Noida Extn revival plan gets a push
In what might spell relief for about one lakh middle class homebuyers in Noida Extension, the NCR Planning Board (NCRPB) in Delhi on Thursday took the first step towards approval of Greater Noida’s master plan-2021.india Updated: Jun 29, 2012 01:15 IST
In what might spell relief for about one lakh middle class homebuyers in Noida Extension, the NCR Planning Board (NCRPB) in Delhi on Thursday took the first step towards approval of Greater Noida’s master plan-2021.
A statutory committee of the NCRPB cleared the plan and sent it to the board for consideration. Clearance of the plan will revive housing projects stuck in Noida Extension. Thursday’s meeting was also attended by Uttar Pradesh’s principal secretary (housing) SN Shukla.
Naini Jayaseelan, member secretary, NCRPB, told Hindustan Times, “Today we considered the master plan. The state government has incorporated in the master plan all the changes directed. We have now recommended it for consideration and subsequent approval by the NCR Planning Board.”
Greater Noida authority’s chief executive officer (CEO) Rama Raman said, “The state government has incorporated in the master plan all the changes required. It may take 15 days for the NCRPB to approve our master plan.”
“We hope construction will start soon and worried buyers will get relief. Farmers, whose land we have acquired for development, are our top priority. The approval will also allow us to start disbursing increased post-acquisition rehabilitation benefits to farmers as ordered by the court,” he said.
The construction work at the proposed realty hub of Noida Extension, which falls in Greater Noida, has remained halted for eight months now. About 2.5 lakh flats are planned and about one lakh of them have already been booked.
The Allahabad high court in October last year ruled land would remain with builders and farmers would get increased benefits. But the court also asked the Greater Noida authority to get its plan approved by the NCRPB before construction could resume.
First Published: Jun 28, 2012 21:48 IST