NOIDA, Feb. 8 -- The Noida authority has sealed flats and shops of realty firm TGB infrastructure Private Limited in Sector 50 after the firm failed to pay Rs.55.27 crore land cost dues despite repeated notices.

"We have ordered the sealing because the realty firm failed to clear the financial dues despite multiple notices," said Lokesh M, chief executive officer, Noida authority.

TGB infrastructure has a group housing plot in Sector 50. The Noida authority said the realty firm till December 31, 2023, owed the authority Rs.55.27 crore in land cost dues against the group housing plot.

On December 27, 2024, the Noida authority urged the Gautam Budh Nagar district administration to issue a recovery notice to the realty firm as per the pro...