Italia Group | Piccolo s Enchanting Ace From Mumbai To Delhi menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The Greater Noida authority has issued an order in this regard, allowing Hawelia Group, a real estate developer, to take control of a 22-acre partially completed undertaking known as Shree Radha Sky Garden in Greater Noida.
Real estate developers said the ban will cause a delay in delivery of projects, and impact homebuyers. They said that a one-month ban on construction, delays a project by at least two to three months.
The Greater Noida authority has issued an order in this regard, allowing Hawelia Group, a real estate developer, to take control of a 22-acre partially completed undertaking known as Shree Radha Sky Garden in Greater Noida.
A co-developer policy, the key component of the proposed rehabilitation package for stalled real estate projects in Noida, is likely to be announced soon. The policy aims to inject funds and allow new companies to take over and complete stalled yet economically viable projects. It is expected to benefit homebuyers, the authority, and the government.