Noida district magistrate gives homebuyers hope
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Noida district magistrate gives homebuyers hope

Joint meetings between homebuyers of a project, the developer, Noida Authority and the police are being planned to seek transparency in flat-possession issues. Will they help? Only time will tell.

Noida district magistrate gives homebuyers hope

Noida District Magistrate, NP Singh, has decided to take all homebuyers into confidence by getting them organised in their campaign against builders who have faltered on their promises.

The administration will organise a joint meeting of all stakeholders, where developers will have to commit to buyers in the presence of state government officials. Hopefully now hapless homebuyers will be relieved of running from pillar to post for possession of their flats.

More than 70,000 homebuyers in Noida and Greater Noida have been left in limbo following non-delivery of flats and delay in flat registry.

Noida city magistrate Bacchu Singh told City Spidey that a schedule for one-on-one meetings between homebuyers of a particular project, the developer, Noida Authority and the police was being prepared. Once this was ready, the joint meetings would be convened, chaired by district magistrate NP Singh.

"At the meetings, the developers will have to give homebuyers a time-bound commitment, as most of them have already suffered due to an inordinate delay in flat possession," he said.

That's seems like good news for homebuyers, but only time will tell whether these meetings will help.