Property registrations down by 30% in #Noida and #Gurgaon due to #NGT order and excessive supply

Several projects in Noida remain unsold because of the National Green Tribunal order forbidding authorities from registering properties falling within the eco-sensitive zone around the Okhla Bird Sanctuary. Homebuyers in Gurgaon are also hesitant to take possession because of inadequate infrastructure facilities in areas such as Dwarka Expressway.