noida

Noida: The sealing of banks and other establishments that are functioning in violation of land use clause by running commercial ventures out of residential and industrial plots, got off on the wrong foot on Friday with no sealing activity taking place. Noida Authority officials took rounds of the area in the morning and gave the banks “final” notices to vacate the plots. They were also told that the plot would be seized and the lease deed cancelled if operations did not stop at the earliest. The Authority officials said that a key reason why no sealing took place was the lack of clarity on the directions of the Supreme Court.

Co-op society flat owners fail to register flats NOIDA: Owners of flats in housing cooperative societies have failed to register their premises individually as per the current circle rates as ordered by the Supreme Court even after being given six months to comply with it. Even as the stipulated time ended on Wednesday, the stamp department said that 3,000 such flat owners still haven’t registered their flats. The members of such societies in Noida had earlier argued that they had purchased land at their own cost and, after paying stamp duty, the flats were developed and allotted to society members. As a result, the sub-lease does not make any sense.

Illegal sale of plots to unsuspecting buyers is on the rise in Noida Extension. About 20 builders/developers, mostly from Delhi, are buying land, already notified for acquisition by the government, from farmers and selling plots to those looking for cheap land for housing. The Greater Noida authority has formed teams to probe the matter, lodge FIRs and raze all illegal structures coming up on such plots. Sources said some builders are even getting roads constructed and electricity poles installed in order to lure homebuyers. Anil Nagar, an office-bearer of Gautam Buddha Nagar Bar Association, warned, “These developers are fooling buyers by selling plots in notified areas. It is illegal.“ However,

Greater Noida/New Delhi: The Jaypee Group would take over the Noida expressway soon.A Jaypee official has confirmed this,but said they have not yet decided by when tolling on this stretch would start.Sources added that the developer had raised the issue of land required to build the toll plaza,but so far,the government had not sanctioned it. Officials privy to the government process said the concession agreement for Yamuna expressway,which also covers issues relating to the Noida expressway,clearly mentions that the developer would have to pay back a fixed amount Rs 330 crore to the Noida authority for taking over the Noida-Greater Noida link. This would be paid at the end of