Summary:
GREATER NOIDA: The Greater Noida authority has on Friday formed a committee headed by the B.K Tripathi, Additional CEO ( ACEO ) to study demand of builders of about 41 projects for a zero period from 2011 to 2015. "But the interest waiver for the Zero Period will be given only to genuine cases," ACEO said.Farmers in Greater Noida West, earlier known as Noida Extension had in April 2011 challenged land acquisition in the Allahabad high court. Other cases will either be referred to the Greater Noida Board or to the state government for further action," he explained.The official further said that one meeting with developers was held on Friday regarding the issue. "Next week also we will be meeting the developers in groups of ten to hear their individual demands," Tripathi said. "Those cases, which can be approved by the CEO, as in cases of stay by courts will be addressed at CEO level..