Yogi Adityanath government has ordered the auditing of residential projects under construction in Noida and Greater Noida. Chief Minister Rajiv Kumar issued this directive after a meeting was held in Lucknow to discuss the pending flats booked for years. The meetings included Mukul Singhal, Alok Sinha and Hemant Kumar, chief secretaries of housing, industries and stamps and registrations respectively. Apart from them, officials of the Greater Noida Industrial Development Authority are also present in the meeting.
CEOs of Noida and Greater Noida Authority will now meet many real estate companies, including Amrapali on August 16 and 18. The director of Amrapali handed over his passports to the administration this week to give confidence to the buyers.
Noida CEO Amit Mohan Prasad said, “The directives of the Chief Secretary are absolutely clear. We have been asked to improve the situation and ensure the interest of home buyers at all times. ” He said, “We have convened a meeting of 36 builders on August 16 and 18 whose projects have not yet been completed. In May this year, we had the last meeting with these builders. We will continue to take this information further and will review the progress once again and see if the builders have given us delivery at the right time according to the promise made to us. We have also been instructed to take strict action on the builders who will not give necessary information. Such cases will be referred to RERA.
Prasad said, ” about the problems facing the Amrapali Group and the growing rage in its investors, Amrapali Group is a big defaulter and there is no dues of about Rs 1,200 crore in Noida. We want to audit the company’s account so that we can know about the purpose of completing the project, providing the home to the buyers and repaying our dues. ”
Amrapali Group has to deliver more than 30,000 flats in Noida and Greater Noida. At the same time, he has to pay Rs 2,000 crore to GNIDA. Amrapali officials say that the company is committed to fulfilling all its under construction projects. For this, the company is trying to raise money from its land and seek the help of some other developers.