Builders told to clear out of Sahberi

Delhi/NCR

The Greater Noida Authority on Monday issued notices to seven builders who have projects in Sahberi village of Noida Extension to return the land that had been allotted to them for construction of residential projects.

“This step has been taken in accordance with the Supreme Court verdict which directed Greater Noida Authority to return all land in Sahberi to villagers,” said CEO of Greater Noida Authority Rama Raman. The seven developers who have been issued a notice by the Authority are Amrapali, Supertech, Mahagun, Panchsheel, AMS, Shreeji and Gulshan Homes.

The builders have been asked to remove their construction equipment as soon as possible. “No major construction work has taken place in Sahberi. However, a couple of developers had started digging on the land that had been allotted to them,” Rama Raman said.

After the Patwari verdict on July 19, the builders had said that they would not be able to absorb any losses on account of projects that are scrapped for this could push them into bankruptcy. In such a situation, they had said, they would not rule out moving court against the Greater Noida Authority.

“All such losses should be passed on to the Authority,” said Anil Sharma, CMD of Amrapali Group. “If pushed into a tight corner, we might consider the legal option,” he said. “Builders will go bankrupt if we bear the losses for all the projects that are being dismantled,’’ said Anuj Chaudhary, director of Panchsheel Developers.

The builders say they are not at fault since they consider all land free from litigation when they buy it from the Authority. “Builders are never told of the khata and khasra numbers of the villages from which the plot is demarcated,” said Rahul Gaur, CMD of Gaursons Developers. “We will file a review petition in Allahabad High Court on the verdict in the Patwadi case,” said R K Arora, CMD of Supertech.

Anuj Chaudhary of Panchsheel Developers said any future action against Greater Noida Authority will be taken only under the umbrella organisation of builders in the country, Confederation of Real Estate Developers’ Associations of India (CREDAI).

“The CREDAI hopes for a cordial settlement between builders and the Greater Noida Authority in formulating a solution to share the losses for projects being dismantled,” said Pankaj Bajaj, NCR president of CREDAI. “The affected builders might otherwise consider the option of moving court against the Greater Noida Authority.”

Bajaj said CREDAI will not pass on the losses to the buyers. “They will be refunded but builders will do that only when they are compensated by the Greater Noida Authority,” said Bajaj.

Several contractors working for developers and the Authority at Noida Extension have joined the agitators. Around 500 daily wagers and contractors gathered at Noida Extension shouting anti-state government slogans and burning effigies. They claimed the court order had left around 500 contractors and 60,000 labourers jobless.

Several units of the Rapid Response Force and a PCR vehicle each were deployed at Noida Extension and Gheza village to guard against any “law and order problem,” said the DM, H Kumar.

http://content.magicbricks.com/builders-told-to-clear-out-of-sahberi

Visit www.7bigha.com to get best in Real Estate.