Till date, the amount of money deposited by the homebuyers is Rs.61 crore. On the other hand, the dues which the builder owes to the society are Rs. 85 crore including the interest. The builder has been instructed to provide a schedule of tower-wise completion to the Authority which will be then shared with the buyers. The developer will have to provide a list which tells all the flats which are sold out and the amount of money received through each of them, so that a proper audit can be conducted.
The sanction as received by the builder was for 852 flats in total of 10 towers but completion was submitted for only nine towers. All the formalities were not looked after by the developer and therefore, the delay in completion certificate till date. However, the builder now has assured to complete the formalities within 30 days and has promised to work towards the complaints of the buyers.
The builder is also instructed to provide the plan in detail on how he is going to use his resources to complete the tower. The site will also be scrutinized by the officers of the Noida Authority to inspect the quality of the construction.
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