Panic triggered among home-buyers after Noida called project unauthorised
Panic was triggered among hundreds of home-buyers on Sunday after the Noida authority called Iridia group housing project in sector 86 unauthorised.Many home-buyers on Sunday visited the project site and inquired on legality of the land on which the project was being developed.noida Updated: Jan 18, 2015 12:26 IST
Panic was triggered among hundreds of home-buyers on Sunday after the Noida authority called Iridia group housing project in sector 86 unauthorised. Many home-buyers on Sunday visited the project site and inquired on legality of the land on which the project was being developed.
“It is obvious that buyers or investors would visit at site to inquiry whether their investment is safe or not. We have told them not to worry because our land is freehold and the authority will not be able to demolish or stop construction. All visitors returned satisfied,” said a sales executive of the builder, requesting anonymity.
Home-buyers said that why the Noida authority has decided to take action against the Iridia project when the builder has almost completed work at 3 residential towers.
“The authority should have not let the builder start construction on land if the same was a notified land of the authority. Why has the authority woken up now when hundreds of middle-class home-buyers invested their money,” said a buyers, requesting to be quoted.
The Noida authority few days back had lodged FIR against a builder Pratham Height, who was also allegedly building group housing a notified land in Parthla Khanjarpur village.
Besides, hundreds of group housings are being developed in Noida and Greater Noida on village after getting approval from the district panchayat. The authority said these are unauthorised and at the same time the builder keep selling flats in such projects luring middle class buyers.
On September 9, deputy chief executive officer Rajesh Yadav had demolished 2 lakh sqr mtrs area size unauthorised residential project in sector 144 and 150. Later, the authority issued a warning that buyers should stay away from buying homes in such unauthorised projects.
“The authority advise is that a buyer should first check whether a builder has a land for a group housing project or not. Later buyer should figure out that building layout for a group housing is approved from the authority or not. Then he/she should go to buyer a housing. In Noida’s notified area only the Noida authority can approve building layout of a group housing or other project,” said Akhilesh Singh deputy chief executive officer (DCEO), the Noida authority.
In beginning of July, the authority had gone to raze a 6 storey allegedly unauthorised commercial tower in Harola, sector 5. But it had not raze the same after the tower promoter showed court orders. Subsequently the authority had claimed it would demolish the same in next 15 days. But the authority is yet to take any action.