Noida Restores Rehab Benefits to Sikka Infra Amid ₹252 Crore Dues
Representative AI image NOIDA: The Noida Authority board has given preliminary approval to Sikka Infrastructure to regain benefits under the state government’s legacy stalled project policy for its Sector 143B housing project, Sikka Karnam Greens. This relief will take effect only after the builder withdraws its pending revision petition with the state government. The Authority had previously revoked all benefits granted to Sikka under the stalled project policy and issued a recovery certificate (RC) for dues amounting to approximately ₹252 crore. The latest decision states that the RC will be withdrawn once Sikka meets the stipulated conditions, including the withdrawal…