Noida Authority Scheme for Noida Banks : The Noida Authority has finalized a scheme to facilitate shifting of banks operating from residential plots to commercial ones to meet the Supreme Court order of December 5.The Authority has identified 74 commercial plots that can host the displaced bank branches.According to the Noida Authority CEO, Capt SK Dwivedi, the scheme based on a commercial bidding format will remain open for applications for a week beginning Thursday and will be subsequently allotted to the eligible branches within the timeline given by the court. "The plots are of varied sizes ranging between 82 and 450 sqm. We are offering only those plots identified as commercial in the Master Plan," he said.
In Noida Extension Race- NCRPB hurdle : With construction activities in Noida Extension still in limbo, homebuyers on Wednesday filed a petition in the Allahabad High Court to support the review petition filed by the Greater Noida Authority on the October 21 verdict. The hearing is likely to come up on February 7 when the three-judge bench addressing cases related to land acquisition hears more cases filed by farmers from villages in Greater Noida and Yamuna Expressway.The Noida Extension Flat Buyers' Welfare Association (NEFBWA) has supported the contention of the Greater Noida Authority that since there has been an inordinate delay in getting clearance of the Master Plan 2021 from the NCR Planning Board, construction of houses should be allowed to resume in Noida Extension so that homebuyers get possession of their flats in time.
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