Builder defaults on loan, 200 Noida flat owners told to evict society

Around 200 families living in Noida's Gardenia Gateway society in Sector 75 were served eviction notices by Union Bank of India after the developer, Gardenia India, failed to repay a ₹78.45-crore loan. The bank's August 5 notice asked owners to vacate apartments by August 20. The bank, however, withdrew the notices on Wednesday after outrage over the matter.

Load More