The Noida Authority has released a list of 21 real estate projects wherein the subleased deeds or registries of 1,107 flats in 21 group housing projects can be executed but are held up by the developers, according to media reports. These projects are in Sectors 75, 78, 121, 137, 144, 143B, 108, 168 and 107.
Noida Authority’s officer on special duty (group housing), Prasun Dwivedi, said that the authority had been running campaigns but still, tripartite subleased deeds or registries in favour of homebuyers have not been executed. “Hence, the buyers of builder projects whose flats or towers have been granted permission for executing registries after completion should contact their builder/developer to ensure execution of tripartite subleased deed, or registry of their homes,” he said in a statement.
In case of non-compliance, punitive action would be considered against the builders/developers concerned according to the rules of land allotment and the RERA (Real Estate Regulatory Authority), he further added.
According to the list shared by the authority, the projects in which flats have been given the approval for registry include those developed by Aims Max Gardenia Developers (three projects in Sector 75), Apex Dream Home (Sector 75), Maxbliss Constructions (Sector 75), Aims RG Angel Promoters (Sector 75), IVY County (Sector 121), Purvanchal Project (Sector 137) and Gulshan Homes Infrastructure (Sector 144).
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