Noida Authority releases defaulter list of builders
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Noida Authority releases defaulter list of builders

The builders have collectively failed to pay Rs 9,993 crore in dues.

Noida Authority releases defaulter list of builders Picture used for representative purpose only

Noida Authority on May 26 made the names of builders operating in the city who have not paid their installments on time public. These builders have collectively defaulted on Rs 9,993 crore in dues against land allotted to them in 91 group housing projects in the city.

Unitech, Gardenia, Amrapali, Ambience and Granite Gate are the top five defaulters. According to the list, Unitech has dues of more than Rs 4,663 crore. Gardenia and Amrapali have not cleared dues of Rs 1,084 crore and 1,074 crore respectively. Ambience and Granite Gate have dues of Rs 553 crore and 276 crore respectively.

The list of defaulters is available on the Authority's website. The defaulters will be served notices for making the payments.