Gaur Atulyam: Builder and flat buyers disagree over IFMS amount
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Gaur Atulyam: Builder and flat buyers disagree over IFMS amount

This happened in a builder-buyer meeting held at the Greater Noida Authority office

Gaur Atulyam: Builder and flat buyers disagree over IFMS amount

Greater Noida: In a recent meeting held that the Greater Noida Authority office, the builder of Gaur Atulyam Society, Sector Omicron One, Greater Noida, handed over a cheque of Rs 3.63 crore of Interest-Free Maintenance Service [IFMS] to the AoA representatives of the society. The flat owners were not happy with the IFMS amount and pointed that it was not enough. The Greater Noida Authority officials present in the meeting asked both the parties to meet again soon and decide on this issue.

Following the meeting, the representatives of the builder assured the residents to rectify the seepage and other prevalent issues in the housing society by the first week of January.

The meeting took place at the Greater Noida Authority office presided over by Santosh Kumar, OSD of the Authority, and in charge of the builder cell. In this meeting, President AK Singh, Secretary Deepak Chauhan, and Treasurer Alok Pandey were present on behalf of the AOA. Deputy General Manager [DGM] Rakesh Sharma and Ajay Shishodia were present on behalf of the builder.

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The Authority OSD present in the meeting assured the residents that their team will visit the society to inspect whether the said work has been done or not. On the demand of the buyers, the builder has agreed to give details of the expenses incurred on the maintenance of the society in the last three years. The buyers complained that the shops built for the society were not as per the building bylaws. The OSD assured to conduct the investigation according to the approved masterplan.

Deepak Chauhan [41], AOA Secretary, says, “The IFMS amount that the builder has given has not been calculated properly. It should be around Rs 4 crores and not Rs 3.63 crores. We are not satisfied with it. The builder has not kept several of his promises. Seepage is a perennial problem in our society. We are still living with only a temporary power connection as the builder has failed to get us a permanent one till now. There are many more such issues. Most of us received possession in October 2018. But till now, our problems are persistent".