The Supreme Court order quashing the acquisition of 156 hectares of land by the Greater Noida Industrial Development Authority (GNIDA) has hit consumers and real estate companies hard. According to reports, projects worth Rs 40,000 crore are at stake. This will eventually hit housing prices in the NCR, and, thus make affordable houses in this region a dream. Commenting on this issue, Pankaj Bajaj, President of CREDAI NCR said,
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