The Greater Noida Authority has issued a resolute ultimatum to property allottees who have yet to formalise their registrations or commence construction on residential plots, some of which have been held for as long as twenty years. With a deadline set for October 30, 2024, the authority has mandated that allottees must finalise property registration and begin construction by June 30, 2026. Failure to comply will result in the cancellation of their allotments, a decisive step aimed at addressing long-standing delays in the area’s urban development.
This announcement, made following a board meeting on June 12, underscores the authority’s commitment to enforcing regulations designed to expedite property development. Approximately 5,000 property allottees across various categories are impacted by this move, many of whom have not taken the necessary steps to execute property registries or initiate construction despite the considerable time elapsed since their allotments. The Additional Chief Executive Officer of the Greater Noida Authority emphasised the critical need for action, stating, “Numerous allottees have failed to complete the registry or commence construction on their plots. This has persisted for many years, and it is imperative that these issues are resolved promptly.”
The authority’s initiative aims to enhance urban development by ensuring that residential plots are utilised effectively. By imposing strict deadlines, Greater Noida seeks to overcome the stagnation that has characterised many of its allotments. The push for timely registration and construction aligns with the city’s broader goals of maintaining a well-planned urban environment. Such measures not only streamline development processes but also contribute to the overall improvement of Greater Noida’s infrastructure, ensuring that the region can meet the growing demands of its population.
