Authority offers balm to buyers

GREATER NOIDA: Two days after the Supreme Court order on Sahberi triggered a wave of panic among buyers in Noida Extension, the Greater Noida Authority has finally broken its silence. For more than 24 hours after the verdict, Authority officials were out of reach. But on Friday, they held out an olive branch to farmers, developers and individual buyers, saying it's willing to hammer out a solution to the current crisis. While trying to soothe frayed nerves, the Authority is also keeping the option open to renegotiate and reacquire land from farmers — this time after giving them a fair hearing.

GNIDA CEO Rama Raman said the Authority's first priority was to implement the apex court order. Raman said buyers who have already booked flats should be provided all possible aid. He urged developers to either refund the money of buyers or shift them to an alternate project. Also reaching out to developers, Raman said, "If a developer wants to pull out of a project, it can approach the authority for a refund."