Flat delivery plan to be ready by Thursday, promises Noida CEO
According to the details provided by builders till Tuesday, Noida builders have assured delivery of 28,000 flats in the next two to three months, said officials.noida Updated: Sep 20, 2017 21:05 IST
The action plan on timebound delivery of flats in Noida is ready and will be sent today, the Noida authority chief executive officer (CEO) Alok Tandon said on Wednesday, adding that the development body is compiling reports sent by builders.
While the Greater Noida authority sent its action plan on Tuesday evening, the Yamuna Expressway authority said it will send its report by Monday.
“We are yet to finalise flat delivery action plan. Chairman will review the report on Monday and then we will send it. We have 6,000 flats scheduled for delivery,” said Shailendra Bhatia officer on special duty with the Yamuna Expressway industrial development authority.
The Noida CEO said the authority is compiling plans submitted by different builders. “Some builders had given their flat delivery plan by Tuesday and some gave the same on Wednesday. We are compiling the action plan of builders. We will send the same to the government by Thursday evening,” Tandon said.
The report will contain details of the builders responsible, number of flats that will be delivered and when, Tandon said.
According to the details provided by builders till Tuesday, Noida builders have assured delivery of 28,000 flats in the next two to three months, said officials.
Greater Noida authority CEO Debasish Panda promised complete cooperation to builders for fast delivery of flats, but put the onus on developers. “We have an open house to address issues of each builder seeking occupancy certificate; we can help builders expedite delivery. But ultimately it is them who need to finish the projects. If they submit necessary documents soon and provide the basic facilities in towers, flats can be delivered even before the scheduled deadline,” he said.
According to the report submitted by the Greater Noida authority, a total of 21,563 flats in 29 housing projects will be delivered by the end of March, 2018. The Greater Noida authority promises 7,460 flats by October end, 5,334 by end of December and 8,769 by end of March next year.
The action plan also states that delivery of flats is subject to builders’ compliance with the dates.
Meanwhile, officials expressed doubt over builders sticking to the deadlines. They said delivery 50,000 flats in two months is close to impossible as builders have not developed common facilities such as water supply connections, roads, elevators, community centres, etc.
“Flats cannot be delivered until the builders get funds to finish services. Those builders, who made promises, have nothing to do with the stuck realty projects,” said a Noida authority official.
However, the Confederation of Real Estate Developers Association of India (CREDAI), a builders’ body, assured the chief minister that they will ensure delivery of 50,000 flats in next two months.
On September 12, chief minister Yogi Adityanath in a meeting in Lucknow directed top officials of the Noida, Greater Noida and Yamuna Expressway to deliver 50,000 flats in the next two months.
Yogi’s instructions came in response to the long-standing demand by homebuyers who have been waiting to get possession of their flats for the past three to seven years. Majority homebuyers have even paid the flat cost in full but the builders have failed to finish their housing projects, citing fund crunch amid slowdown in the realty market.