Will Shubhkamna Tech Homes flat buyers finally be smiling?
Will Shubhkamna Tech Homes flat buyers finally be smiling?
Avishek Dubey
Will Shubhkamna Tech Homes flat buyers finally be smiling?
Photo: Samrat Roy

Will Shubhkamna Tech Homes flat buyers finally be smiling?

Noida Authority officials on April 13 called a meeting to discuss issues faced by homebuyers of Shubhkamna Tech Homes, an upcoming residential project in Sector 137. The meeting was held at Indira Gandhi Kala Kendra, in Sector 6, Noida. Representatives of the builder were also present at the meeting, chaired by Shishir Singh, ACEO of Noida Authority.

Flat buyers said there were 13 towers in the project but not a single tower was ready so far. Buyers booked these flats back in 2012 and most of them have deposited 90 per cent of the cost with the builder. The builder had promised to deliver the flats in 2014 but even after three years, buyers are being forced to pay both their house-loan EMIs and rent. 

Homebuyers accused the builder of investing their money in other projects. They have also demanded an audit of the partially completed housing project. 

Rituparna Tiwari, a buyer, told City Spidey that every month they were receiving a letter from the builder asking them to take possession of the flat by depositing the remaining amount. The builder, however, was yet to provide Ganga jal and electricity connections. The society's lifts were not in place and a firefighting system had not been installed in any of the towers. "When we go to meet the builder, his bouncers scare us away," she added.  



"Every time we have met the builder, we have been given a new date for possession of flats," said Manish Palta, another flat buyer.

Homebuyers were happy with the recent meeting and hoped the Authority will help resolve their issues. "It was decided that the builder's representative will submit a tower-wise progress report to Noida Authority on April 19," said Manav Raina, one of the homebuyers present at the meeting. 

Shishir Singh, ACEO of Noida Authority, said the builder had to pay Rs 56.5 crore to the Authority. "After receiving 25 per cent of the amount, we will issue a no-objection certificate to the builder, after which residents can get their flats registered. But this is only after the builder completes the project," Singh said.

When City Spidey contacted Piyush Tiwari, director of Shubhkamna Buildtech Pvt Ltd, he said he would submit the tower-wise report to the Authority before April 19.

Tiwari added, "Noida Authority has also asked us to get the project website up and running, which, although being closed for the past two years, will be active in the next 10 days," he added.