Greater Noida Authority permits registration of over 2,200 flats in three housing societies

Homebuyers will profit from the Greater Noida Industrial Development Authority's (GNIDA) decision to approve the registration of more than 2,200 flats constructed by three separate builders in sectors 1 and 16 of Greater Noida.

The registry of these apartments has reportedly been approved after the builders completed their required payment to the Authority, according to GNIDA officials.

According to GNIDA CEO Ritu Maheshwari's instructions, the registration of 2215 apartments from three builders has been approved. These developers paid the authority after which the action was taken. The payments paid do not fall within the authority's recently implemented rescheduling policy, an official said.

However, the Authority withheld information on the sum that was recovered from these developers.