Real Estate market in UP

Q: Why there are no details of project like land ownership, title related details, lease deed conditions, status of sanctioning building layout plan and other NOC s and notices which are issued to the developers.

Suneet Shetty, Noida

17th July 2013

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Replies (8)

Even I also support this and now buyers will be able to identify genuine developers from fraudulent ones.

Karunakar, Bhiwadi

20th July 2013

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There are because this will stop them to do illegal transactions nah , that why although this will undoubtedly be a significant tool for all prospective buyers to understand the nature of the projects in a better manner.

Ramneek, Bhiwadi

20th July 2013

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Hi , i heard that there are few builders who opposed the whole idea..

Sameer Khan, Delhi-NCR

19th July 2013

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According to Noida Authority, they have planned to upload all land ownership and title related details on our website. Documents like lease deed conditions, status of sanctioning building layout plan and other NOCs and notices issued to the developers will also be uploaded. This will help us, the investors to get a proper details and information about the project as well as the developers. This a great relief and the illegal documentation will be stalled.

Tamal, Delhi-NCR

18th July 2013

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Being an end user, i feel that recently in Noida and Greater Noida have become a den for land sharks who have been cheating innocent investors. Even though several property-related frauds have been committed, they have hardly been reported due to no ignorance of police and authorities who do not pay any any attention to the complaints of the home buyer. Hope this new rule can bring some change for us.

Anuradha Jain, Noida

18th July 2013

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How will it help the investors?? is this again just a proposal or there will be seriousness in this matter?

Yogendra, Noida

17th July 2013

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For now the decision is taken because Uttar Pradesh chief minister have strictly directed the authorities to ensure protection for buyers and plan a proper documentation to evade property related cheating.

Yogesh Kumar, Noida

17th July 2013

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Hi according to the latest news, Greater Noida and Yamuna authorities are ready to upload details of all builders who are constructing housing projects on their official websites, hence this will be clear move for them and transparency will surely be there henceforth.

Tamal, Noida

17th July 2013

Comment