The Noida Authority has sealed over 100 unsold flats of three housing initiatives over non-payment of dues collectively value Rs 1,086 crore, officers mentioned on Friday.
The motion was taken collectively by the departments of group housing, planning and the native work circle of the Noida Authority on Thursday, they mentioned.
“The motion was taken over non-payment of dues by the builders and to expedite the method of registry of properties taken by patrons,” Officer on Special Duty (Group Housing) Prasun Dwivedi mentioned.
A residential tower of Gardenia Aims Developers in Sector 46 has been sealed which has roughly 110 unsold flats. Its mission workplace has additionally been sealed, he mentioned.
At Logix Infrastructure’s mission in Sector 137, two unsold flats, two shops and a advertising and marketing workplace have been sealed. An unsold flat of Gardenia Gateway India’s mission in Sector 75 has additionally been sealed, the officer mentioned.
Gardenia Aims Developers has Rs 603.15 crore due. Logix Infrastructure has to clear Rs 379.65 crore in dues and Gardenia Gateway India owes Rs 103.38 crore in direction of the Noida Authority, the OSD mentioned.
“It can be noteworthy that these builders haven’t utilized within the reschedulement scheme of the authority to expedite the registry of flats of homebuyers,” Mr Dwivedi mentioned, including, “Even after notices despatched to them for restoration of dues, the builders haven’t deposited any cash with the authority.”
The officer mentioned comparable motion would proceed in future towards builders who haven’t cleared dues of the Noida Authority and usually are not expediting the method for the registry of flats.
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