Homebuyers demand written promise of no extra charges
NEFOWA has been leading a protest against a realtor that recently demanded additional payment from flat buyers in lieu of the additional compensation they have been asked to pay for acquiring land by the authority
Sep 22, 2014
Source : The Times of India
Residential Complex


NOIDA: The Noida Extension Flat Owners Welfare Association (NEFOWA) has written to 26 builders seeking their response on possible extra payments at the time of handover of flats. The association has asked all the builders to submit a written 'note of promise' that no extra charges will be levied on buyers at the time of handover of flats. NEFOWA has given a seven-day time limit to the builders to respond.

NEFOWA has been leading a protest against a realtor that recently demanded additional payment from flat buyers in lieu of the additional compensation they have been asked to pay for acquiring land by the authority.

"Buyers have been asked to draw drafts in Noida authority's name. We want to know why so, and if it is indeed the authority to which buyers have to submit their cheques, then which department is in charge," said NEFOWA president Abhishek Kumar.

"Charging anything extra beyond what was agreed upon in the builder-buyer act is a violation of the UP apartment act, 2010. We're moving court against the builder who has already charged Rs 50 per sq ft to buyers in lieu of land acquisition charges. We've asked for responses from all builders, and if we find others planning the same, we'll address them all in our case," said Indrish Gupta, co-founder of the association.

In 2011, all builders in Noida Extension were asked to revise their compensation to farmers. This led to a rise in expenses of builders for acquiring land. Yet, says NEFOWA, a representative of builders' association CREDAI had earlier agreed in principle on national media that buyers would not be affected by this.

"We have those documents and even the video clippings. They are considered valid legal proof. Buyers are already heavily burdened by delays, along with the rent they are having to pay till their apartments are delivered. They are in no position to pay anything extra. Such last minute pressure on buyers at the time of the handover is unjust. Now that most buyers are approaching completion, and will be handing over finished flats soon, we want to make sure they don't suffer," said Abhishek Kumar.


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