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25 percent hike in flat rates

1 Comment Sub Category:Realty News,Uncategorized Posted On: Dec 05, 2011

New flat buyers be ready to shell out more and more money in Noida. This is not a purposeful hike the developers have opted for!

Developers in Noida city had to make around Rs 3,000 crore payment for the notices that the Uttar Pradesh government had issued to land allottees.

Failing badly to pay this amount to the notices, developers have passed on burdens on the property buyers.

CREDAI confirmed the same saying that, the Greater Noida Industrial Development Authority (GNIDA) has already sent demand notices to the property owners to pay an additional amount of Rs 2,015 per square metre.

Source: The Economic Times

One Response to “25 percent hike in flat rates”

  1. Evan says:

    I would really like to say thanks a whole lot for your job you have made in writing this blog post. I am hoping the same perfect work from you down the road too.

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