REGISTRIES WILL BEGIN IN NOIDA WITH 1K FLATS FIRST TO GET GREEN LIGHT

Stalled for a long time, registry of flats will begin in the city with the first green light coming for 1,084 buyers who have received possession of their homes. Clearing the decks for this are consent letters from seven real estate companies to clear 25% of their total dues within 60 days and the rest in instalments in line with the relief package rolled out by the state government last month based on recommendations of the Amitabh Kant committee. The Noida Authority will receive around Rs 100 crore in total recalculated dues.

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