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noida: Seven developers in Noida agree to pay 25% dues as part of new policy to revive stuck projects

Property developers are estimated to owe as much as Rs 40,000 crore to the Noida, Greater Noida, and Yamuna Expressway authorities, including premiums, interest, and penal interest against allotted plots on which realty projects are currently in different stages of execution. ....

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Noida, Greater Noida authority paves way to restart stuck housing projects

According to the approved proposal, builder taking benefit of the policy wont be able to charge any amount from the buyer so that the benefit provided by the government reaches to the homebuyer. An independent chartered accountant or third party will recalculate the dues of the builder. In addition, no charges will be levied for giving three years of extension to the builder. ....

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Suman Bery takes charge as Niti Aayog Vice Chairman

An experienced policy economist and research administrator, Bery has replaced Rajiv Kumar as the vice chairman of the government think tank. ....

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