The number of such flats is relatively smaller in the Yamuna Expressway area, but the total number would exceed 50,000 flats across the three areas. In many cases, the buyers have already started living in these flats and are awaiting registration of the flats. “The Boards of all three authorities — Noida Authority, Greater Noida Authority and the Yamuna Expressway Authority –have approved the proposal and it will be now sent to the UP government. It (the scheme) will come into effect after the UP Government approves it,” the Greater Noida Authority CEO Deepak Agarwal told PTI. While many builders have begun giving possession for the completed units, even if the entire project is not completed, the registration of flats is not happening in those cases.
Source: Indian Express October 23, 2016 12:44 UTC