Amidst the growing pressure by the Uttar Pradesh Government and authority, 1000 homes get completion certificates from Yamuna Expressway Industrial Development Authority (YEIDA). The certificates are provided for the project, Park View, which is being developed at Pocket 3, YEIDA area.
As the developers are under a great pressure to offer possession of 50000 flats by the end of this year, hence they are giving their best shot to avoid penalties. YEIDA CEO, Arun Vir Singh said, On Thursday we have given completion certificates for 1,041 flats in the Gaurson’s project,” said Singh. “Five other builders with projects in YEIDA area consisting of 1,700 flats, 330 villas and 700 plots have also applied for completion. We are processing their applications and ensuring all criteria are in place before we issue completion certificates.”
Much to the delight of homebuyers, YEIDA has also begun the property registration process for the flats launched under affordable housing scheme 2013. He added, “The lease plan for 2,970 flats in our affordable housing scheme launched in 2013 has been issued. These home buyers will now be able to register their homes in Sector 22D. Another 806 plots allotted in the 2009 scheme have already been given possession while 4,500 flats will be ready by March 2018 in Sector 20.”