Noida Authority Seals Unsold Flats Over Non-payment of Dues
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Noida Authority Seals Unsold Flats Over Non-payment of Dues

Noida Authority has taken strict action against the builders for non-payment of dues

Noida Authority Seals Unsold Flats Over Non-payment of Dues

Noida: The Noida Authority has taken strict action against the builders for non-payment of dues. The authority has sealed unsold flats and towers of Gardenia AIMS Developers Pvt Ltd Noida Sector-46, Logix Infrastructure Pvt Ltd Noida Sector-137, and Gardenia Gateway India Ltd Noida Sector-75.

In Gardenia AIMS Developers' authority sealed Tower D-2 and 110 unsold flats. In Logix Infrastructure authority sealed two unsold flats, two stores, and a marketing office. And, in Gardenia Gateway authority sealed one unsold flat.

Prasun Dwivedi, the OSD (Officer on Special Duty) of Group Housing of the Noida Authority said, “Builders are not paying the dues to the authority as a result registry of buyers is not being done."

He added, “Gardenia AIMS Developers Pvt Ltd is built on Sector-46 GH-01. The allotment of this project was given on September 03, 2009. 20 towers are approved for this. The builder owes 603.15 crore rupees to the Noida Authority.”

Logix Infrastructure Pvt Ltd's project in Sector-137 GH-2 has an outstanding of Rs 379.65 crore till March 31.

In Gardenia Gateway the builder owes Rs 103.38 crore.