Give flats to buyers, Raman tells Gr. Noida developers

Greater Noida Authority Chairperson and CEO Rama Raman on Wednesday asked the developers in Greater Noida (West) to resolve all grievances of the buyers at the earliest and start giving them possession of the flats.

Scores of homebuyers had expressed their grievances to Raman at a meeting held with him at Sector 6.”We have asked the developers, who are members of Credai (Confederation of Real Estate Developers Association of India), to speed up their projects and resolve issues related to late delivery, unjustified penalties, changes in layout plans, high interest on late payments, stalled possession, withdrawal of buyer from the project, among others,” Raman said.

Raman assured the homebuyers of his support and “We will do our best to help resolve the issues and in making sure all developers follow ethical practices,” he said.

“We met the buyers and have heard their issues. We hope to mitigate some of their complaints,” Manoj Gaur, President of Credai NCR, said.

Almost 1.5 lakh buyers in Greater Noida (West) have been waiting for their flats for more than four years. They were put on hold after the row over land acquisition broke out in 2011. Nearly two weeks ago, the SC upheld land acquisition by the Greater Noida and Noida Authorities between 2006 and 2009, bringing relief to thousands of home buyers who had invested in the area.