The decision will impact around 190 group housing projects across Noida and Greater Noida where developers are yet to clear dues amounting to around Rs 32,000 crore while over one lakh flats are yet to be delivered to buyers, according to official estimates.
This integrated nature of various projects makes it easier for users to access all facilities quickly with the Indian Real Estate experts believing that GatiShakti Plan will improve infrastructural connection and minimize people's commute time.