noida builder news forgot to pay dues to authority kept on increasing floor by floor now noida builders will pay

Only two builders have come forward

Artharity’s rescheduling plan is meant to bring relief to developers. But even after this the builders have not paid the outstanding amount. According to officials, so far only two builders have come forward to take advantage of the scheme. If the defaulter builder does not pay the dues even after the RC is issued, his property can be attached and then auctioned to recover the amount. According to official data, there are 34 projects in the city that have been completed but have a backlog of over Rs 1,550 crore. During the review meeting on Tuesday, CEO Ritu Maheshwari has ordered to issue RC against them.

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Speed ​​up the registration process

The official informed that the authority will also organize special camps to facilitate home buyers and builders to expedite the registry process. 14 Amrapali and Unitech projects pending in the Supreme Court have outstanding dues of Rs 13,850 crore. The officers have also been directed to take necessary action in respect of liabilities of 14 projects after taking legal opinion.