After the Uttar Pradesh housing and urban planning department rolled out the UP Real Estate (Regulation and Development) Rules, 2016, last November, the stage is set for formation of a real estate regulatory authority (RERA).(Sunil Ghosh/HT)
After the Uttar Pradesh housing and urban planning department rolled out the UP Real Estate (Regulation and Development) Rules, 2016, last November, the stage is set for formation of a real estate regulatory authority (RERA).(Sunil Ghosh/HT)

Noida MLA Pankaj Singh says homebuyers’ issues is a top priority

Newly elected MLA Pankaj Singh, who is also the Bharatiya Janata Party (BJP) general secretary in Uttar Pradesh, said one of his top priorities is to address issues faced by homebuyers in his constituency.
By Vinod Rajput | Hindustan Times, Noida
UPDATED ON MAR 24, 2017 07:41 AM IST

Newly elected MLA Pankaj Singh, who is also the Bharatiya Janata Party (BJP) general secretary in Uttar Pradesh, said one of his top priorities is to address issues faced by homebuyers in his constituency.

Homebuyers in Noida, Greater Noida and Yamuna Expressway areas have been left in the lurch for four to five years as builders have failed to deliver houses on time citing a slowdown in the realty market. There are 86 under-construction group housing projects in Noida, 95 in Greater Noida and 13 in Yamuna Expressway area that are running far behind schedule.

Before the assembly elections, the Noida Extension flat owners’ welfare association (Nefowa), a homebuyers’ group, had threatened to boycott elections because nobody at the state or Centre had addressed their grievances. However, Pankaj Singh and his father, Union home minister Rajnath Singh, met them and assured them of addressing their problems if the party came to power in the state.

“I will become the voice of aggrieved homebuyers and do my best to ensure they get justice. People have put in their hard-earned money to buy their dream home and now they suffer for no fault of theirs. It is very saddening. The BJP government will take all possible steps to ensure justice to homebuyers,” said Pankaj.

After the Uttar Pradesh housing and urban planning department rolled out the UP Real Estate (Regulation and Development) Rules, 2016, last November, the stage is set for formation of a real estate regulatory authority (RERA).

“Our (BJP) government at the Centre had finalised the rules under the landmark realty law. It will not only protect new homebuyers from unscrupulous developers, but will also safeguard the interests of allottees (homebuyers) of ongoing projects. We will soon form a real estate regulatory authority that will ensure justice to homebuyers. We will not delay formation of the authority that aims to work for the benefit of the public,” he added.

Homebuyers feel the regulatory authority will keep a check on developers who have collected total flat cost, but are yet to complete their projects.

“We did not boycott the elections as Rajnath Singh and Pankaj Singh promised to get us justice. We have big hopes from the BJP government and Pankaj Singh. We hope the new government in UP addresses our issues soon as we have suffered enough,” said Abhishek Kumar, president, Nefowa.

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