NEFOMA
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 [...] Continue Reading »
Many property buyers participated with Anna Hazare for a one day fast at Jantar Mantar. The crowd gathered as Noida Extension Flat Owners and Members Association (NEFOMA) was large in number. They fasted due to ongoing land row in the area and corruption going on in giving possession of the flats. The buyers demanded the [...] Continue Reading »
The authorities have predicted that the projects in Noida Extension will be halted for time being. At least three to four months will be consumed for getting approval of the Greater Noida Master Plan for construction of these projects. Noida Extension Flat Owners & Members Association (NEFOMA) was informed about the same. The projects have [...] Continue Reading »
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 [...] Continue Reading »
Yet another controversy in Noida Extension! This time, troubled buyers have hold a protest rally and want early resettlement in their own flats. They also demanded an early consent over Master Plan 2021 from Delhi’s NCR Planning Board (NCRPB). In a previous order from Allahabad HC, construction work on acquired land would remain stopped till [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) have flavored in a sense of relief to the property buyers in Noida extension. CREDAI has decided to pause the interest on pending EMI payments to the property buyers who have already made 10 percent booking payments. High Court (HC) orders forced the developers to [...] Continue Reading »
