20,000 homebuyers to benefit as ban on Sports City projects in Noida Sec 150 lifted
Indian Express·2h ago·Hope
What Happened
The Noida Authority lifted restrictions on Sports City projects in Sector 150 after a five-year ban. Following a Supreme Court order, the authority resumed issuing occupancy certificates and permitting property sales. Major developers including Tata Projects, Godrej Properties, and Prestige Group operate in the area. The Rs 50,000 crore investment project affects approximately 20,000 families seeking relief from construction delays.
Key Entities
Noida AuthoritySports City Sector 150Supreme CourtTata ProjectsGodrej PropertiesPrestige GroupLotus Greens20,000 homebuyersRs 50,000 crore