Affordable housing dream shatter as developer scraps project
With one developer scrapping its project, the dream of affordable housing in Greater Noida West (Noida Extension) has started to shatter.
Even though the master plan got approval from the NCR Planning Board, the issues of farmers and home buyers have still not been sorted out. Construction has not even resumed in several sites.
Around 200 home buyers had observed a day long fast along with their families at the Noida Extension roundabout and staged protests outside various builders’ sites. The families carried placards displaying slogans and photographs of the developers who have allegedly been unfair to them.
Buyers are also planning to stage a protest at Jantar Mantar in New Delhi on February 24.
One of the home buyers complained that the sheer negligence of the Greater Noida Authority is the reason why developers have started cancelling bookings of home buyers. He also said that the same investors did not cancel their flats or demanded their money back during the land row when developers were facing a hard time.
As per the public , the authority have stopped paying attention towards the home buyers and they only support the farmers.
The buyers said that if they do not get relief from the authority then they will be forced to move to court. It is also noticed that it is illegal as they have been granted interest waiver from the Greater Noida Authority for the same period.
According to the Noida extension flat owners welfare association, if the Noida authority do not take any step, then they will agitate outside all concerned ministers and officials.
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