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As thousands of investors allege lack of basic amenities and delay in handing over of flats, realtors having taken up group housing projects in Noida and Greater Noida, are facing the heat not just from home buyers but the administration and even the legal system. Citing ambiguity in norms and multiplicity of agencies which need to be approached for clearances for their projects, the builders maintain that with increased consultations between the three stakeholders —investors, realtors and the Authorities — hiccups in these projects are likely to be resolved soon.
“We held meetings with both GNIDA and Noida Authority heads last month during which steps were taken to ensure that there is no delay in handing over of flats to investors. Earlier, all builders faced general problems stemming from the orders by the National Green Tribunal, or the land acquisition issue prior to that. However, those problems have been resolved now. The main issue relates to delay in possession of flats. This is either because builders have not paid dues to the Authority or the project has not been completed on time,” said Manoj Gaur, Confederation of Real Estate Developers’ Association of India (CREDAI) NCR President and head of Gaursons India Limited.
According to CREDAI, following meetings with the authorities, the process of issuing completion certificates has been streamlined. “The Authority has given some relief to builders by rescheduling the payment process so that completion certificates can be issued. There used to be procedural delays in getting clearances from various departments not just within the Authority but also outside. Builders had requested that the process be streamlined and we have been assured this is being done. Another step taken by the authorities is that instead of waiting for a final completion certificate for a group housing project, partial completion certificates are being issued for phases of construction which have taken place. This ensures that home buyers whose flats are ready for possession do
not need to wait for the entire project to be completed before moving into their flats,” Gaur added.
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However, home buyers who have moved into partially completed projects complained about lack of amenities, one such complaint coming from Gaur City in Noida Extension.
While a section of residents maintained they have been denied access to a stadium in the society, Gaur maintained, “Some people had been demanding that they be provided access to it for free. It is a day and night world-class football stadium which operates on a membership basis. The society has a city-level club and three city-level parks which investors have access to. Gaursons has not faced any problems in getting completion certificates… We received around 8,000 completion certificates within a year and around 5,000 families have already shifted.”
Meanwhile, as home buyers investing in numerous group housing projects of Supertech group complained about delay in possession of flats and lack of amenities, the builder maintained that there was no major problems in providing amenities.
“All facilities have been provided at Czar such as a club, pools, etc. But because that project is not complete and some construction work remains. There might be minor issues… We did face some hurdles when the matter relating to the project reached the high court and the NGT orders had an impact in 2014-15. But we are trying to give possession as soon as possible. In two years, we handed over 16,000 flats to home buyers, this year we aim to give around 12,000. We hope to clear the backlog,” said R K Arora, Chairman, Supertech Limited.