India, Sept. 30 -- The Noida authority on Monday said that it has cancelled the allotment of around 110,000 square metre group housing plot to developer Lotus Greens in the Sports City scheme in Sector 150 following the developer's failure to clear around Rs.4,200 crore dues as per the terms.

This is the first time that the Noida authority has cancelled the allotment of a group housing plot in the city's ambitious "sports city" housing scheme that came in 2014.

The authority will take possession of the plot, and re-auction it to collect revenue out of this process, said officials on Monday.

However, a spokesperson of the developer said that the authority cannot take this kind of action because there is a "non-coercive" order from the S...