1. Amrapali homebuyers send big message to Yogi Adityanath government, here is what they are pleading for

Amrapali homebuyers send big message to Yogi Adityanath government, here is what they are pleading for

Home buyers of Amrapali have urged the Uttar Pradesh government to not involve the Confederation of Real Estate Developers’ Association of India (CREDAI) in the development of incomplete projects.

New Delhi | Published: September 15, 2017 5:25 AM
amrapali deal, amrapali deal effect on yogi government, yogi government amrapali home buyers Uttar Pradesh CM Yogi Adityanath. (PTI)

By-Surbhi Prasad

Home buyers of Amrapali have urged the Uttar Pradesh government to not involve the Confederation of Real Estate Developers’ Association of India (CREDAI) in the development of incomplete projects. The home buyers have also sought written assurances from developers for the roadmap to complete the projects. “Even after so many cases of defaulter builders, CREDAI has not taken any action in favour of home buyers,” Rahul Kumar, who has bought a flat in the Amrapali Dream Valley project, said.

A delegation of home buyers from various Amrapali projects will soon meet the state’s urban housing minister Suresh Khanna. “We will ask the government to bring in National Buildings Construction Corporation (NBCC) and Housing and Urban Development Corporation (HUDCO) to take over all the unfinished projects of Amrapali,” Kumar added.

Recently, a three-member panel formed by the UP government to resolve the builder-buyer dispute had said that co-developers would be roped in to complete the delayed projects.

On Tuesday, CREDAI submitted a proposal to the chief minister of Uttar Pradesh Yogi Adityanath on the co-developer policy for the sick projects or the defaulting builders. The CM also asked developers to ensure that 50,000 apartments are delivered in the next three months, directing the Greater Noida and Yamuna Expressway authorities to facilitate the delivery process. The state government has also formed a committee of experts to conduct audits of builders and their incomplete projects.

He has also ordered the formation of a committee of experts to find a solution to all impending real estate issues in the region, including sick projects or defaulting developers, within the next three months.

Buyers have also sought clarification about the future of projects where just 20% construction has been done and also where construction is yet to begin. “So many FIRs have been filed against Amrapali, no action has been taken yet… Some of us have been waiting for the possession of our flats for the past seven years,” another home buyer said.

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