportswood Sports City, Gaur Sportswood Sector 79 Noida, Gaur..
Mar 18, 2016
+91-9711619001||Amaatra Homes, Amaatra Homes Noida Extension, New Projects in Noida Extension, Amaatra Homes Greater Noida west, Amaatra..
Feb 28, 2016
Call : 9810993851 | Shri Radha Aqua Garden | Shri Radha Aqua Garden Noida | Aqua Garden | Aqua Garden Noida Extension | Shri Radha Aqua Garden..
Feb 27, 2016
+91-9711619001||Bulland Calisto, Bulland Calisto Noida Extension, Bulland Group, Bulland Calisto Greater Noida West, Bulland Calisto Price..
Feb 21, 2016
+91-9711619001||Bulland Calisto, Bulland Calisto Noida Extension, Bulland Group, Bulland Calisto Greater Noida West, Bulland Calisto Price..
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Apartments, Flats and Property for Rent in Noida

Sep 27, 2016
Well furnished rental flats on Noida Expressway |..
May 21, 2016
1 BHK renting flat at Sector 82 Noida, get 1 bhk flat for rent in in CGEWHO Kendriya Vihar 2 prime location of Noida sector 82, total floor..
Apr 02, 2016
Available 2 BHK luxurious Renting flat at Sector 30 Noida, Its one of best renting flat in location sector 30 Noida. Sector 30 Noida known as one..
Apr 02, 2016
Available 2 BHK luxurious Renting flat at Sector 30 Noida, Its one of best renting flat in location sector 30 Noida. Sector 30 Noida known as one..
Oct 21, 2015
Residential 2 bed room set available on rent in sector-66 noida, Noida. Contact us ..
May 14, 2015
Brand New Flat available for..
Jan 02, 2015
3 bhk flat semi furnished in express green in sector-44..
Jan 02, 2015
semi furnished flat in paras tierea sector-137..
Dec 15, 2014
North east facing spacious 3 bhk flat available for immediate rent in a world class society with complete wooden work, tiles flouring , fantastic..
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