Govt committed to find solution for affected home buyers in Noida, Greater Noida: Hardeep Puri

Housing and Urban Affairs Minister Hardeep Singh Puri today said government is committed to finding a solution for all the affected home buyers in Noida and Greater Noida.

Talking to media in New Delhi, Mr Puri said the empowered committee under the chairmanship of the housing and urban affairs secretary is expected to finalise its report shortly to resolve the problems of affected home buyers of stalled housing projects.

Earlier this month, the National Buildings Construction Corporation, which comes under the ministry, told the Supreme Court that it was ready to undertake the projects of embattled real estate major Amrapali group of companies. The real estate company has failed to hand over possession of flats to around 42,000 buyers.

The apex court asked the NBCC to place before it a concrete proposal within 30 days on how it proposes to complete the projects along with a timeline of work.
The Centre has already introduced the Real Estate (Regulation and Development) Act, 2016, under which proper protection is provided to the buyers.

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