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NOIDA/GREATER NOIDA: The registry logjam in the city is far from over even after the state chief secretary’s directions. Developers in the twin cities say that they have not received any communication from the two authorities yet over the revised payment plan as per the State Bank of India’s marginal cost of funds-based lending rate (MCLR). However, some special camps organised by the Noida and Greater Noida authorities have resulted in the registry of 300 flats in the twin cities over the past one week.
Sources told TOI that officials are waiting for March 22, when the review petition filed by the Noida Authority against the dropping the interest rate will be taken up by the Supreme Court.