78 home-buyers in Noida Sec 107 get flat registry
7 months, 3 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 in Sector 33, officials said. We are in touch with all kinds of defaulting realtors who need to clear dues and become eligible for registry,” said Lokesh M. This is the second camp that the authority has set up after the first camp in a Sector 77 society before the Lok Sabha elections. The Uttar Pradesh government on December 21, 2023, announced a scheme to address realty woes and directed the Noida authority to take up the policy to make defaulters pay part of the dues in 60 days and then execute flat registry within three months. According to the scheme, if a developer defaults from paying ₹100 crore in a stalled realty project then he will have to pay ₹25 crore upfront to become eligible for the multiple benefits that include permission to execute registry in the name of the buyers, mortgage permission and additional time to build, and he will have to pay ₹75 crore of the remaining defaulted amount in one year.

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History of this topic

Noida: Realtors asked to execute registry to homebuyers by Dec 31
2 weeks, 4 days 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 …

Greater Noida: 800 apartments get registry permission after 27 years
3 months ago

Greater Noida: 800 apartments get registry permission after 27 years

Hindustan Times  

GREATER NOIDA: The Greater Noida authority has issued permission for the registry of at least 800 apartments after a 27-year impasse as it resolved a long-standing legal hurdles, officials said on Sunday, adding that due to legal disputes among its members, the authority had not issued “completion certificate” to Senior Citizen Home Complex Welfare Society,thereby delaying the registries. The authority …

Greater Noida body warns builders to initiate flat registry in 15 days
3 months, 2 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 …

NCR real estate news: Developers demand more time, waivers to complete stuck housing projects
3 months, 3 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 authority to act against 12 realtors for not paying dues
7 months ago

Noida authority to act against 12 realtors for not paying dues

Hindustan Times  

The Noida authority on Thursday said it has decided to take stringent action against realtors who are yet to clear their land dues, despite the government announcing a policy last December that gave builders a chance to avail of rebates on interest rates and clear dues. There are 57 defaulter projects in Noida, and of these, developers of around 30 …

Noida directs real estate developers to pay dues, obtain registry permission
7 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
7 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
7 months, 2 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
7 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 …

Noida: Proposal for homeowners to pay more for registering flats mooted
7 months, 3 weeks 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, …

Noida directs 42 real estate developers to clear dues; obtain permission for executing registry
8 months, 1 week ago

Noida directs 42 real estate developers to clear dues; obtain permission for executing registry

Hindustan Times  

The Noida authority has directed 42 of the 57 realtors to pay their dues and obtain permission for executing registry, thereby offering relief to homebuyers who have been waiting for long to transfer flats to their names. The Noida authority said in the meeting, it was confirmed that 42 of 57 realtors have given their consent to make payment of …

Noida and Greater Noida flat registries: 5 things homebuyers should know
8 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
8 months, 3 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
8 months, 3 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
9 months, 3 weeks 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” …

Registry camp for flat owners begins in Noida’s Sector 77
9 months, 3 weeks ago

Registry camp for flat owners begins in Noida’s Sector 77

Hindustan Times  

The Noida authority on Friday set up a camp at city’s Express Zenith housing society in Sector 77 to execute tripartite sub-lease deed with an aim to transfer the property title to homebuyers, who have been waiting since the past many years to get their houses. Uttar Pradesh government in December 2023 brought out a new realty policy, offering waivers …

Builders agree to pay dues, Noida authority gives nod to process registries of 13,600 flats
9 months, 4 weeks 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: Feb 22 is last date to take waiver and clear dues, realtors told
10 months, 1 week ago

Noida: Feb 22 is last date to take waiver and clear dues, realtors told

Hindustan Times  

The Noida authority has fixed February 22 as the last date for realtors to accept a waiver and clear their land cost dues in accordance with the terms of a realty policy, notified by the Uttar Pradesh government last December, officials in the know of the matter said on Thursday. “We have fixed February 22, 2024, as the last date …

Five real estate developers in Noida pay their land dues, obtain permission for registration of housing units
10 months, 4 weeks ago

Five real estate developers in Noida pay their land dues, obtain permission for registration of housing units

Hindustan Times  

In a move that could bring relief to homebuyers, at least five real estate developers have paid a portion of their land dues and obtained permission for executing registries of 1084 apartments in Noida, officials in the authority in the know of the matter said. In a move that could bring relief to homebuyers, at least five real estate developers …

Noida to give nod for execution of registries of 3,000 flats in 31 unfinished projects
11 months, 1 week 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 …

Greater Noida authority holds meeting with realtors
11 months, 2 weeks ago

Greater Noida authority holds meeting with realtors

Hindustan Times  

Uttar Pradesh additional chief secretary Manoj Kumar Singh, who is also chairman for the Greater Noida authority, on Sunday met 52 realtors and directed them to make use of the recently announced policy to address the financial issues being faced by the real estate sector. The Noida authority directed the promoters to make use of the recently announced policy to …

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