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Thursday, 26 May 2016

Delay In Handing Over Noida Extension Flats For Sale Fumes Buyers

Buyers of Noida Extension flats for sale are fuming with anger as well known real estate developers are stalling construction of projects. Several projects offering flats in Noida Extension and flats in Noida Expressway have been delayed by upto 7 years. People want compensation but the builders of Noida Extension flats for sale are refusing to yield into the buyers demands citing one excuse or the other. It is not uncommon in real estate India that a project is delayed but what is happening in Noida Extension is unacceptable as thousands are waiting for possession of their apartments in Noida Extension.

What's surprising is the fact that the names of big developers like Amrapali and Gaursons is coming up in delay in possession. Some people who have been handed the possession of flats in Noida Extension and flats in Noida Expressway complain that there is no proper maintenance as a result several issues are cropping up in apartments in Noida Extension.

Several buyers of Noida Extension flats for sale have lodged protests and expressed dissent on Social media as well on streets.  The delay in handover of the apartments in Noida Extension has forced home buyers to launch protest against builders on streets as well as social media. As a result the Indian cricket team captain M S Dhoni has recently resigned as brand ambassador of Amrapali, as unhappy residents had asked the captain of the ream to disassociate himself from the erring brand and the builder.

People who have bought flats in Noida Extension and flats in Noida Expressway on EMI and are also paying rent for existing accommodation are the worst affected people.  Stringent rules in real estate India should be created so that builders given possession according to timeline. Builders in real estate India should be made accountable for delays in property possession delay.

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