GDA asks Realty Developers to Furnish Project Details or Face Consequences

Ghaziabad Property

Real estate developers in Ghaziabad have been slapped with notice on account of their failure to comply to the UP Apartments Act. Ghaziabad Development Authority(GDA) has decided to take stern action against all the defaulters in light of the increasing unscrupulous activities on their part. Of late, about 30 developers have been asked to furnish all the necessary details of their projects. The realtors are expected to furnish information about title deed, number of floors, plot size, and other important details that are invariably concerned to buyers.

According to GDA, there are more than 150 projects for property in Ghaziabad that are currently into construction. In order to safeguard buyers' interests, the authority shall do its authentication part for the information that these seekers shall furnish. Action shall be taken all those realtors who submit incorrect details of their projects; their identities shall be revealed online so that property-seekers can keep protect themselves from falling  into traps of these fraudsters.

In order to keep the buyers and investors well-informed, GDA has also decided to upload names of developers that transgress construction rules over its website. The GDA'a site shall mention names all those property projects that have been sealed on certain account. The layout plans that do not conform to the set rules shall also be made public. The site shall assist end-users know of the Ghaziabad property projects that are unauthorized. Such a step is expected to bring about transparency in the otherwise dismal state of affairs.

To locate Ghaziabad properties, one can look into India property sites.