Noida denizens give ultimatum on free hold property demand

Federation of Noida Residents' Welfare Association representatives today wrote to Noida Authority giving it an ultimatum till December 31 to obtain the state government's approval for conversion of lease hold property into free hold ones.
Presently all property in Noida is on lease hold system for 90 years.
"Though we have been raising this issue for the last few years, Noida Authority was not taking it seriously. Now, we have given an ultimatum till December 31.
"If by then the free hold system is not started, we will hold indefinite dharna and even resort to road blockades," said FONRWA president, NP Singh.

Although Ghaziabad and other development authorities have accepted conversion of lease hold property to free hold, Noida Authority is yet to agree to it.