Relief in the deposit of fees to Noida Builder will open the path of the register, Noida and Greno Authority Board have approved the rescheduling policy for the builder

Uttar Pradesh News Desk Noida and Greater Noida Authority Board have opened a box of relief to provide flat buyers. The board approved the implementation of the rescheduling policy for the builder for the purpose of registering the apartment. This will facilitate the builder to deposit the fees. This policy only applies to builders and commercial projects (group housing and sports city) from 1 January 2023 to 31 March 2023. The authority does not get the fees of the builder. As a result, the names of the buyers are not registered. A committee was established by the authority to solve the problem of home buyers and determine the rescheduling policy. Based on the report of the committee, a proposal for reschedules was made and placed before the council. The re -schedule of the outstanding amount is only two years. According to the Supreme Court order, the interest rate will be reviewed every six months. Re -processing applies to the total outstanding amount by adding all the funds (original installments, additional remuneration and rental rental) to the award. Within one month after the releases of the re -creation re -creation, 20 percent of the total overdue amounts must be deposited. Even after the re -schedule, if two installments of the Allotti are outstanding, the authorities will cancel the award without informing. Also in Noida, the re-scheduling policy for the builder was approved. The council meeting was held under the presence of Noida-big Noida Authority, CEO, Ritu Maheshwari, CEO, dr. Arunveer Singh, CEO of Yida and Dr. Raj Shekhar, managing director of Uttar Pradesh Finance Corporation, chaired by Arind Kumar, chair of the three authorities of the district. If the work is not completed in seven years, the builder in Noida must be completed the award of the new award within seven years after the registration of the first phase. If this does not happen, the award will be canceled. The new award is given a maximum of 13 years to complete the work, which is now 17 years. Apart from this, a maximum time of 15 years will be given from the register on the basis of the case two case in the case of old awards case. NEIDA NEWS DESK shares this story