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Greater Noida Authority allows buyers’ association to finish sampada livia project

State : Uttar Pradesh / On : 8/22/2025 12:25:20 PM /
IndiRera

Greater Noida Authority allows buyers’ association to finish sampada livia project

 Greater Noida Authority allows buyers’ association to finish sampada livia project

Noida: The Greater Noida industrial Development Authority (GNIDA) Board has granted in-principle approval to extend map validity and issue permission to mortgage (PTM) to the SLB Welfare Association, the buyers’ body now Steering the long-stalled sampada Livia housing project in sector Chi-5. The project has been stalled for a decade.

The move, taken under the legacy stalled real Estate Project policy introduced by the UP Gov in dec 2023, signals long-awaited institutionalsupport to a homebuyers association battling legal, financial, and regulatory hurdles to comlete their homes. It will enable financial institutions to extend loans to buyers and pave the way for the revival of the project under official oversight.

                                                                                                                                                                     

The Sampada Livia project was mired in difficulties from its very beginning.
 

Read more at:
https://realty.economictimes.indiatimes.com/news/residential/greater-noidas-sampada-livia-project-revived-after-a-decade-buyers-association-secures-approval-for-completion/123375086?action=profile_completion&utm_source=Mailer&utm_medium=newsletter&utm_campaign=etrealty_news_2025-08-19&dt=2025-08-19&em=aW5kaXZhbHVldGVjaG5pY2FsQGdtYWlsLmNvbQ==

 

Credit by: https://realty.economictimes.indiatimes.com/?utm_source=header_logo&utm_medium=newsDetail