UP government orders audit of ongoing Noida housing projects

Noida | Wednesday | 16th August, 2017

Summary:

He added, "I have called a meeting with 36 builders who have ongoing group housing projects on August 16 and 18. Over 30,000 housing units have to be delivered by the builder in Noida and Greater Noida. NOIDA: The Yogi Adityanath government has directed Noida and Greater Noida to start an audit of all ongoing housing projects in the twin cities.The direction came from chief secretary Rajiv Kumar after a meeting in Lucknow to discuss the high pendency of flats that buyers have booked years ago. "Asked about the problems being faced by the Amrapali group, and the anxiety among its investors, Prasad said, "The Amrapali group is a big defaulter and owes Noida nearly Rs 1,200 crore. The GNIDA also has to recover Rs 2,000 crore.Amrapali officials maintain the firm remains committed to complete all its ongoing projects and is making efforts to monetise its land bank and rope in co-developers..