To resolve the issues of the buyers who had purchased flats in the projects floated by the real estate company in Noida and Greater Noida, the Supreme Court had appointed a court receiver. An inventory of more than 9,500 flats was prepared. Among them, close to 1,800 buyers from Noida are yet to submit their applications to stake claim to their flats.
According to Noida Authority officials, these buyers had invested in the projects floated by the group and their names were mentioned in the records maintained by the group housing department. However, these buyers have not come forward so far.
Officials said that some names of buyers could be fictitious, while some could be people who have shifted to other cities or passed away during the course of events. Such buyers have been given 15 days to come forward and submit the documents to the state-run NBCC in its office in Sector 76. The court receiver appointed by the apex court will examine the documents and update the records, officials said.