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Supreme Court Order Gives Relief To Builders In India: If you are planning to buy your dream home in Noida, then you must read this news. A decision of the Supreme Court has increased the difficulties of flat buyers in Noida even more. The Supreme Court has withdrawn its order of the year 2020. In which the Noida and Greater Noida authorities had fixed a lower interest rate for builders in cases of payment of dues. This decision has increased the problems of flat buyers.
Danger on the registry of flats
The liability of Noida Authority is about 20 thousand crore rupees and Greater Noida Authority 9,190 crore rupees is coming out on builders. If the flat buyers feel that the builder does not pay the dues of the authority, then the flat buyer will have to bear the brunt of it. The flats of the buyers who have paid their full amount will not be registered. The anger among the buyers is increasing due to not getting the ownership rights even after paying the full price of their flats.
protest on social media
The Flat Owners Federation has prepared to take out a car rally against the 3 authorities for the registry. Advocate Naveen Dubey, founder of the Flat Owners Federation, says that a campaign is being run on social media. Registry of flats is not being done in Noida, Greater Noida and Yamuna Development Authority areas. The authority owes to the builders. He said that the buyers have paid the full cost of their flats, but the registration of the flat is not being done.
There will be protest on the streets
Dubey said that, now a plan is being made to take out a car rally. He said that 3 rallies will be held from Noida Extension, Greater Noida and Seven X Society. All the three rallies will simultaneously reach the Collectorate at Surajpur and a memorandum related to their demands will be handed over there.
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