GNIDA has conditionally approved Gaursons Group’s proposal to mortgage part of Gaur City Mall to secure farmer compensation dues. This move aims to enable the execution of approximately 2,100 pending sub-lease deeds across three housing projects, offering relief to residents awaiting legal ownership. An independent valuation will assess the mall’s security value before registries can proceed.
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Gaursons Group to mortgage mall to clear ₹315 crore dues for registry of over 2,000 flats