Noida homebuyers file writ against UP RERA in Allahabad High Court

Noida: An association of home buyers in Noida has filed a plea in Allahabad High Court challenging the Real Estate Regulatory Act (RERA) rules notified by the Uttar Pradesh government.
Home buyers have alleged that the government has ignored their interest of home buyers and the rules are more in the favour of builders than the buyers.
The writ has been filed by Noida Extension Flat Owner's Welfare Association (NEFOWA) in the high court saying that the rules have been diluted up to an extend ignoring the interests of a majority of home buyers.
The home buyers have demanded that the rules mentioned in UP-RERA need to be in line same as framed by the Centre.
The honorable high court has also listed their writ numbering 43722/2017 for listening.
"Since the implementation of RERA act in the state we have been expressing our concerns of being ignored in the act.
"The rules of the act will benefit the new buyers but our concern is about the interest of over two lakh home buyers who are still to get the possession of their flats and are going through much financial hardships as they are bearing the dual burden of EMI and rent. Nothing has changed for them even after the implementation of the new act," said Indrish Gupta, Co-founder, NEFOWA.
The Real Estate (Regulation & Development) Act, 2016 came into full force from May 1 2017 and builders had time till July 31 to register their new and ongoing projects with their respective state RERAs.
The act states that the builders who have received or applied for occupation certificate or completion certificate on or before October 27, 2016, are out of the ambit of UP RERA Act.
"At the time of election we were assured by Chief Minister of state Yogi Adityanath and other senior leaders that they will implement the RERA act same as in line of the Centre.
The home buyers have also fought a long battle for the passage of the act in the state but the way it has been implemented in the state has cheated those home buyers who have sought a hope of getting their homes or compensation in case of late delivery. We now hope that the high court will protect the interest of home buyers" added Kumar.
Next Story
Share it