Greater Noida panel to resolve disputes

09 Nov 2023 CW Team

The city, which is home to 191 residential complexes, sees frequent disputes between residents and representatives of builders or AOAs over matters like issuing NOCs or formation of apartment owners? associations (AOAs), that reach the Authority. To expedite the resolution of these logjams ? over non-issuance of no-objection certificates for transfer memorandum by the builder or AOAs to flat buyers, formation of AOA in a society, transfer of interest-free maintenance security (IFMS) funds of the society among others ? CEO Ravi Kumar NG has set up the panel. ?At present, AOAs and homebuyers walk into GNIDA office on all days and seek resolutions for their grievances instantly. The builders sometimes do not adhere to GNIDA?s decisions and create a difficult situation for all the parties. Sometimes, AOAs have vested interests and try to arm-twist builders. The present initiative is to put a stop to these issues,? Srivastava told TOI. The panel will also include officials from various departments of GNIDA, including the officer on special duty (OSD), manager of the builder's department, general managers of planning, project, and finance departments, legal officer and two members nominated by Confederation of Real Estate Developers? Associations of India (CREDAI), West UP. The committee will meet once a week to hear and resolve disputes. It will also have the power to impose penalties on builders or AOAs who do not comply with its decisions. The formation of the committee is a welcome move for residents of Greater Noida, who have long been frustrated by the lack of an effective mechanism for resolving builder-buyer disputes. The committee is expected to help reduce the number of disputes and to ensure that they are resolved quickly and fairly.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..