News
Many vacant plots with minimal allowed construction misused by residents for unauthorised purposes: Noida Authority chief
“Currently, allottees are required to have minimum 50 per cent construction of the floor area ratio (FAR) after which they are entitled to a completion certificate for the building. However, we have received frequent complaints from residents and officials that Noida has many vacant plots with minimal allowed construction lying in shambles for decades. Some of these are reportedly being misused by residents for unauthorized use. They could also be housing criminals,” said Rama Raman, chairman and CEO, Noida Authority.
The meeting concluded with bylaws that landowners in the city would have to either construct on vacant plots within two years or sell them to someone else otherwise the property will be confiscated.
However, official sources said the move to amend the building bylaws is aimed at ridding Noida of encroached vacant plots. As per the amendment, owners will now have to build on 100 per cent area of the allowed FAR of plots instead of 50 per cent that was allowed till now.
Raman also said that many temporary constructions do not even have a caretaker creating a huge nuisance value in neighbourhoods. “For old allottees, we will serve a notice and ask them to complete the construction. A period of one year will be granted to them and if they fail to comply by the amended bylaws, lease deed will be cancelled and plots confiscated,” Raman warned. A survey of the city will be conducted to identify such plots, officials added.
-
News4 weeks ago
Jasbir Jassi, Sunanda Sharma Star as Spectrum @Metro Hosts ‘The Burrah Nights’
-
News2 weeks ago
Leasing by Global Capability Centres at all-time high, crosses 29 msf in 2024
-
Guest Column3 weeks ago
Class Act: Private Equity Can Boost India’s K-12 Education System
-
News2 weeks ago
Brookfield Properties and Mumbai Lakers Rotary Club Host Powai Run 2025
-
News2 weeks ago
Industrial & Warehousing Sector Grows 30% YoY, Peaks at 64.5 msf in 2024
-
News2 weeks ago
Mumbai-based Neelkanth Realtors files for IPO
-
News2 weeks ago
Industrial and Warehousing Dominate with $2.5 Billion Investments for 2024
-
News2 weeks ago
Brigade Group Plans Residential Project on Whitefield-Hoskote Road, Bengaluru