Monday, 4 July 2016

Over 72 housing projects to get completion certificates by Dec

The slow-moving completion-possession cycle of Noida properties is all set to see accelerated action in the coming months with the Noida Authority working to issue completion certificates on a fast footing. The buyers, though happy, still feel that infrastructure should grow in tandem with the growth spurt in the city's new living hubs.

"So far this year, we have given completion certificates to 47 projects," P K Agarwal, Additional CEO, Noida Authority, told TOI. "Presently we are processing 15 more. These will take three more months to be cleared. By the end of the year, we would have offered completion certificates to nearly 72 projects," he added.

The projects which are complete and set to receive new residents are in Sector 76, 77, 78, 118, 119, 137.
"The official procedure takes time. However, we are meeting city builders on a daily basis. While we want the quality to be in place, projects need to be speeded up," a senior officer said.
"Those living in apartments without completion certificates are doing so illegally. Safety is a major issue. We want to check that. Also, from now on, we will clear safety standards of building plans only if it is cleared by an IIT. We will not accept plan clearances by any other institute," Agarwal added.
Meanwhile, buyers groups have been showing concern over the state of infrastructure at the new residential hubs. "Water supply, roads, streetlights are all major concerns at the new apartment hubs," Indrish Gupta, co-founder, Nefowa, one of the more active buyers groups of NCR, said.
"Similar to Noida Extension, even in Noida, these amenities should be looked into from the start to ease out settling process," Gupta added.

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