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April 18, 2021
Noida: With Covid cases rising, the UP-Rera will now defer some of its initiatives, including their plan to get involved in the formation of the apartment owners’ association (AOA) of individual apartments where residents have moved in. The UP-Rera had earlier announced that they would get involved in the process of creation of AOA to dilute conflict between builders and buyers as in many cases buyers complain about the builder’s resistance in handing over maintenance control. Balvinder Ku...
February 22, 2021
Construction work on stuck Knight Court project of Jaypee Greens resumes SECTIONS Share Synopsis Knight Court is among the five projects at Wish Town that are promoted, sold, and developed by JAL, not Jaypee Infratech Ltd, which is in insolvency resolution. (Representational image) Construction work at Jaypee Greens Knight Court has started as the Real Estate Regulatory Authority (RERA) of Uttar Pradesh authorised realty developer Jaypee Associates Ltd to complete the stalled Jaypee Greens Knig...
February 18, 2021
Greater Noida: Around 150 families residing at Elegant Ville in Noida Extension woke up to a surprise as the builder responded to their appeals for a second lift by sticking a life-size ‘lift’ sticker to cover the gaping cavities residents had pointed out were a safety hazard. Around 600 flats in the project are incomplete and out of six towers, the project has only three complete towers. The three towers of the project where buyers have got possession are currently serviced by only one li...
February 12, 2021
Noida: After imposing fines to the tune of Rs 4 crore on 25 builders for non-compliance of its orders in favour of homebuyers, UP-Rera is now hearing the offenders out one-on-one. Top executives of Supertech Group and the Logix group turned up at the regulator’s door on Wednesday and Thursday, respectively, to negotiate and make fresh promises for completion of flats to escape fines. “The meetings are being held with the erring builders on a one-on-one basis. However, there have been no di...
January 16, 2021
Noida: Year 2021 has started with double workload for the builders of Noida and Greater Noida, with the backlog of 2020 piling up on the deliverables .
December 17, 2020
UP-Rera started hearing cases from September 4, 2018. At the end of that year, the regulator had registered 9,601 cases and disposed of 7,089 in 2019. NOIDA: The Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) has been able to clear major backlogs through virtual hearings this year, despite the Covid-19 lockdown. Of the 30,956 complaints registered so far, the regulator has already heard 24,026 cases till December 15. And of these, some 5,115 complaints were filed by buyers in Gautam ...