17,000 flats will be ready by March 2018: Greater Noida Authority


Working on Yogi Adityanath’s September 12 directive to builders of Noida and Greater Noida region to complete their projects fast and handover at least 50,000 flats to homebuyers as soon as possible, the Greater Noida Industrial Development Authority (GNIDA) is taking steps to ensure that 17,460 residential units across 28 group housing projects get delivered by March 2018. 


On Tuesday, Debashish Panda, CEO of GNIDA, sent a detailed plan, with deadlines for completion of various projects, to the Uttar Pradesh principal secretary (industries).


Following the CM’s directive, the Authority has already held meetings with builders and developers to find out progress made on various projects and set timelines for their completion. Officials further said 313 flats spread across six projects by Trident Infra Homes, Jyotirmay Infracon, Earthcon constructions, Ajnara Realtech, Nirala Housing and Habitech Infrastructure are nearing completion and would be ready for delivery next month.


Also, 4,553 residential units — which are part of six projects including two of Supertech and one each of Panscheel Buildtech, Aarcity Infrastructure and Omaxe — will be completed by December.


Another 16 projects comprising 8,704 flats will be completed by March 2018. GNIDA has also decided to hire realty experts as consultants to carry out an audit of all stalled projects in the city in the next two months.


As per the plan, 107 projects with 1,36,778 residential units will be audited in two stages by the consultants.

Written by The Realty Paper

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