Noida Builder Instructed to Pay 25% Dues for Registry
Real Estate

Noida Builder Instructed to Pay 25% Dues for Registry

In response to protests by residents of Gardenia Glory in Noida, a builder has been instructed to pay 25% of outstanding dues for property registration. The directive comes as a relief to residents who have been advocating for resolution of financial issues with the builder.

The decision to require the builder to settle 25% of the outstanding dues demonstrates authorities' responsiveness to residents' grievances and their commitment to addressing concerns related to property registrations. This move is expected to facilitate progress towards resolving financial disputes between the builder and residents.

The protest by Gardenia Glory residents highlights the challenges faced by homeowners in securing property registrations and underscores the importance of timely resolution of financial obligations by builders. The directive for partial payment of dues marks a step towards restoring confidence among residents and ensuring transparency in real estate transactions.

Furthermore, the intervention by authorities signals a proactive approach towards protecting the interests of homeowners and upholding accountability within the real estate sector. It reinforces the principle of fairness and equity in property dealings, promoting a conducive environment for homeownership.

Overall, the directive for the builder to pay 25% of outstanding dues following protests by Gardenia Glory residents signifies a positive development in addressing financial disputes in Noida's real estate market. As efforts continue to resolve remaining issues, residents can anticipate progress towards achieving their objectives and securing property registrations in a timely manner.

In response to protests by residents of Gardenia Glory in Noida, a builder has been instructed to pay 25% of outstanding dues for property registration. The directive comes as a relief to residents who have been advocating for resolution of financial issues with the builder. The decision to require the builder to settle 25% of the outstanding dues demonstrates authorities' responsiveness to residents' grievances and their commitment to addressing concerns related to property registrations. This move is expected to facilitate progress towards resolving financial disputes between the builder and residents. The protest by Gardenia Glory residents highlights the challenges faced by homeowners in securing property registrations and underscores the importance of timely resolution of financial obligations by builders. The directive for partial payment of dues marks a step towards restoring confidence among residents and ensuring transparency in real estate transactions. Furthermore, the intervention by authorities signals a proactive approach towards protecting the interests of homeowners and upholding accountability within the real estate sector. It reinforces the principle of fairness and equity in property dealings, promoting a conducive environment for homeownership. Overall, the directive for the builder to pay 25% of outstanding dues following protests by Gardenia Glory residents signifies a positive development in addressing financial disputes in Noida's real estate market. As efforts continue to resolve remaining issues, residents can anticipate progress towards achieving their objectives and securing property registrations in a timely manner.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?