Noida: Noida Authority has started cracking down on builders. Late on Tuesday evening, action has been taken against 17 defaulter builders for recovery of dues of Rs 2702.51 crore. In this, RC has been issued to recover dues of Rs 1312.69 crore from 11 builders. Whereas plot allotment has been canceled on 6 builders for non-payment of 1389.82 crore dues. It also includes plots located in Logix Buildcon Private Limited Sector-124 and Sector-105. This action of the authority has stirred the builders. Please inform that this action has been carried out by the business department of the authority. For this, notices were repeatedly issued by the authority to the builders to recover the dues in July-August.
action taken on these
In the last two years, for taking action against seven allottees, recovery demand letters have been sent to the District Magistrate. And six allotments have been cancelled. 54 crore were outstanding on these six allottees. On behalf of the Commercial Department, recovery demand letters have been issued on seven allottees for recovery of dues of Rs 4 crore, 26 lakh.
Builder Sector Plot Number Outstanding
- Granite Hills Properties Pvt Ltd 98C-01-B 350 Cr
- MMR Saha Infrastructure Pvt Ltd 52 E-01 869 Cr
- ET Infra Developer Pvt Ltd 16C-01 63 Cr
- Supertech 61C-134-B 27 Cr
Builder’s allotment canceled
- Builder Sector Plot Number Outstanding
- Logix Buildcon Pvt Ltd 124A-01-B 796 Cr
- Logix Buildcon Pvt Ltd 105C-03-B 588 Cr
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