Recently, many residents reached out to the Greater Noida Industrial Development Authority GNIDA, complaining about builders and AOAs overcharging for issuing No Objection Certificates (NOC) required for transferring the property from owners who wish to sell their properties. Thereafter, the authority has warned 120 builders and AOA regarding overcharging any extra fees apart from maintenance from flat owners, who wish to sell their properties.
Allegedly, in some cases, the associations have demanded amounts as high as Rs 2 lakh for issuing NOC. GNIDA has termed this practice illegal and called it an act of corruption.
Surendra Singh, the CEO of GNIDA says, "As many as 120 builders and AOAs have received warning letters from the authority. Under this, any extra amount other than the maintenance fee will attract strict legal action. Moreover, if a builder fails to issue a NOC within 15 days from the application’s date or to inform about the non-issuance of the certificate, the authority will consider it as deemed approval. The owner will be allowed to transfer the property under Section 39 of the UP Apartment Act."
Greater Noida residents have welcomed this action with open arms. Abhishek Kumar, President, NEFOWA says, “ This kind of overcharging was simply illegal and we raised this concern many times with the Greater Noida Authority. We are happy with this decision.”
Manish Kumar, Senior VP, NEFOWA says,
“As per UP Apartment Act, any AOA is authorized to charge only 0.5% of the flat sale value to give NOC for flat sale. The builder should also be ordered to charge that amount rather than seeking an extra 2-3 lakh on any flat transfer case. Any amount over and above 0.5% of flat sale value should be termed illegal and unjustified.”
Anurag Khare, President AOA, Devika Gold Homes says,
“Right now, the work of issuing NOC in Devika Gold Homes is being done by the builder itself, in which he is collecting a hefty amount from both the buyers and sellers."
He continues, "I believe that no AOA or builder has the right to charge more than the amount prescribed by the government for the grant of the No Objection Certificate (0.5% of the total value). If anyone does this strict action should be taken against him.”