Relief for homebuyers; UP govt to file FIRs against builders for non-registration of flats
In Gautam Buddha Nagar district alone, nearly 16,200 units have been allocated to buyers without proper registration. "We were getting a number of complaints that even after taking the money, the builders were not doing registry. We have got a letter in this regard from District Magistrate, Noida and after its review we found the customers were befooled as they could not get their properties registered," UP Stamp and Registration minister Nand Gopal Gupta Nandi told PTI.
The Uttar Pradesh government has decided to file FIRs against builders who have given possession of flats to buyers without registration that has resulted in revenue loss to the state exchequer besides causing distress to customers. Image source: Reuters