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Noida Authority Declined Applications of 14 Builders for Completion Certification: Know Why
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Noida, 29th July : On July 29, the Noida Authority declined the applications submitted by 14 developers for completion certificates. And 4 commercial and 12 group housing projects are incorporated.
Officials say that these builders were not eligible to complete the laid-down criteria for this completion and hence tried to keep themselves out of the boundary of RERA through this application.
As per the RERA act, the developers should have all ongoing and under-construction projects which haven’t got completion certificates need to be registered with regulatory terms by the end of July’2017.
As per the Noida Authority officials, they issue this completion certificate for certifying a real estate project that it has been built according to the sanctioned plan, specifications, and layout plans, as approved by the local legalities. This certification is the evidence that the specific housing project is ready for living and complete in all aspects. This certificate shows that the building doesn’t violate any rule or norm and has been approved in all respects.
A K Rai, additional CEO of Noida Authority said that the rejected applications of the 14 builders incorporate AIIMS Max Gardenia in sectors 46 and 75, Amrapali with projects in sectors 45 and 76, I V County in sector 121, Antriksh in sector 78, Logix in sector 143, and Today Homes in sector 135. And the commercial projects incorporate Wave’s projects in sectors 18, 25A and 32, and Supertech’s projects in sectors 94 and 96.
According to Amit Modi, Member, Governing Council, Credai, NCR, in case the rejections have been done on the term of prime lapses on the part of a builder, it could definitely be a significant initiative. However, if the whole building is prepared and just a few lapses are found then the Noida Authority must provide the builder a short grace time span of 15 days so that they can finish it and apply for the completion certificate again. Absolute cancellation of applications is not the right solution.

Supriti Ganguly

Author: Supriti Ganguly

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