Noida flat owners association to move court against builder
As Noida Extension was lots in news for past few months, another one has added itself to the list!
Noida Extension Flat Owners and Members Association (NEFOMA) have decided to take legal action against a builder who asked the buyers for interest for pending payments.
Builder of Palm Olympia is asking for extra interest on installment from buyers and not agreeing to give back their demand letters.
The buyers are not ready to pay the interests as it was the builder’s fault to stall the construction work after the land acquisition cases in Noida.
The flat buyers have decided to approach court in the second week of January.
Source: The Economic Times
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