Noida Ex­ten­sion: Fin­gers crossed

De­vel­op­ers and buy­ers are op­ti­mistic, but prop­erty prices are likely to jump

HT Estates - - Front Page - Van­dana Ram­nani

If the Noida Ex­ten­sion cri­sis is re­solved, book­ings in the area will open – but at a higher rate. De­vel­op­ers say prices will go up by 20% be­cause of the “fi­nan­cial bur­den” that is likely to be passed on to them.

“The clock can­not be turned back. Con­struc­tion work has started and in­fra­struc­ture is in place in the area. A so­lu­tion to the is­sue needs to be found soon. We are hope­ful of a de­ci­sion

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