NEFOMA is meeting with CREDAI Vice- President Mr. Anil Sharma on difference issues. .....so you are requested to give details of the demand letters you got from builders. You can send on admin@nefoma.org
or contact : http://nefoma.wordpress.com/
Mention .....1) Builder's name,   2) amount of demand (% also),     3) Whether interest is charged

We got a reply from CREDAI .... that they are meeting next week on NE problems. As demanded by us, they agreed on issuing guidelines to all builders regarding demand letter and interest issues. We have received following message from CREDAI .

This is to inform you that the office bearers of CREDAI are traveling. In any case there would be a meeting next week to formulate some sort of guidelines for this issue and accordingly we will revert back on this matter.

Thanks & Regards
Sushant Gupta



We Noida Extension Flat Owners and Members Association (NEFOMA) had a meeting with Palm Olympia Partner Mr. Madan Lal along with other officials regarding their demand letter with interest issue.
We Nefoma reprented by Mr. Annu Khan (Vice President) , Devender Kumar (Founder) and Indrish Gupta (Dy. Director).
Around 300 flat owners protested against their demand letters. But Mr. Madan Lal didn't agreed on their demand of withdrawal of demand letter.

Mr. Madan Lal said if you didn't pay the interest, then he will convert their Flexi plan into Construction Link Plan (CLP), means the difference of Rs.150/- PSF. (approx. 2 Lac).

After protest by Flat Owners and Nefoma, Mr. Madan adreed that he will obey the ruling of CREDAI regarding the demand letters and interest.

But we argued, No other builder had issued such letter, then why their co. issued this demand letter. But Mr. Madan didn't agreed on
withdrwal of the letter. So we all shouted the anti Palm Olympia slogan and walk out of the meeting.

Thanks


 



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NEFOMA Protest at Palm Olympia Site Noida Extension


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