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Home > Forum > Noida > Real estate News > Demand for implementing of apartments act

Demand for implementing of apartments act

Q: Hi, this is a long due news, which is going on! what is the recent update of the news?

delhi ncr
noida
real estate news
apartment act
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Replies (4)
1
Hi guys,. i could only see the part by the home buyers ! What is the take of the developers?? What are they telling?
Krishna


Developers are demanding home buyers to sign addendum to agreements already made, which are completely lop-sided in nature.So there was bug tussle that happened long back and now after so many months the solution has come in!
Jashan,  Gurgaon
11th November 2013


2
What is the effect of the changed policy in the real estate sector and also how will the home buyers take it in!
Prasad


Hmm Prasad when the changed policy will be implemented the buyers will be saved the troubles they are experiencing like cancellations of bookings or changes made to projects.Buyers have also put the onus on Greater Noida Authority for failing to ensure that developers in the region follow the rules of the UP Apartment Act.
Mohit,  Ghaziabad
11th November 2013


3
Hmmm Mukesh this was a long time back demand by home buyers like in January of this year they started the movement. The demand has been made by a homebuyers’ group, Noida Extension Flat Owners and Members Association (NEFOMA).They demanded for proper rules and regulation as there was absence of a proper regulatory mechanism in the real estate sector!
Ankita


When will the new rules come into existence??? it is approved right ? !!
Chandra,  Noida
11th November 2013


Nah! As per the news the guidelines will first be approved in a board meeting scheduled on November 20 and then be put into effect.
Amitabh,  Noida
11th November 2013


4
Yes Sanchita the long fight of the home buyers cam to an end! Now the realtors will no more be able to harass and do in-justice to the homebuyers as the Noida authority will soon issue guidelines for the implementation of the UP Apartment Act, 2010.
Mukhesh


5

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