Noida Builders To Face Arrest If Timely Delivery Of Flats Not Done: Industries Minister

The Industrial Development Minister of Uttar Pradesh, Satish Mahana, has said announced that if any developer doesn’t stick to his promise of handing over possession to the homebuyers can be arrested.

The government is ready to take any measure possible to help the homebuyers in resolving their issues. Following the instructions of the Chief Minister of Uttar Pradesh, Yogi Aditya Nath, Mahana has also said that the state government is all set to take even the strictest of measure, which can also include getting the builders arrested, if he fails to fulfill his promise.

This important announcement was made after a vigorous session where both parties – homebuyers and developers- were listened to.

The officials of Noida Authority have been instructed to properly analyze each and every housing project from 24th May. The state government will try to speed up the process of granting the completion certificates to these projects so that the homebuyers can get their properties registered.

The officials have also been asked to be lenient in the starting on this issue. Most of the developers have given the necessary details like tower-wise and phase-wise schedule of possession, which will uploaded on the website only when it is verified. Higher official will analyze the issues minutely and if then any defaults are found, stringent action will be taken.

Out of the total number of housing projects in Noida, which is 112, 44 projects are in the process of receiving the completion certificate, 29 are complete and the rest 39 are facing trouble.

The state government is also planning to address the issues of the entrepreneurs by implementing a new industrial policy.