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Noida administration attaches flats, villas of real estate developers to recover dues worth Rs 344 crore

The Gautam Buddh Nagar administration on June 30 attached flats, villas and land plots worth Rs 344.23 crore of real estate developers following non-payment of dues by 32 realtors, an official order, a copy of which is with Moneycontrol, said. “These properties have been attached over non-payment by these builders despite recovery certificates being issued by the Uttar Pradesh Real Estate Regulatory Authority (RERA),” the order issued by Shrivastava said.

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