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UP RERA Tells 6 Builders To Handover 4220 Flats By December 2019

Published on 13 Dec 2018 by Shivi

The Greater Noida bench of UP Real Estate Regulatory Authority (UP-RERA) directed six builders on Wednesday to hand over 4,299 flats to buyers by December 2019.

The bench passed the order during a review of pending deliveries of six builders and held them accountable for the delay. Officials of Greater Noida Industrial Development Authority were also present.

The builders are Capital Infra Home Pvt. Ltd (1,056 flats), Assotech Windsor Court (994 flats), Devika Gold Homz Pvt. Ltd (709 flats), Jatasya Promoter Pvt. Ltd (438 flats), Nivas Promoters Pvt. Ltd (260 flats) and JM Housing (834 flats).

Balwinder Kumar, member, UP-RERA, said, "The total number of flats that are due for delivery from these builders is over 4,200. They have applied for completion certificates and some of these will be delivered by the end of this year. The rest should be delivered by December 2019."

READ: Complaint Under RERA Against A Builder

This is the second round of reviews of pending deliveries carried out by UP-RERA. In a review earlier, the regulatory body had identified 21,000 flats overdue in projects by seven builders in Noida and Greater Noida.

In the day, the UP-Rera’s Greater Noida bench also constituted a three-member committee- with a RERA member as conciliatory and representation from builders and buyers- to drive the completion of Gayatri Aura apartments in Greater Noida West. “The committee will tackle the financial transactions of this project. The success of this project will pave the way for future where micro-committees like these will be created with RERA playing a conciliatory role to drive individual projects to completion,” Kumar added.


Tags: Complaint Under RERA 

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