Gautam Buddh Nagar administration takes a stand against builders

01 Mar 2024 CW Team

The Gautam Buddh Nagar administration has decided to issue notices to real-estate developers on 27th February 2024 due to the barrage of complaints from flat owners. During a meeting, they discussed their issues, including delay in possession and registration of flats. Other senior administrators and officers of the registration department were also present.

District Magistrate (DM) Manish Kumar Verma told Press Trust of India, ?It has been decided that notice would be issued to some builders, including Mahagun, Ajnara and Migsun, seeking their response over the complaints related to their housing projects,? and further stated, ?If their response is not found satisfactory then legal proceedings, including sealing of their premises, would be carried out. There have been complaints against some builders, but majority of the issues discussed in today?s meetings are related to these three builders?. DM Atul Kumar is responsible for following up on this case.

Flat buyers told the district magistrate that builders were not registering their flats despite the full payment, while the builders blamed the delay on a lack of occupancy certificates. The DM then directed the builders to register flats with available OCs and obtain OCs for pending flats. The DM also asked builders to avoid harassing the flat buyers and to ensure action, instructing them to increase stamp revenue as much as possible in the district, as the Uttar Pradesh government intended.

Resources

08 Sep 2025

IGBC Launches 32nd Chapter in Ranchi to Drive Green Building Growth

The CII Indian Green Building Council (IGBC) has launched its 32nd Chapter in Ranchi to accelerate Jharkhand’s transition towards sustainable and resilient urban infrastructure. The launch event, held on September 6 at Radisson Blu Hotel, brought together government officials, industry leaders, and sustainability experts. Sunil Kumar, IAS, Principal Secretary, Urban Development & Housing Department, Government of Jharkhand, said, “The launch of the IGBC Ranchi Chapter marks a significant step in Jharkhand’s urban development journey. The state is committed to creating a policy e..

Mindspace REIT Marks Five Years With 14.8 Per Cent Annualised Returns

Mindspace Business Parks REIT, owner and developer of a Grade-A office portfolio, has completed five years since its listing on the Indian bourses in August 2020. Despite debuting during the global pandemic, the REIT has delivered 14.8 per cent annualised total returns, expanded its portfolio, and reinforced occupier trust. Key achievements over five years include: Portfolio expansion of 30 per cent to 31.0 msf through acquisitions and new developments. Gross leasing of 25.2 msf, with occupancy sustained at 93.7 per cent. Cumulative distribution of Rs 55.9 billion to unitho..

Great Value Realty Secures RERA Nod for Ultra-Luxury Ekanam Project

Great Value Realty, one of North India’s most trusted developers, has received RERA approval for its flagship ultra-luxury residential project, Ekanam (RERA No. UPRERAPRJ15109/2019). The announcement was made during the Great Partners Meet at Noida. Built on the only available land parcel in Sector 107, Noida, Ekanam embodies the company’s philosophy, “Great is the New Norm,” promising excellence in design, quality, and sustainable community living. With seamless connectivity to Noida Expressway, DND Flyway, metro stations, and proximity to the upcoming Jewar Airport, the project ..