The CEO of Greater Noida Industrial Development Authority (GNIDA), Mr. Deepak Agarwal, confirmed that large scale complaints have been received from builders in Greater Noida. The complaints list out the following grievances:
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Possessions delays
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Non registration of properties
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Poor construction quality
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Illegal construction
Before making any decision on a project, PropertyChek recommends a buyer to conduct thorough analysis and background research on the builder, specifically checking the builder’s earlier projects for:
- Construction delays
- Illegal construction
- Construction quality
- Balance sheet / financial issues (many times, this may not be possible)
In addition, buyers should confirm the builder has Title and required Approvals to undertake construction for the upcoming project. One reason for these developer delays in lack of title and / or lack of construction approvals.
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