Amrapali projects seem to be the biggest troublemaker in property purchase history. Around 6000 homebuyers of Amrapali properties have asked the Uttar Pradhesh Government not to involve builders’ body CREDAI in the completion of the under construction projects and demanded assurances for the guideline to complete the rest of the productions.
An eight-member committal from various Amrapali projects met UP urban housing minister Suresh Khanna and proposed the government to bring state-run firms such as National Buildings Construction Corporation (NBCC) and Housing and Urban Development Corporation (HUDCO) to take over all the projects of Amrapali.
Mr. Rahul Kashyap from Amrapali Dream Valley project, an attendant member of the following meeting claimed, "It (CREDAI) itself is a builder lobby and has not even taken a single action in favour of homebuyers so far."
A three member panel constituted by the UP government to rack up this builder-buyer spat that had declared co-developers’ participation in the completion of the major unfinished projects. Again the Builders body Confederation of Real Estate Developers' Associations of India (CREDAI) also suggested to het members or non-members to show up as investors or co-developers.
Yogi Adityanath, chief minister of Uttar Pradesh on Tuesday had also asked developers to ensure 50,000 apartments get delivered in the coming three months, ordering Noida, Greater Noida and Yamuna Expressway authorities to make possible the hand over procedure.
Homebuyers of several Amrapali projects has also seek clarification on what will happen to those projects where the construction has just competed to 20-30% and for those where the construction process has even not started at all.
Hitesh Nakhasi, another Amrapali home buyer said, “We also clarification on the fast process of registries of those flat owners who had received the possession letters but are unable to complete the registration due to heavy dues Amrapali is supposed to pay to the authorities."
A total 13 FIR has been launched against six builders including Amrapali and Supertech. Yet, homebuyers had claimed that no actions had been taken so far against the incriminated people. They also demanded clarification on how would the government co-ordinate with the banks and HFCs for stop calculating EMIs and interests till the time possession will be allotted.
Reportedly Amrapali homebuyers had been on strike since Aug 12. If the outcome of this meeting with government wouldn’t satisfy their need, the buyers are on their toes to take their strike to the higher authority in order to secure their interest. They claimed that they had spent 8 long years with verbal assurance and now they seek everything penned.
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An eight-member committal from various Amrapali projects met UP urban housing minister Suresh Khanna and proposed the government to bring state-run firms such as National Buildings Construction Corporation (NBCC) and Housing and Urban Development Corporation (HUDCO) to take over all the projects of Amrapali.
Mr. Rahul Kashyap from Amrapali Dream Valley project, an attendant member of the following meeting claimed, "It (CREDAI) itself is a builder lobby and has not even taken a single action in favour of homebuyers so far."
A three member panel constituted by the UP government to rack up this builder-buyer spat that had declared co-developers’ participation in the completion of the major unfinished projects. Again the Builders body Confederation of Real Estate Developers' Associations of India (CREDAI) also suggested to het members or non-members to show up as investors or co-developers.
Yogi Adityanath, chief minister of Uttar Pradesh on Tuesday had also asked developers to ensure 50,000 apartments get delivered in the coming three months, ordering Noida, Greater Noida and Yamuna Expressway authorities to make possible the hand over procedure.
Homebuyers of several Amrapali projects has also seek clarification on what will happen to those projects where the construction has just competed to 20-30% and for those where the construction process has even not started at all.
Hitesh Nakhasi, another Amrapali home buyer said, “We also clarification on the fast process of registries of those flat owners who had received the possession letters but are unable to complete the registration due to heavy dues Amrapali is supposed to pay to the authorities."
A total 13 FIR has been launched against six builders including Amrapali and Supertech. Yet, homebuyers had claimed that no actions had been taken so far against the incriminated people. They also demanded clarification on how would the government co-ordinate with the banks and HFCs for stop calculating EMIs and interests till the time possession will be allotted.
Reportedly Amrapali homebuyers had been on strike since Aug 12. If the outcome of this meeting with government wouldn’t satisfy their need, the buyers are on their toes to take their strike to the higher authority in order to secure their interest. They claimed that they had spent 8 long years with verbal assurance and now they seek everything penned.
-LNN (Liyans News Network)- Leading property portal in Kolkata with 8 lacs + verified listing. Buy/Sell/Rent real estate online. Free and easy property solution for any kind of real estate requirement. Residential/Commercial/Land/Retail- complete real estate solution.