Noida buyers need more reassurance
Resolution of NGT issue brings much-needed relief, but buyers want builders to ensure timely possession
Though about one lakh buyers are more than relieved by the green signal to restart projects af f ected by the National Green Tribunal (NGT) order related to the Okhla Bird Sanctuary, many of them have other concerns. They fear that their developers who cited the NGT problem as the reason why they had not received occupation certificates ( OC) will not pay them penalty for delay in the project.
Calling the latest development “encouraging and a welcome step,” Markanday Mishra, a buyer, says he and others in their project were given interim letters of possession by the builder even before the issue was officially resolved. “The fact that these letters have been sent out and we have accepted them absolves the developer of any responsibility to pay penalty from the date on which the letters have been issued,” he says.
Mishra accepted the letter because of financial compulsions. He was unable to maintain rented apartments in Delhi, where he lived, and Mumbai, where he had been transferred. “Since I was paying EMIs for the Noida apartment and had to manage the rent for my homes in Delhi and Mumbai, I had no choice but to sign on the document due to financial hard- ships. However, my acceptance meant I had to grapple with unresolved issues in the new housing project such as absence of security and inadequate facilities – just one lift is working in my building. One has to travel a few kilometres for even the basic necessities. The entire project is still at a work-in-progress stage with a few towers still incomplete. One worries about construction material falling on people’s heads from the 18th or 19th floors. There are many risks but I did not have any choice,” he says.
Mishra also alleges that the the super area of his apartment has been increased from 1,340 sq ft to 1,528 sq ft. This does not comply with the UP Apartment Act 2010. “This is additional cost for me. I will also have to pay more for registration of my apartment and for maintenance charges, which is a recurring cost,” he adds.
Club facilities, for which many buyers have already paid membership fees, are also not likely to be ready on time. “We have also filed a suit against the developer in the National Commission for delay and deficiency of services. They have cited issues such as lack of labour etc for delay in delivery,” says Mishra.