A high-power committee of ministers formed by UP CM, Yogi Adityanath, which has been investigating the causes of the Amrapali fiasco, has categorically asked homebuyers to pay their remaining amounts only at the time of possession.
This mandate was pronounced yesterday at the auditorium of GB Nagar University (in Greater Noida), in the presence of a gathering of homebuyers and media representatives.
The high Cpowered Committee consisting of Suresh Khanna, Minister for Urban Development; Satish Mahana, Minister for Industrial Development and Suresh Rana, Minister in charge of Sugarcane Development and Sugar Industry however, stated that in case an individual buyer wants his property to be registered with the Registrar in the Department of Revenue, he shall have to clear all the dues against his booked flat.
Khanna said that the committee has interacted with nearly 200 homebuyers of different housing projects during the last two days and gathered that most buyers desire possession at the earliest. Many of these buyers had booked flats in Amrapali, Jaypee and Unitech groups.
“The Amrapali Group was supposed to grant possession of 40, 000 flats to individuals buyers. Since this has not happened, the government is now mandating a time frame of two years. Within this period all the 40, 000 homebuyers should get their flats,” Khanna explained.
The minister further informed that developers of Jaypee have already agreed to start giving possession. The group has committed that every month from coming November; possession shall be given to around 600 buyers.
The story is a little different for Unitech. This group has proposed to surrender the plots allotted to them for developing projects across Noida and Greater Noida. They said that currently the legalities are being worked out and a decision shall be taken accordingly.
