Press Release


We Noida Extension Flat Owners and Members Association (NEFOMA) protested at CREDAI National office at   ,National Secretariat 703, AnsalBhawan,16,Kasturba Gandhi Marg, New Delhi-110001 at 11 am against builders illegal demands/Cancellation letters ,demanding interest.  Around hundreds of flat buyers participated in this protest.
When we reached in their office no officer was willing to meet us, Lift was stopped by order of the CREDAI officials. After 15 minutes debate ,they allow us to meet the officers under Police and media presence. 

After buyers  agitation , GM CREDAI National ,Mr. Subhashish Ghoshal, agreed to meet us. We raised question regarding  Cancellation /interest & Demands letters.

He said, builders should follow the CREDAI rules & if any builder will not follow our guidelines ,  we’ll cancel their membership.

He ringed to Mr.Anil Sharma & clear all confusion related to 10% booking. As you know Companies like the Supertech Limited, Gaur Sons,Palm Olympia (Sam India Abhimanyu Housing ) and Earth Infrastructure Limited are trying to make more profits by canceling the booking of existence buyers on the pretext of not being paid an amount of 10 per cent of BSP (Basic Sale Price). We brought it to their attention that time before land low started due to market competition some of the builders received only token amount to grab the booking, now they are also canceling booking by showing 10% less, NEFOMA requested him if 10 % booking amount is compulsory, than why they received such amount in the name of “BOOKING”. Hundreds of buyers are complaining that they were not given any prior notice and the cancellation of their flats was done by the builders arbitrarily to earn profits on enhance prices of flats in the area now.

Mr.Anil Sharma cleared all confusion regarding 10% booking amount . He said we’ll consider only 10% of BSP ( basic sale price ) . We’ll not cancel any flat of those buyers who had paid 10% of BSP ( Basic Sale Price )

Regards.
On behalf of Noida Extension Flat Owners and Members Association (NEFOMA)

Rashmi Pandey
Gen. Secretary
Date: 21st  September, 2012




Press Release

We Noida Extension Flat Owners and Members Association (NEFOMA) protested at CREDAI National office at   ,National Secretariat 703, AnsalBhawan,16,Kasturba Gandhi Marg, New Delhi-110001 at 11 am against builders illegal demands/Cancellation letters ,demanding interest.  Around hundreds of flat buyers participated in this protest.
When we reached in their office no officer was willing to meet us, Lift was stopped by order of the CREDAI officials. After 15 minutes debate ,they allow us to meet the officers under Police and media presence. 

After buyers  agitation , GM CREDAI National ,Mr. Subhashish Ghoshal, agreed to meet us. We raised question regarding  Cancellation /interest & Demands letters.

He said, builders should follow the CREDAI rules & if any builder will not follow our guidelines ,  we’ll cancel their membership.

He ringed to Mr.Anil Sharma & clear all confusion related to 10% booking. As you know Companies like the Supertech Limited, Gaur Sons,Palm Olympia (Sam India Abhimanyu Housing ) and Earth Infrastructure Limited are trying to make more profits by canceling the booking of existence buyers on the pretext of not being paid an amount of 10 per cent of BSP (Basic Sale Price). We brought it to their attention that time before land low started due to market competition some of the builders received only token amount to grab the booking, now they are also canceling booking by showing 10% less, NEFOMA requested him if 10 % booking amount is compulsory, than why they received such amount in the name of “BOOKING”. Hundreds of buyers are complaining that they were not given any prior notice and the cancellation of their flats was done by the builders arbitrarily to earn profits on enhance prices of flats in the area now.

Mr.Anil Sharma cleared all confusion regarding 10% booking amount . He said we’ll consider only 10% of BSP ( basic sale price ) . We’ll not cancel any flat of those buyers who had paid 10% of BSP ( Basic Sale Price )

Regards.
On behalf of Noida Extension Flat Owners and Members Association (NEFOMA)

Rashmi Pandey
Gen. Secretary
Date: 21st  September, 2012

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