Real state to invest in Noida real estate market

Recently UP government has announced the new land acquisition policy, so if anyone is thinking to invest in Noida region then this is the best time to invest in property market. According to the new announced law farmers will get heavy compensation package, as the property rates are going upwards in the twin cities of Noida-Greater Noida.
According to the new law certainly now civic body have to ready to take the accountability as developing authorities will be urged to increase the existing rates. As per the senior officials that “the district administration is also planning to revise the circle rates (as a projected 25-30% hike in existing rates).” Whereas, when it comes to infrastructure such as roads, sewers, water and connectivity, Noida-Greater Noida will always be the best.
As per the new land acquisition policy now onwards developers can directly acquire land from the farmers and acquisitions can only happen with the mutual consent of 70% of the farmers in a given area. In case of disagreement, the project would be reviewed. According to the several market analysts “developers have to construct Kisan Bhavan particularly in affected villages.” They added that, the new policy has been framed to safeguard the interest of farmers.