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Noida Authority orders sealing of unsold units in ATS & Supertech projects, Real Estate News, ET RealEstate

Noida Authority orders sealing of unsold units in ATS & Supertech projects, Real Estate News, ET RealEstate
NOIDA: The Noida Authority on Friday initiated action against developers who are yet to act on complaints related to handover of maintenance to apartment owners’ associations, among other things.

In a meeting in August, the Authority had given developers a September 30 deadline. The most common complaint was interest-free maintenance charges not being transferred to the AOAs after the handover.

On Friday, Noida Authority ordered the sealing of unsold units in projects by ATS and Supertech.

An unoccupied penthouse of ATS One Hamlet in Sector 104 and unsold units in Supertech Capetown in Sector 74 will be sealed. Officials said no further construction would be allowed in the Capetown project as the developer had not only failed to resolve issues buyers ha raised but also did had not paid water charges amounting to about Rs 10 crore.

The Authority has asked Prateek Infra to submit a resolution plan for paying the remaining funds to the AOA of Prateek Edifice in Sector 107. It also ordered an inspection on the basis of complaints of the AOA of Mahagun Moderne in Sector 78.

Mahagun and Sunshine Infrabuild Pvt Ltd (Sunshine Helios in Sector 78) were let off with a warning as the two developers said the cases were pending before the Allahabad high court.

ATS group was also asked to submit by October 4 a resolution plan for sorting out issues with the AOA and draft another proposal for Greens Village in Sector 93A.

While most developers could not be contacted, ATS group CEO Sanjay Sethi said, “We have been actively engaged in the handover process with the AOA and have kept the Noida Authority intimated at all steps. The apartment in question was an unoccupied unit that was wrongly sealed in haste. We have provided the relevant documents to the Authority to de-seal the apartment immediately.”


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