Greater Noida body warns builders to initiate flat registry in 15 days
6 months, 3 weeks ago

Greater Noida body warns builders to initiate flat registry in 15 days

Hindustan Times  

The Greater Noida Industrial Development Authority has issued a stern directive to builders to initiate the flat registry process for buyers within 15 days, warning that non-compliance will result in severe consequences, including project cancellations and possible referral of cases to the Economic Offences Wing, said officials on Sunday. According to officials aware of the matter, builders who have failed to deposit 25% of their total outstanding amount, despite benefiting from a government order based on recommendations from the Amitabh Kant Committee, will face land allotment cancellations, and their cases will be referred to the EOW for investigation. Notably, the Amitabh Kant Committee, led by prominent Indian bureaucrat Amitabh Kant, was established to address challenges in India’s real estate sector, particularly stalled housing projects and unresolved disputes between homebuyers and builders. The Amitabh Kant Committee’s recommendations were put in place to offer builders some relief, but those who fail to comply with the conditions will face strict action,” Srivastava said in the meeting.

Registration Land Flat Officials Greater Noida Eow 15 Days Srivastava Flat Registry Builders  registration  greater  body  homebuyers  15  kant  officials  days  builders  flat  srivastava  flats  initiate  registrations  registry  warns  noida  land

History of this topic

Homebuyers Can't Suffer Due To NOIDA Authority's Failure To Fully Implement Project: Allahabad HC On Withholding Of Occupancy Certificate
1 month ago

Homebuyers Can't Suffer Due To NOIDA Authority's Failure To Fully Implement Project: Allahabad HC On Withholding Of Occupancy Certificate

Live Law  

Thereafter, Special Purpose Company had submitted integrated plan for development of the entire Sports City Plot No. In a plea concerning the development of Noida Sports City, the Allahabad High Court said that the homebuyers–some of whom had booked apartments in completed towers but where the builders were not granted permanent completion certificate–cannot be penalised due to New Okhla Development …

Noida: Realtors asked to execute registry to homebuyers by Dec 31
3 months, 3 weeks ago

Noida: Realtors asked to execute registry to homebuyers by Dec 31

Hindustan Times  

The Greater Noida authority has asked realtors to ensure that all pending flat registries in their respective projects are executed in favour of homebuyers by December 31. else be ready to face the consequences. The authority will take action and will withdraw the relief on interest granted to housing projects following the recommendations of the Amitabh Kant Committee,” said Saumya …

NCR real estate news: Developers demand more time, waivers to complete stuck housing projects
6 months, 4 weeks ago

NCR real estate news: Developers demand more time, waivers to complete stuck housing projects

Hindustan Times  

Real estate developers in Noida and Greater Noida, in a letter to the state and central government as well the Noida and Greater Noida authorities, have demanded additional time, more waivers, relief from banks and other benefits to deliver stuck housing projects in the National Capital Region. The authority in its report to the state government on Saturday said they …

Noida directs real estate developers to pay dues, obtain registry permission
10 months, 2 weeks ago

Noida directs real estate developers to pay dues, obtain registry permission

Hindustan Times  

The Noida authority on May 9 directed real estate developers to clear their dues and obtain permission for registry of the apartments in favour of thousands of home-buyers who have been suffering for last many years. The authority has made it clear during a meeting held with the realtors on Wednesday in Greater Noida’s Knowledge Park-IV office that if they …

Greater Noida authority holds talks with builders on homebuyer registry
10 months, 2 weeks ago

Greater Noida authority holds talks with builders on homebuyer registry

Hindustan Times  

The Greater Noida Industrial Development Authority on Wednesday held a meeting with real estate developers from industry body CREDAI, directing them to pay dues soon and ensure registry of flats in scores of projects in the area. He asked the builders who have not deposited 25 per cent of the total outstanding amount on their projects to make the payment …

UP govt asks Noida, Greater Noida to cancel allotments of realtors who still have land dues
10 months, 3 weeks ago

UP govt asks Noida, Greater Noida to cancel allotments of realtors who still have land dues

Hindustan Times  

Uttar Pradesh’s additional chief secretary Manoj Kumar Singh has directed the Noida, Greater Noida and the Yamuna Expressway authorities to start cancelling allotments made to realtors. NThe policy was meant to help a large section of homebuyers in Noida, Greater Noida and Yamuna expressway areas, where an estimated 240,000 to 350,000 housing units are currently lying stalled owing to several …

Noida authority in high court to delay registry at Lotus 300 till dues are paid
10 months, 3 weeks ago

Noida authority in high court to delay registry at Lotus 300 till dues are paid

Hindustan Times  

The Noida authority has filed a review petition before the Allahabad high court challenging its earlier order that directed that registry of apartments in Lotus 300 housing project in Sector 107, Noida, be executed without further delay. The authority has expressed its inability to issue permission for registry as land cost dues amounting to ₹ 166 crore is still pending …

78 home-buyers in Noida Sec 107 get flat registry
10 months, 4 weeks ago

78 home-buyers in Noida Sec 107 get flat registry

Hindustan Times  

The Noida authority on Monday said it has executed the registry of 78 homebuyers in Great Value Sharnam housing society in Sector 107 after the realtor paid 25% of his total dues against the housing project. The authority set up a camp in the society to make sure buyers execute registry with ease instead of going to the government office …

Noida: Proposal for homeowners to pay more for registering flats mooted
11 months ago

Noida: Proposal for homeowners to pay more for registering flats mooted

Hindustan Times  

NOIDA: The resolution professional, appointed by National Company Law Appellate Tribunal for Supertech Limited’s six pending housing projects in Noida and Greater Noida, has suggested that if buyers opt to pay additional money against their apartment, he can register the property since registration is possible only after the Noida Authority’s land cost dues are paid up. According to Hitesh Goel, …

Residents of Noida high-rise to take out ‘march for registry’
11 months, 2 weeks ago

Residents of Noida high-rise to take out ‘march for registry’

Hindustan Times  

Noida: The residents of Gardenia Glory apartments in Sector 46, Noida, are set to carry out a “March for Registry” on Sunday after their builder allegedly did not pay up the land dues required to initiate registry of their flats by April 12. On March 16, the Gardenia Glory Society, where 1,450 homebuyers have been waiting for their registries since …

Noida and Greater Noida flat registries: 5 things homebuyers should know
11 months, 3 weeks ago

Noida and Greater Noida flat registries: 5 things homebuyers should know

Hindustan Times  

Noida authority has said that it has given permission for the registry of a total of 13,639 apartments after real estate developers of 35 housing projects gave their consent to clear their financial dues. After deducting the penal interest, these 35 developers have given their consent to pay 25% of total dues to become eligible for the registry of the …

Noida authority allows registration of 13,639 apartments
11 months, 4 weeks ago

Noida authority allows registration of 13,639 apartments

Hindustan Times  

The Noida authority on Sunday said that it has given permission for the registry of a total of 13,639 apartments as realtors of 35 housing projects have given their consent to clear their financial dues. The Noida authority gives permission for the registry after a developer pays 25 percent of their total dues as per the policy approved by the …

Legacy stalled projects: 1,366 home registries done in March in Greater Noida
11 months, 4 weeks ago

Legacy stalled projects: 1,366 home registries done in March in Greater Noida

Hindustan Times  

Noida, In March 1,366 flat buyers across 16 legacy stalled projects in Greater Noida got their registries done to get ownership rights of their homes after years of delay in line with recommendations of an expert panel led by Amitabh Kant, officials said on Sunday. HT Image The local Greater Noida Industrial Development Authority said it has issued letters to …

Yeida to issue registry permission for 10k apartments
1 year ago

Yeida to issue registry permission for 10k apartments

Hindustan Times  

GREATER NOIDA: The Yamuna Expressway industrial development authority has decided to issue registry permission for at least 10,000 apartments in nine stalled housing projects, as the promoters have agreed to clear their land cost dues, the authority’s officials said on Sunday. Chief minister Yogi Adityanath, under his government’s campaign to address homebuyers’ plight, had okayed a “stalled legacy housing project” …

Builders agree to pay dues, Noida authority gives nod to process registries of 13,600 flats
1 year, 1 month ago

Builders agree to pay dues, Noida authority gives nod to process registries of 13,600 flats

Hindustan Times  

The Noida authority has decided to give permission for executing registries of at least 13,600 apartments in 35 stalled housing projects after the respective real estate developers gave their written consent to pay land dues. The 35 projects in Noida where registries will take place include Hyde Park in Sector 78, Prateek Fedora in Sector 61, Apex Homes in Sector …

Noida to give nod for execution of registries of 3,000 flats in 31 unfinished projects
1 year, 2 months ago

Noida to give nod for execution of registries of 3,000 flats in 31 unfinished projects

Hindustan Times  

The Noida authority on Monday said it is likely to issue permission for execution of registry of at least 3,000 ready apartments in 31 finished housing projects by offering them penal interest waivers under the new state government policy announced on December 19 to address the woes being faced by the real estate sector. The realtors of these 31 complete …

Over 3,000 flats registered in 3 months in Greater Noida, 6,000 expected by Diwali
1 year, 5 months ago

Over 3,000 flats registered in 3 months in Greater Noida, 6,000 expected by Diwali

Hindustan Times  

Over 3,000 homebuyers have got their flats registered in the past three months, the Greater Noida Industrial Development Authority has said, adding that the number of registrations is expected to reach 6,000 by Diwali. "From July 26 till now, flats have been registered in the names of 3,016 buyers," Greater Noida Industrial Development Authority said in a statement on Wednesday. …

Noida Authority CEO meets builders over ₹26,000 crore pending dues
1 year, 7 months ago

Noida Authority CEO meets builders over ₹26,000 crore pending dues

Hindustan Times  

Noida Authority CEO Lokesh M on Friday held a meeting with two dozen real estate developers to discuss the recovery of ₹26,000 crore in pending dues and difficulties faced by home buyers in 60 group housing projects, officials said. Representative image Expressing angst at the situation, the CEO directed his department that action, including the issuance of recovery certificates, should …

Central committee to UP: Allow flats registry even if dues are not cleared by builders
1 year, 7 months ago

Central committee to UP: Allow flats registry even if dues are not cleared by builders

Hindustan Times  

A central committee, headed by former Niti Aayog chief executive officer Amitabh Kant and mandated to formulate an effective policy that can address the issues being faced by the real estate sector across the country,in its report has recommended to the Uttar Pradesh government that the three authorities -- Noida, Greater Noida and the Yamuna Expressway-- should allow registry of …

Noida, Greater Noida builders seek one-time settlement scheme for land dues | KNOW DETAILS
2 years, 3 months ago

Noida, Greater Noida builders seek one-time settlement scheme for land dues | KNOW DETAILS

India TV News  

Noida news : Representatives of realtors' bodies CREDAI and NAREDCO met Ritu Maheshwari, the CEO of Noida and Greater Noida development authorities and demanded a one-time settlement scheme to clear their land dues citing liquidity crunch. "In a meeting with the CEO of Noida and Greater Noida Authorities Ritu Maheshwari yesterday, real estate developers from NAREDCO and CREDAI urged the …

Supertech twin tower demolition a much needed shake-up for realty in Noida
2 years, 7 months ago

Supertech twin tower demolition a much needed shake-up for realty in Noida

Hindustan Times  

When the Supertech twin towers come crashing down on August 28, in a Supreme Court ordained demolition exercise, its tremors are bound to shake up the real estate sector in the National Capital Region, said experts as the towers in Noida’s Sector 93A are now symbolic of all that could go wrong when builders ignore construction regulations with impunity, in …

Greater Noida authority issues notice to Supertech after two children fall from ninth floor of high-rise
2 years, 10 months ago

Greater Noida authority issues notice to Supertech after two children fall from ninth floor of high-rise

Hindustan Times  

A day after two children were severely injured after falling from the ninth floor of a building at Supertech Ecovillage-2 in Greater Noida west, the Greater Noida Industrial Development Authority issued a notice to Supertech seeking a reply in three days. The Greater Noida authority has issued a notice to the builder asking him to respond in three days,” said …

Builders get extension to complete pending projects in Noida till Dec 2021
4 years, 7 months ago

Builders get extension to complete pending projects in Noida till Dec 2021

India Today  

The Noida Authority on Tuesday extended the deadline for over a dozen builders to complete the pending projects here by December 31, 2021 under its ''zero period'' policy, an official statement said. According to the zero period policy, announced last December, builders will be exempted from paying penal interest on outstanding land dues for the number of years their projects …

Yogi govt cracks whip on errant developers, orders arrest of 8 Noida builders for failing to deliver flats
7 years, 3 months ago

Yogi govt cracks whip on errant developers, orders arrest of 8 Noida builders for failing to deliver flats

India TV News  

A group of ministers set up by the Yogi Adityanath-led government in Uttar Pradesh to sort out the real estate mess in Noida is learnt to have directed the city administration to arrest eight errant builders for failing to deliver over 5,000 flats to homebuyers. While Noida Authority has conveyed to the committee that 11,000 flats will be delivered in …

Noida DM to homebuyers: Come up with plan to track progress of project
8 years, 5 months ago

Noida DM to homebuyers: Come up with plan to track progress of project

Hindustan Times  

Homebuyers in projects across Noida and Greater Noida who are yet to receive possession of flats in housing complexes met the district magistrate of Gautam Budh Nagar, NP Singh, on Wednesday. Scores of homebuyers, a majority of whom have purchased flats in projects by Amrapali builders, complained about delayed possession, no completion certificate from the authority and a lack of …

Noida authority nod a must for buildings in urban villages
8 years, 9 months ago

Noida authority nod a must for buildings in urban villages

Hindustan Times  

The Noida authority on Tuesday said it has readied new building bylaws to curtail mushrooming unauthorised construction in the urban villages of Noida. Currently, villagers need not obtain a building layout plan approval from the Noida authority. Villagers will be able to get home loans from banks if they build houses or shops after due approval, said Noida authority officials. …

2.5 lakh Noida Extension flats get clearance from NCR planning board
12 years, 7 months ago

2.5 lakh Noida Extension flats get clearance from NCR planning board

India TV News  

Noida, Aug 25: Nearly Rs 15,000 crores invested by builders in Noida Extension building projects will not go waste as the NCR Planning Board on Friday approved the revised draft of the Greater Noida Master Plan-2021. So far buyers have shelled out nearly Rs 1,500 cr for booking the flats.Chaired by Urban Development Minister Kamal Nath, the NCR Planning Board …

Noida Extension Flat Buyers To Move Court
13 years ago

Noida Extension Flat Buyers To Move Court

India TV News  

Noida, Mar 11: Noida Extension Flat Owners and Members Association today decided to take the legal recourse to restart construction work at Noida extension. Among the members present at the meeting were Association founder Devender Kumar, president Abhishek Kumar, vice-president Annu Khan, general secretary Shweta Bharti. Last year, the Allahabad High Court, while staying construction activity, had directed Greater Noida …

Noida Builders Blame Authorities For Crisis
13 years, 8 months ago

Noida Builders Blame Authorities For Crisis

India TV News  

New Delhi, Jul 8: Builders today blamed the Noida and Greater Noida development authorities for the current crisis and warned of similar problems in future due to their faulty land acquisition process. The realtor's apex body, the Confederation of Real Estate Developers' Associations of India, said that the problems were mainly happening due to the use of an ‘emergency clause', …

Noida Builders Get The Shivers After Farmers Stir, HC Order
13 years, 10 months ago

Noida Builders Get The Shivers After Farmers Stir, HC Order

India TV News  

Noida, May 17 : Major real estate players like Amrapali, Unitech, Mahagun and Supertech have already got the shivers as the Allahabad High Court last week struck down land acquisition by the UP government, which was soon followed by fresh farmers' agitation over land acquisition on Monday in Noida Extension. Last week, the Allahabad High Court quashed the acquisition of …

We cannot initiate action by ourselves against erring builders
15 years, 3 months ago

We cannot initiate action by ourselves against erring builders

Hindustan Times  

Many residents of flats erected by private builders say builders have failed to provide them facilities originally promised. They say builders are provided completion certificates even though the situation on ground remains different. Civic agencies should ensure that builder does not get away without providing the residents with what he actually promised. But, GDA cannot initiate suo moto action against …

Discover Related