Authority boosts homebuyers' confidence with publication of builder profiles
Welcome To CitySpidey

Location

Authority boosts homebuyers' confidence with publication of builder profiles

This move is aimed at providing transparency and giving more power to homebuyers

Authority boosts homebuyers' confidence with publication of builder profiles

The Noida Authority has taken steps to protect homebuyers from fraud by publishing the project profile of builders on its website. This move is aimed at providing transparency and giving more power to homebuyers. With just a click, prospective buyers can access information about the developer and their project to avoid falling victim to scams. The website also provides contact numbers for complaints.

The GautamBudh Nagar district in Uttar Pradesh has a reputation for being a hub of fraudulent activities in the real estate industry. Many homebuyers have paid for their apartments but have not received them. Despite paying 100% of the cost of the house, they are still waiting. Consequently, numerous cases are currently pending in court.

To address this issue, the Noida Authority has published all cases related to the builder and their project on their website. The information available on the website includes the status of the project, what has been completed, what remains, and other details about the builder. The website will be updated periodically to provide up-to-date information. CEO Ritu Maheshwari also explained that the site includes information about the number of units allocated to the builders, how much is due, and other relevant details until the lease is signed.

If further information is required, individuals can contact the Noida Authority on 0120-2425025, 26, 27 from Monday to Friday between 9 am and 6 pm. Homebuyers can also send complaints to 92055-59204, providing their name and address, and action will be taken on their complaint.