Summary:
NOIDA: To end the buyer-builder impasse and help aggrieved investors get their homes, authorities have begun the audit of developer projects in Noida, Greater Noida and Yamuna expressway areas. In Noida, about 14 builder projects are under the scanner," said Santosh Kumar, officer on special duty (OSD), Noida Authority. We have formed a five-member committee, headed by ACEO Amarnath Upadhyay, to audit each builder's account," Arunvir Singh, CEO, Yeida, told TOI. The audit by a private agency will identify the builders, who have diverted their funds," said Debashish Panda, CEO of Greater Noida Industrial Development Authority (GNIDA). "We had issued notices to all builders asking them to provide necessary financial details for the audit but only 13 builders have replied to the notices and furnished the information about housing projects and other financial details..