
Taking action against the builders, the CEO of Yamuna Authority, canceled the allotment of 9 plots of group housing of 8 builders and seized about Rs 27.30 crore of them. It is being told that all these builders were not complying with the conditions of the lease deed. CEO Dr. Arunveer Singh said that the process of re-allotment of these plots will be announced soon.
Greater Noida
Published: April 01, 2022 02:24:50 pm
After the formation of the government under the leadership of Chief Minister Yogi Adityanath in Uttar Pradesh, first of all, proceedings have started against the builders who are arbitrarily in the Noida-Greater Noida and Yamuna Development Authority area. Taking action against the builders, the CEO of Yamuna Authority has canceled the allotment of 9 plots of group housing of 8 builders. About 2,18,625 square meters of land has been taken back from these builders. Not only this, about Rs 27.30 crore of builders have also been confiscated. It is being told that all these builders were not complying with the conditions of the lease deed. CEO Dr. Arunveer Singh said that the process of re-allotment of these plots will be announced soon.
Let us inform that in the builders whose plot allotments have been cancelled, most of the allocation logics were made to the builder. Logix Builder had sold the allotted plots to the builders in pieces. But, these builders could not work and after allotment of land the builders demanded rescheduling to deposit the installments i.e. their installments were re-fixed. Even after this, he did not deposit the dues and came under the category of defaulter. In such a situation, the authority took action and canceled the allotment of their plots when they came under the category of defaulter builder.
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