“Aggrieved buyers have been lodging their complaints since morning. They are complaining not only about individual projects but also about the way ‘ongoing projects’ have been defined under UP RERA,” said Abhishek Kumar, the president of Noida Extension Flat Owners Welfare Association. Noida Extension has a slew of under-construction projects.
Officials of Confederation of Real Estate Developers Association (CREDAI) claimed the site slowed down with thousands of homebuyers registering their complaints. “The complaints actually slowed down builder registrations. However, things are going to become more transparent from now on with complaints being out there for all to see,” said Amit Modi, vice-president, Credai (western UP).
The RERA website (http:www.up-rera.in) has provisions for registration of promoters, builders, projects and agents. In Gautam Budh Nagar, including Noida and Greater Noida, there are over 80 ongoing projects by 58 builders. Thousands of agents operate in both cities. A total of eight projects were registered from three cities on the day of the UP RERA launch. Four projects from Noida and Greater Noida, three projects from Lucknow and one project from Varanasi were registered.
On day one, Supertech registered two projects, Sports Village Phase-I and Phase II in Greater Noida. ATS registered its ongoing project Dolce in Greater Noida. The fourth project registered is in the name of AR Land Craft in Greater Noida.