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Gr Noida authority cancels allotment to builder over ₹39-cr dues
short by Srishty Choudhury / on Wednesday, 29 March, 2023
Greater Noida Industrial Development Authority (GNIDA) cancelled the allotment of Nivas Promoters' group housing plot in Sector-10 for not completing the project and non-payment of dues amounting to ₹39 crore. The authority said it will take over the plot and reallot it afresh through a new scheme. The authority has initiated a crackdown against developers who have not cleared dues.
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