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UP RERA grants more time to complete Ghaziabad project
28 Jul 2022 CW Team
The Uttar Pradesh Real Estate Regulatory Authority (RERA) has permitted the promoter of a Ghaziabad-based project to complete the remaining development and construction work by December 2023.
The Authority noted that the project -- Utopia Estate -- commenced in April 2016 but could not be completed by the promoter Sai Adhiraj Land & Promoters within the period of registration i.e., March 28, 2022.
Presently, as per the site inspection report, the overall physical progress of the project is only 40%.
The completion plan of the project submitted by the promoter with the written consent of more than 50 percent of allottees through their registered association was thoroughly scrutinised by the project management division of the Authority.
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