Flat buyers protest 'extra charges', mull legal action before realtors hand over flats
The UP apartment act of 2010 specifies that no extra charge can be levied on buyers unless it is agreed upon beforehand between buyer and seller, but In their demand/possession letters, some builders are demanding an additional Rs 50 per sq ft, others a lump sum of Rs 50,000 to Rs 1 lakh as interest
Aug 26, 2014
Source : The Times of India
Residential Apartments

 

NOIDA: Hundreds of flat buyers under the banner of Noida Extension Flat Owners Welfare Association (NEFOWA) assembled on Sunday at Greater Noida West to protest against the one of the major issues raised by NEFOWA is the additional 'land acquisition charges' that builders are allegedly adding to the final settlement bills before handing over the flats.

"In October 2011, Allahabad high court had ordered builders to pay additional compensation to farmers as land acquisition charges," said Shweta Bharti, general secretary of NEFOWA. "But during an earlier protest, builders had verbally agreed not to levy additional charges on buyers," she added.

"Not only that, the UP apartment act of 2010 specifies that no extra charge can be levied on buyers unless it is agreed upon beforehand between buyer and seller. Yet, while handing over flats, many builders have been recovering additional amounts from buyers under land acquisition charges," said Indrish Gupta, co-founder of NEFOWA.

"In their demand/possession letters, some builders are demanding an additional Rs 50 per sq ft, others a lump sum of Rs 50,000 to Rs 1 lakh as interest," said Bharti, adding that NEFOWA has decided to take legal action against builders if protests go unheeded.

"As a result, buyers, who are already suffering from project delays because of farmer agitations, are now being burdened with extra charges for which they have to look for funds afresh," she said.

"We've continuously protested irregular additional charges by builders, and will take legal recourse if these civic protests go unheard," she added.

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