To make the feelings of bitterness and distrust to vanish between the builders and homebuyers, the Greater Noida Industrial Development Authority (GNIDA) conducted a meeting with developers. After the meeting, developers presented a road map to give the housing units to the homebuyers.
The main motive behind conducting the meeting was to make the builders give an obligated time-period for delivery of residential units to the homebuyers. As per the officials of GNIDA, builders have promised to hand over the possession of around 7200 housing units by end of this year. The road map presented by the builders will be closely analyzed and scrutinized by the Authority.
The builders, who have been at the receiving end of all the bashing from a long time, also discussed the issues that they are facing. The ones which are facing some serious and genuine problems will be helped in resolving them.
The condition of 14 residential projects was analyzed. A report of each of these projects has also been submitted by the developers which includes information like number of units sold, number of bookings, estimated possession date etc.
All the 14 builders have made their promise in written to the authority. Every project will be looked into separately and they will be provided with help to solve the problems of Occupancy Certificates, completion etc. The most important instruction given to the builders is not to make any kind of delays in delivering the possession.
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