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Representative Image NOIDA: The Noida Authority on Monday allowed private developers to pay lease rent dues in instalments. The move will help around 30,000 homebuyers who are waiting to get their properties registered. According to a rough estimate, there are close to 50 highrise projects in the city where around 30,000 buyers have not been able to register their flats because the developers have not cleared dues of the Authority. A number of these buyers had approached the UP government, urging it to find a solution. The decision to allow builders to pay in instalments was taken at the bo...

GREATER NOIDA: To monitor the financial health of the private developers executing realty projects in the city and to ensure timely payment, the Greater Noida Industrial Development Authority will ask builders to open escrow accounts now on. The Authority took the decision to implement the system after recently getting an approval from the board. Home to 207 group housing projects, the Greater Noida Authority has to recover dues to the tune of over Rs 7,000 crore from the private developers executing the multi-storey apartment projects in the city. Officials said these developers will now h...

MUDA opens special Over The Counter Service (OTC-S) Kiosk Mysore/Mysuru: For the first time in Karnataka State, the Mysuru Urban Development Authority (MUDA) has launched ‘Namma Mane – Namma Licence’ service that will help people to get building plan approved within a day.  Henceforth, citizens need not run from pillar to post or grease the palm of officials to get the MUDA building plan approved. If all documents submitted are perfect, then people can collect the licence to build the house within a day. This single window Over The Counter-Service (OTC-S) Kiosk established in the firs...