Noida Authority officials assure help for builders’ projects

With the intention to revive sick projects in Noida, Noida Authority officials on Friday chaired a meeting with city developers. After a change in regime in Uttar Pradesh, the new UP Government has so far been tough on developers, but on Friday, officials were more focused on projects revival and delivery of flats instead of taking legal action against the developers.

When asked about the outcome of the meeting, Noida Authority CEO Amit Mohan Prasad told DNA that lodging FIRs was not a solution against each developer.

“There are two categories of developers. One who wants to deliver projects and their projects got hampered due to market conditions and other reasons. There is the second type of developer, whose only intention is to cheat innocent people,” he said.

On Saturday, the Greater Noida Authority held a meeting with developers, having projects in Greater Noida.

“We, at Noida Authority, will help those builders, who have the intention to deliver projects and have clear roadmap. If required, we will take up their issues before the state government for any kind of relief,” he said.

“The developers will submit their action plan within four days and will have to submit completion plans within four weeks. The authority will …read more