DM Noida releases list of disputed properties homebuyers alert
| Saturday | 3rd July, 2021
Real estate properties worth Rs 344.23 crore belonging to 32 real estate developers were seized by the Gautam Buddha Nagar administration over the non-payment of dues.
Issuing a notice to as many as 201 properties in Noida and Greater Noida, the Gautam Buddha Nagar DM has appealed to the homebuyers to not buy these properties.
As per the official order, the seizure happened after real estate builders had failed to comply with the orders of the real estate regulatory authority (RERA) to submit the land dues.
22 real estate properties were seized from Dadri in Greater Noida.
Many defaulter builders have constructed their projects, especially in Greater Noida West.
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