Innovative Nine-Member Panel Formed by Greater Noida Authority to Resolve Housing Complex Conflicts


    Share post:

    The Greater Noida Authority has undertaken proactive measures to address the persistent disputes arising in the approximately 200 societies in Greater Noida, where conflicts often emerge between residents and builder or apartment owner associations. Recognizing the need for a comprehensive resolution framework, a dedicated nine-member committee has been established.

    Charged with the responsibility of tackling multifaceted issues, the committee is poised to address concerns such as the non-issuance of no objection certificates (NOCs) for the transfer memorandum, the establishment of Apartment Owners Associations (AOA) within societies, and the seamless transfer of Interest-Free Maintenance Charge (IFMS) funds.

    The committee, set to convene on November 21, December 12, and January 3 of the ensuing year, will be spearheaded by ACEO Saumya Srivastava. Comprising key stakeholders, including the OSD of the Builders department, general managers in planning, project, and finance, in-charge legal, the manager of the builders’ department, and two members nominated from CREDAI, the committee is strategically assembled to bring diverse expertise to the table.

    This comprehensive initiative aims to expedite the resolution process for builders-buyers issues. By providing an inclusive platform for the presentation of complaints from flat buyers and residents, the committee ensures a fair and transparent adjudication of disputes. Addressing concerns related to NOCs, AOA formation, and IFMS fund transfers, the Greater Noida Authority aims to foster an environment of enhanced transparency and harmonious coexistence within housing complexes. This undertaking seeks to strengthen the relationship between residents and representatives of builder or apartment owner associations, ultimately contributing to the overall well-being of the Greater Noida community.

    Also Read: Indian Government Advances ‘Housing for All’ Deadline in Rural India


    Please enter your comment!
    Please enter your name here

    Related Posts

    Latest posts

    Oberoi Realty Enters NCR Market with Landmark Land Purchase in Gurugram

    GURUGRAM, June 24, 2024 — Oberoi Realty, a Mumbai-based real estate developer, has entered the National Capital Region...

    Krisumi Group Announces Major Investment to Develop 1051 Luxury Units in Gurugram

     Krisumi to Develop State-of-the-Art Club with Indoor Air-Conditioned Sports Facilities, a First in NCR  Expects Revenue Realization of...

    Indian Retail Brands Embrace Omni-Channel Strategies to Boost Consumer Experiences

    The COVID-19 pandemic transformed e-commerce into a primary shopping method for Indians. Initially driven by deep discounts, e-commerce's...

    YEIDA Plot Scheme 2024: A Comprehensive Guide for Prospective Buyers

    The Yamuna Expressway Industrial Development Authority (YEIDA) has unveiled its Plot Scheme 2024, presenting a new opportunity for...