NOIDA: A day after scores of homebuyers of Ridge Residency Today Homes were assured by the developer of a phased completion plan for the 18 under-construction towers, the Noida Authority sealed 27 unsold flats and two site offices of the project on Friday.
The action was taken under Section 40 of the Industrial Development Act, 1976, which gives the Authority the right to recover its dues after attaching the property allotted by it.
According to officials of Noida Authority, the developer has an outstanding amount of Rs 23 crore which they have failed to pay. "There are 150 families staying at the project in four towers, which have been completed," A K Rai, additional CEO, Noida Authority told TOI. "Despite repeated requests by the residents and by us, power is being supplied through disel gensets, sewage is being let out in the open and garbage is being dumped in the green area. In addition to the lack of maintenance, builder is also not getting property registered in the name of its residents. These are serious violations and we have therefore taken action," he said. On Friday, a team sealed 27 flats and two site offices at the premises of the project located in Sector 135.
Launched in 2011, the apartments are overdue by several years. Of the total 18 towers, the builder has got completion and occupancy for only four towers.
The buyers are agitating for their homes, which are overdue for more than 3 years and have also lodged an FIR against the builder. When contacted, the builder condemned the action by Noida Authority. "The action has been wrongly taken. How can they seal our property a day after they held a meeting with us and assured us they would give us time till December 15 to provide a timeline for completion of our ongoing projects? All action was to be kept in abeyance till then. As far as the outstanding is concerned, we have to pay only our last instalment. The Authority has not given us any time limit to pay this amount," said a senior manager of the company.
Meanwhile, the additional CEO said that more action against defaulter builders is on the cards. "We have already sent out notices to 40 developers to pay up within 15 days or face action including sealing of property to recover dues. These are those builders whose default amount is between Rs 5 and 100 crore," Rai said.
The action was taken under Section 40 of the Industrial Development Act, 1976, which gives the Authority the right to recover its dues after attaching the property allotted by it.
According to officials of Noida Authority, the developer has an outstanding amount of Rs 23 crore which they have failed to pay. "There are 150 families staying at the project in four towers, which have been completed," A K Rai, additional CEO, Noida Authority told TOI. "Despite repeated requests by the residents and by us, power is being supplied through disel gensets, sewage is being let out in the open and garbage is being dumped in the green area. In addition to the lack of maintenance, builder is also not getting property registered in the name of its residents. These are serious violations and we have therefore taken action," he said. On Friday, a team sealed 27 flats and two site offices at the premises of the project located in Sector 135.
Launched in 2011, the apartments are overdue by several years. Of the total 18 towers, the builder has got completion and occupancy for only four towers.
The buyers are agitating for their homes, which are overdue for more than 3 years and have also lodged an FIR against the builder. When contacted, the builder condemned the action by Noida Authority. "The action has been wrongly taken. How can they seal our property a day after they held a meeting with us and assured us they would give us time till December 15 to provide a timeline for completion of our ongoing projects? All action was to be kept in abeyance till then. As far as the outstanding is concerned, we have to pay only our last instalment. The Authority has not given us any time limit to pay this amount," said a senior manager of the company.
Meanwhile, the additional CEO said that more action against defaulter builders is on the cards. "We have already sent out notices to 40 developers to pay up within 15 days or face action including sealing of property to recover dues. These are those builders whose default amount is between Rs 5 and 100 crore," Rai said.
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