According to officials, the authority has written to the developers of 57 stalled real-estate projects to deposit the 25 percent amount of their total dues so that ownership rights to homebuyers in these projects can be given.
“At present, 25 percent of the total dues of 22 projects have been deposited by the builders and the outstanding amount of about Rs 276 crores has been received. Registry of flats in these projects has also started and till now the registration of about 1, 075 flats has been completed by June 2024. The remaining 75 per cent of the amount which is around Rs 830 crores is expected to be received soon. With this, registry of nearly 3000 units will be assured,” said Lokesh M, Chief Executive officer (CEO), Noida Authority.
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