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Noida: Rs 2 lakh fine imposed on 14 builder projects for violating NGT norms

Business Finance

ANI  |  General News 

The Greater Noida Industrial Development Authority on Thursday imposed a fine of Rs 2 lakh each on 14 builder projects for violating the rules of Green Tribunal (NGT).

The fine has been imposed on Supertech Ecovillage-2, ACE Aspire, Gaur City 10th Avenue, Panchsheel Green and Aarcity Regency among others, read a statement.

The authority further stated that if the mentioned builders violate the rules of NGT for the second time, a fine of Rs 5 lakh will be imposed. The fine will increase to Rs 10 lakh for a third violation, and action will be taken as per lease deed for the fourth time, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, July 12 2019. 04:19 IST