Noida Extension homebuyers meet Ajay Maken
TNN | Nov 22, 2012, 02.34 AM IST
GREATER NOIDA: Flat owners in Noida Extension on Wednesday met housing and urban poverty alleviation minister Ajay Maken for resolution of their issues regarding cancellation of flat allotments by builders. Noida Extension Flat Owners and Members Association (NEFOMA) said that thousands of flat buyers are in dilemma becau
TNN | Nov 22, 2012, 02.34 AM IST
GREATER NOIDA: Flat owners in Noida Extension on Wednesday met housing and urban poverty alleviation minister Ajay Maken for resolution of their issues regarding cancellation of flat allotments by builders. Noida Extension Flat Owners and Members Association (NEFOMA) said that thousands of flat buyers are in dilemma becau
se of cancellation of allotments.
"Builders are continuously cancelling allotments. They are trying to make more profits by cancelling the bookings of buyers on the pretext of not being paid an amount of 10 per cent of BSP (Basic Sale Price) or not sign addendum by buyers or not being paid an interest," NEFOMA representative Annu Khan said. "We have requested the Minister to help these investors by issuing directions to builders," Khan said.
"Builders are continuously cancelling allotments. They are trying to make more profits by cancelling the bookings of buyers on the pretext of not being paid an amount of 10 per cent of BSP (Basic Sale Price) or not sign addendum by buyers or not being paid an interest," NEFOMA representative Annu Khan said. "We have requested the Minister to help these investors by issuing directions to builders," Khan said.
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