Based on the ET News Noida authority is yet to accumulate because of worth Rs.1400 crore from 74 Properties it has to rented out to Government companies and Mall of Noida.

it was the Authority's basic administration division that had provided these. Those making use of the structures and also area transferred money initially however quit paying the rent later on, the authorities said, including that notices had been sent out per of them. Authorities claimed gas pump operators owed the optimum defaults, adhered to by government offices and also financial institutions.

Most of these drivers have actually even moved court on issues connected to rent. Data sourced from the Authority showed 15 petrol pumps situated in different sector of the city owed a maximum of Rs 518.5 crore to the Authority. These are complied with by 21 government offices that have a superior of Rs 377.5 crore. The federal government companies include offices of sales tax obligation, earnings tax, sub-registrar, key, additional local transportation officer, shops In Noida,telephone exchange, excise, markets and also post offices. There are a total of nine financial institution branches where the Authority is intended to. to obtain Rs 297.2 crore. 

All these banks have instances pending in courts. hese apart, 4 CNG terminals run by an exclusive business owe concerning Rs 150 crore in rent. 9 mobile canteens, shops and stands have an outstanding of Rs 19.7 crore. As. several as 16 gas godowns and also display rooms owe Rs 2.5 crore.CRC the flagship Officials claimed the they had actually held numerous meetings with representatives of the federal government companies and firms as well as urged them to remove the fees. "With time, several of them have paid a part of the charges. Yet a majority have filed instances in court," an authorities stated, had lately sent out the revised overdue list to various departments for essential action.