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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 Kumar, of UP-Rera, said, “This is not our priority at the moment given the current pandemic situatio...

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 Knight Court project in Noida in co-operation with Association of Allottees. Knight Court is among the f...

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 lift each tower. The project consists 750 flats of which around 150 are occupied since 2017 — the re...

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 discussions on whether they would be absolved of the heavy fines if they start delivering the pending ...

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 .