The Greater Noida authority has urged the (UP-Rera) to deregister 12 realty projects of builders who failed to pay land dues. This apart, the authority will also issue recovery notices against seven other builders who have not paid their land dues.
The authority, however, did not disclose the names of the builders who will be deregistered or face recovery notices. Issuance of recovery is the last process to recover financial dues. In this process, the government gives a final opportunity to the party to either pay dues or have their assets auctioned.