Greater Noida: The Greater Noida Authority has taken a tough stand against allottee companies using the logo of Greater Noida Authority for the promotion of their business without proper permission.
The Authority has decided to impose a fine of Rs 10 lakh on the companies using the logo of the Authority without proper permission. Moreover, if the offense is repeated, action will be taken to cancel the lease deed along with the map of the allotted plot.
It has come to light that some companies in Greater Noida are trying or have used the Greater Noida Authority logo to win the trust of investors, while the Authority is not directly related with their projects. The Authority's order is a reaction to these incidents.
The order has been issued on the instructions of Greater Noida Authority, CEO Narendra Bhushan, by Santosh Kumar, OSD of builder cell. Furthermore, OSD Santosh Kumar has cautioned investors to gather complete information before investing their hard-earned money in any project.