The Federation of Apartment Owners’ Association (Fed AOA) has composed to Uttar Pradesh boss pastor Akhilesh Yadav, looking for his mediation for the benefit of lakhs of homebuyers in Ghaziabad, Noida and Greater Noida who are enduring because of deferral in activities. It likewise asked him to shape a unique group to check resources and liabilities of developers who neglected to convey ventures on time.
“The extent of the issue could be gaged from the way that in Ghaziabad, Noida and Greater Noida more than 78% of around 400 tasks are deferred. Accordingly, lakhs of purchasers are compelled to pay rent and EMI throughout recent years and that is influencing their month to month spending plan,” said Alok Kumar, president, Fed AOA. “Notwithstanding this, 80% of the gathering lodging ventures where individuals are living, do no have fulfillment authentications issued by the recommended Authority.”
He said an uncommon cell will empower the legislature to determine whether the undertaking postponements are purposeful and the blundering developers can be punished as needs be.