Realtors in Noida & Greater Noida strongly oppose local body’s new mandate of registration

Real estate developers in Noida and Greater Noida are protesting a new rule requiring homebuyers to pay a 6% stamp duty after paying just 10% of the property price. Developers argue this places an unfair financial burden on buyers and creates uncertainty around cancellations. They warn the policy could harm the real estate sector's recovery and discourage homeownership.