Millennium Post

Noida authorities to hold meetings with builders

Greater Noida/Noida: Following the directions from Uttar Pradesh Chief Minister Yogi Adityanath, the three authorities of Noida and Greater Noida are mulling hard to implement a much affective work plan to make 50,000 flats available to the buyers in the next three months.
In the wake of which the Noida, Greater Noida and Yamuna Expressway authorities have decided to hold meetings with the builders from Friday which will be focused on to discuss all the possible way out which can be implemented to overcome the issues.
"We will implement CM's directions. We have called upon a meeting with the builders on Saturday. We will first discuss with them their work plan then will try to sort out ways if they are facing any issues. Hopefully we will come out with something concrete to make clear ways for the handover of fifty thousand unites in next three months. We are also focused on home buyers as they have been harassed by the builders since past many years," said a senior official of Noida authority.
Meanwhile, CREDAI has also stepped in to resolve the woes of homebuyers who are suffering delays in delivery of flats and are now faced with losing out to secured creditors under insolvency procedure.
The decision has also given a major relief to the home buyers.
"It is a great relief to the buyers. We hope the execution now takes place in a smooth manner. We also hope that the quality of construction is not compromised if it comes to the handover of a large number of units in a short span of time," said Indrish Gupta, co-founder, Noida Extension Flat Owner's Welfare Association (NEFOWA)
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