Posting Date: 07-05-2024
The Noida authority has filed a review petition before the Allahabad high court challenging its earlier order that directed that registry of apartments in Lotus 300 housing project in Sector 107, Noida, be executed without further delay.
The Noida authority has contended that it cannot allow registries without the realtor clearing financial dues. The development is going to further delay the handover of flats to buyers, who have been waiting since a long time to get possession.
In response to a writ by homebuyers, the Allahabad high court had on February 29, 2024, directed the Noida authority to execute the registry in Lotus 300 housing project without seeking a no-dues certificate from the realtor.
The HC had given a month for execution of registries and also directed the enforcement directorate to open investigations into the builders of Lotus 300 over alleged misappropriation of funds. The society, which comprises 330 flats, is currently occupied by about 300 residents.
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