+
Special Registration Camp Generates Rs 2.4 Crore for 81 Flats in Noida
Real Estate

Special Registration Camp Generates Rs 2.4 Crore for 81 Flats in Noida

The stamps and registration department hosted a special camp at Eldeco Aamantran, Sector 119, successfully registering 81 flats and generating revenue of Rs 24 million. The camp was organized following the Uttar Pradesh government's directive to facilitate doorstep property registrations, despite the developer opting out of the rehabilitation scheme for stalled projects due to relatively low dues.

Homebuyers receiving their registration papers expressed joy, describing the experience as an early Diwali celebration. Nikhil Singhal, president of the Eldeco Aamantran apartment owners' association, noted that construction began in 2006-07, with possession starting in 2019. Of the 1,260 flats across 14 towers, 950 were registered, while 310 registrations remained pending due to unpaid dues to the Noida Authority.

Singhal stated, “We met with CM Yogi Adityanath twice, and he assured us the issue would be resolved.”

BS Verma, assistant inspector general of stamp and registry, emphasized the camp's purpose: “Following the state government's orders for doorstep property registrations, we organized this camp to assist flat buyers who have paid their dues but waited years to complete registration. We will conduct more such camps in the future.”

Residents, relieved by the progress, echoed sentiments of joy. Kavita Singh, a homebuyer, remarked, “We moved in after paying dues but could not complete registration due to pending payments by the developer. Without registration, it did not feel like we owned the flat.” Another resident, Pooja Mehta, shared, “I booked a flat two years ago and was waiting for registration. This camp feels like a Diwali gift.”

Sandeep Tandon, AGM of the Eldeco Group, confirmed that the developer had paid Rs 50 million in dues to the Noida Authority and plans to hold another registration camp after Diwali. Officials clarified that Eldeco Aamantran did not qualify for the rehabilitation package due to its low dues. Only 29 out of 57 defaulting projects in Noida accepted this package, which offers two years of relief on interest and penalties for developers impacted by the COVID-19 lockdowns.

The stamps and registration department hosted a special camp at Eldeco Aamantran, Sector 119, successfully registering 81 flats and generating revenue of Rs 24 million. The camp was organized following the Uttar Pradesh government's directive to facilitate doorstep property registrations, despite the developer opting out of the rehabilitation scheme for stalled projects due to relatively low dues. Homebuyers receiving their registration papers expressed joy, describing the experience as an early Diwali celebration. Nikhil Singhal, president of the Eldeco Aamantran apartment owners' association, noted that construction began in 2006-07, with possession starting in 2019. Of the 1,260 flats across 14 towers, 950 were registered, while 310 registrations remained pending due to unpaid dues to the Noida Authority. Singhal stated, “We met with CM Yogi Adityanath twice, and he assured us the issue would be resolved.” BS Verma, assistant inspector general of stamp and registry, emphasized the camp's purpose: “Following the state government's orders for doorstep property registrations, we organized this camp to assist flat buyers who have paid their dues but waited years to complete registration. We will conduct more such camps in the future.” Residents, relieved by the progress, echoed sentiments of joy. Kavita Singh, a homebuyer, remarked, “We moved in after paying dues but could not complete registration due to pending payments by the developer. Without registration, it did not feel like we owned the flat.” Another resident, Pooja Mehta, shared, “I booked a flat two years ago and was waiting for registration. This camp feels like a Diwali gift.” Sandeep Tandon, AGM of the Eldeco Group, confirmed that the developer had paid Rs 50 million in dues to the Noida Authority and plans to hold another registration camp after Diwali. Officials clarified that Eldeco Aamantran did not qualify for the rehabilitation package due to its low dues. Only 29 out of 57 defaulting projects in Noida accepted this package, which offers two years of relief on interest and penalties for developers impacted by the COVID-19 lockdowns.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code