Noida Builders warned to deliver flats to buyers & gain trust; UP’s CM said

real estate noidaYogi Adityanath said his government has analyzed in these 4 months that there is a complication between Noida’s builders and buyers which are around 1.5 lakh and all of them are waiting for their apartments to get completed as builders are taking too much time after receiving the money as well. Most of the projects are left incomplete, which results in buyers loosing the trust over the real estate builders. Confederation of Real Estate Developers Association of India (CREDAI) organized a conference in Lucknow where Yogi Adityanath declared to take up an action towards those real estate builders who are making buyers wait from so long. He further added that more the people will lose trust; more the business will be affected.

BJP MLA from NOIDA, Pankaj Singh along with Yogi Adityanath are planning conclave and discussions with the real estate developers as many buyers have filed complaint against the builders with the government and due to this the government is working on this issue. As the results of the efforts, some of the builders have started the construction and fixed a particular date to deliver the projects. While some of the builders are still taking the decision for granted so the government will take a strict action towards them. The real estate sector should follow the action and work on it in order to gain buyer’s confidence again, Yogi Adityanath said.

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