Greater Noida authority to offer upto 40% rebate on pending dues of builders to revive stalled projects

The Greater Noida Authority has proposed a one-time settlement scheme offering up to a 40% discount on pending dues of builders. The rebate applies to outstanding dues until March 31, 2023, with a 40% discount for payments made by January 31, 2024. Payments by February 29 and March 31, 2024, will attract 30% and 20% discounts, respectively.

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