Noida authority steps-in to settle upkeep row at Omaxe

Noida authority steps-in to settle upkeep row at Omaxe
27/01/2020 , by , in News/Views

Officials of the Noida Authority held a mediation meeting with builders’ representatives and members of apartment owners’ association (AOA) of Grand Omaxe society in Sector 93 B on Friday. Residents have been complaining that the builder has been reluctant in handing over the ownership and has also not returned the maintenance security amount to the AOA.

As per residents, a total of Rs 12 crore for Interest Free Maintenance Security (IFMS), collected by the builder, has not been transferred to the AOA though representatives of the builders had contested the claim. Other issues included not transferring the documentation such as power and water bills, layout maps for the society, fire NOC, environment clearances and compliance certificates in the name of the AOA.

“The builder has been trying not to hand over the documents so that we are not able to claim full ownership of our property and its services,” said PVS Prakash, AOA president. Residents said several infrastructure work was also left incomplete.

The Authority officials said, a mediation meeting was called last year as well when the builder’s representatives had not turned up. Even for the Friday meeting, Omaxe had sent its junior officials. The builder could not be contacted for a comment.

Additional CEO of the Authority Shruti said, “We’ve instructed the builder to send some senior officials with decision making power for the next meeting scheduled in February. We have also asked them to pay Rs 1 crore for IFMS by next month.”

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