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GDA to Pay ₹45 Crore to GMC for Swarn Jyantipuram Handover

GHAZIABAD: The Ghaziabad Development Authority (GDA) has initiated the transfer of Swarn Jyantipuram to the Ghaziabad Municipal Corporation (GMC), ending a decades-long wait. According to the initial agreement, GDA will allocate Rs 45 crore to the GMC to facilitate the completion of outstanding infrastructure projects in the township. The funds are earmarked for enhancing roads, sewer systems, and the water supply network. Launched in 1998, Swarn Jyantipuram has been one of Ghaziabad’s longstanding housing projects, pending transfer to the municipal corporation. Despite its establishment over twenty years ago, the handover has been delayed due to prolonged legal disputes and disagreements…