National Green Tribunal had expressed its concern over the
constructions befalling in the area surrounding Okhla Bird Sanctuary.
Anil Sharma CMD Amrapali Group |
This had
put a stay on the constructions involved in the matter.
This had adversely
affected many projects and had put more than 50,000 apartments in a legal
standoff. But now, the verdict has been issued that has removed the stay from
these properties. This has acted as a sudden shot in the arm for the real
estate sector in Noida. Amrapali Group thinks that this verdict would give the
much needed fillip to the realty market.
Noida is suddenly regaining its stature as one of the most
prominent investment options in Delhi-NCR. According to Dr. Anil Kumar Sharma,
CMD, Amrapali Group, much of this can be attributed to the verdict concerning
the Okhla Bird Sanctuary and the airport proposed at Jewar. The combine effect
has reduced the reluctance in the consumers towards the area. Now, more than
50,000 consumers are entitled to get the possession of their house in Noida.
The talk of the town was that Noida had peaked out as a
rewarding investment option and the inventories were reaching a saturation
level, but the recent developments convey otherwise. Noida has again climbed to
a staggering level.
No comments:
Post a Comment