Noida flat registry impasse continues, not many builders come forward for part-payment plan

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Noida flat registry impasse continues, not many builders come forward for part-payment plan

New Delhi: The impasse over registry of 1000’s of flats in Noida continues as not many builders have come forward for part-payment plan being thought out by the Noida Authority.

As per a report within the Times of India, on March 15, assembly was held betwen the chief secretary, Noida Authority and the builders throughout which the latter had agreed to make half funds to clear the registry impasse of Noida flats. However, the thought has not conceptualised as not many builders have come forward for the aim. 

The TOI report additional added that officers are but to recuperate greater than Rs 10,000 crores in dues from the builders. 10,060 flats are awaiting speedy registry, out of which 9,476 flats Amrapali Group venture whereas 584 flats belong to 13 group housing tasks, the TOI report stated.

As of 2018 figures, round 50,000 households live in several flats of Noida and Greater Noida with none authorized paperwork for their flats. Previously authorities had even deliberate signing of a “sub lease agreement” to thrust back authorized hassles.

Several patrons had been going through issues on account of lack of authorized recognition and operating from pillar to submit to get their points resolved. The builders defined that they’ve dues pending to the native authorities which is why they’re not getting the no objection certificates and completion certificates (that are required to provide patrons the occupancy certificates).

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In Noida and Greater Noida, it is a tripartite settlement with the native authority additionally being concerned. 





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