Banks to shut down in residential areas
Reacting to recent Supreme Court’s order, Noida Residents Banks’ Association (NRBA) has approached Noida Authority to approve banks at the present area under mixed land use norm.
Under this norm, other commercial complexes can be opened in a residential area and the land would be status of commercial-under-residential.
This is clause under Noida Master Plan-2031 and authority is planning to implement it within time.
Source: Indian Express
Banks, Commercial-under-residential, Mixed land use norm, Noida, Noida Authority, Noida Master Plan-2031, NRBA, Residential areas, Supreme Court