Noida: The Greater Noida Industrial Development Authority (GNIDA) has executed nearly 5,000 registries in the past four months after developers of more than 20 housing projects settled their dues and obtained occupation certificates from the Authority.GNIDA CEO Ravi Kumar NG said that the registries generated a revenue of Rs 100 crore, while the stamp duty payments from those transactions amounted to Rs 150 crore for the state government. GNIDA officials said that the Authority followed a flat-wise registration system to streamline the process, granting ownership rights to homebuyers after developers paid their dues. The GNIDA conducted camps at its office to address the issues faced by homebuyers, and the registration department officers ensured a smooth registration process tailored to each project.Earlier, GNIDA had published a list of developers who had cleared their dues. It had also instructed those developers to execute tripartite lease deeds among themselves, homebuyers, and the Authority.GNIDA officials said that the state government will soon announce a rehabilitation package for developers of stalled projects in the city based on a report by the central government-appointed Amitabh Kant expert panel. The panels recommendations include delinking developer dues from the flat registry if the project gets integrated into the rehabilitation package. That, officials said, would significantly alleviate the concerns of homebuyers. However, until that gets implemented, the Authority has been focusing on resolving all builder-buyer issues in line with the existing policies.In Greater Noida, there are 191 new housing projects. Out of these, 62 have settled their dues, 36 remain stuck in various courts, and 93 are defaulting. There are 2.6 lakh units across these 191 projects, with 1.2 lakh units already granted completion certificates. Of these completed units, GNIDA has completed the registries for over one lakh flats.Now, the Authority is planning to conduct similar camps for institutional, industrial, and commercial allottees.We also published the following articles recentlyNepal: India-funded school buildings, community development projects inauguratedIndia-Nepal development partnership strengthens with the inauguration of school and lab buildings at Shree Gautam Buddha Secondary School in Kapilvastu District. The buildings were constructed with financial assistance from the Government of India. The project is a High Impact Community Development Project implemented through the District Coordination Committee. India has completed 488 projects in Nepal, including 5 in Kapilvastu. In addition, India has gifted ambulances and school buses to various institutions in Nepal. The partnership aims to uplift the people and improve infrastructure, particularly in the education sector.Ministry of defence nod for projects worth over 2 lakh croreThe Indian defence ministry has given preliminary approval for capital acquisition proposals worth Rs 2.23 lakh crore, including the procurement of 97 Tejas fighters, 156 Prachand light combat helicopters, and an upgrade of 84 Sukhoi-30MKI jets. The Navy will also receive 450 anti-ship missiles. Of the 22 proposals granted acceptance of necessity (AoN), 98% will be sourced from domestic industries. The main orders will go to defence PSU Hindustan Aeronautics (HAL), including 97 more Tejas fighters and 156 Prachand helicopters. The defence acquisition procedure has also been amended to ensure a minimum of 50% indigenous content in all procurement cases.

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