Uttar Pradesh’s Chief Minister Yogi Adityanath has warned real estate builders that if 1.5 lakh buyers do not give the flat soon, action will be taken against them. The Chief Minister said that at this time real estate businessmen face the challenge of meeting the trust. He said, “The state government has four months experience that there is a big problem between builders and buyers in the state.”
The chief minister said in the conference organized by the Confederation of Real Estate Developers Association of India (CREDAI), “The real estate sector is one of the biggest crises to leave schemes half-incomplete. This problem is coming out in Noida and Greater Noida. Nearly 1.5 lakh buyers are unable to get the house even after paying the money. This has created a crisis of credibility. On the efforts of the state government, some builders adopted a positive attitude and fixed the deadline for housing, while some builders are not taking any steps. The state government will have to take a tough step to not go through the dialogue. The government has an appeal that action status should not arise. ”
The Chief Minister said that the second major problem is the creation of unauthorized colonies. Colonies are made without the development of facilities like electricity, water, roads, sewer, drainage etc. by the developers. Later, these colonies are run by the corporation or development authority etc., for the development of these colonies. He said that the person coming to the basic infrastructure in the urban areas becomes victim of the disease and the fault comes to the government that he is not doing anything, while the development of these unauthorized colonies requires a large amount of capital. Such a situation needs to be stopped.
Yogi said that keeping in view the objective of providing housing to all by Prime Minister Narendra Modi by 2022, the state government wants to build more and more houses. Under the Pradhanmantri Awas Yojana (Rural), there is a target to construct 10 lakh houses, out of which 6 lakh families have been identified and allocations have been made.
The Chief Minister said that for the Prime Minister’s Housing Scheme (Urban) the State Government has set a target to construct two lakh houses. Under this scheme Rs.1.5 lakhs are given by the Central Government and a sum of one lakh rupees, by the state government, amounting to Rs. 2.5 lakhs is given. Yogi said that the state government has implemented the ‘Rarea’ law of the central government in the state. Expressing happiness over the cooperation and support of the real estate sector in this decision of the state government, he said that this law has arranged online registration. Its portal will also be started on July 26.