Ghaziabad Development Authority To Deliver 25,000 Flats By March
As many as 25,000 flats will be delivered by the end of this financial year in Ghaziabad, said Uttar Pradesh principal secretary during his visit to the city. The principal secretary of housing and urban planning and the interim chairman of Real Estate Regulatory Authority (RERA), visited the Ghaziabad Development Authority (GDA) headquarters to review ongoing projects.
GDA officials in a meeting on Saturday said that around 25,000 flats/units that have been delayed so far will be delivered by the end of this financial year and nearly 5,000 of these units have already been delivered. Homebuyers had also demanded more transparency in the delivery process and schedule. Required details will be uploaded on the website.
Homebuyers have already paid for flats and these were to be delivered by the end of 2015. Homebuyers cited another scheme of the Avas Vikas that was delayed, under which the agency had lowered the circle rates and returned a fixed interest for the delay.
Principal secretary said rates for the Siddharth Vihar scheme will be decided as per norms. The possession to homebuyers of the scheme will be expedited. They are working on sticking to the schedule and giving possession to all homebuyers.
The issue of delayed possession is affecting thousands of homebuyers in Gautam Budh Nagar and Ghaziabad. The UP government had formed a three-minister panel to decide on the timeline of delivery of flats.
Authorities in UP, including those in Gautam Budh Nagar and Ghaziabad, have been given a list of 250 housing projects, details of which are yet to be uploaded on UP-RERA website.
The authorities will get in touch with developers and expedite the process of uploading the complete project details. UP-RERA has the maximum number of complaints among all the authorities in the country. Complaints are lodged online and the court system is also online.
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