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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

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..
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Apartments, Flats and Property for Rent in Noida

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,..
Oct 15, 2016
Cheapest Hostel with food for College Students in Noida |..
Oct 10, 2016
Luxurious PG Accommodation for Studying and Working girls & Boys in Amity University Noida Sector 125. we have provided washing Machine,..
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