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Noida home buyers' dream houses in limbo

The homebuyers said their long wait for the Amrapali builders to show some progress in construction on ground, resulted in this resentment and protest.

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Homebuyers protest outside the office of the Amrapali group in Noida’s Sector 62 on Saturday
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Around 500 home buyers, who have purchased apartments in different projects of Amrapali builders in Noida and Greater Noida staged a protest outside the office of the Amrapali group in Noida's Sector 62 on Saturday. They were protesting against the builder for the inordinate delay in construction of the flats.

The homebuyers said their long wait for the Amrapali builders to show some progress in construction on ground, resulted in this resentment and protest.

"Our patience has run out. There are many projects, and no result on the ground. What are we supposed to do in such a situation?" said Shweta Bharti, General Secretary, Nefowa.

"This protest is long overdue. We have been waiting for action to be taken. It is already July and another year is rolling by," Bharti added.

Amrapali group,on the other hand, has proposed to the Noida and Greater Noida authority that they can remedy this situation with the help of co-developers.

"It is only a matter of time before the proposal for accepting co-developers is approved. It is the only way out. Buyers should understand that we have submitted a schedule of completion and we won't be able to build 40,000 flats overnight." said Shiv Priya, Executive Director, Amrapali group.

Noida authority officers have still not confirmed the builders' claims of procuring eight co-developers, and there are doubts regarding the said proposal — whether it will be accepted and if it will help Amrapali minimise its risks.

"We are working towards completion. We have even opened escrow accounts with buyers in two of our projects. Out of 40,000 buyers, just a few hundred protesting doesn't represent the grouse of all our customers," Priya said.

The buyers screamed slogans and voiced their concerns. The protest was dismantled by the city magistrate who assured the homebuyers of help.

"We have been assured by the city magistrate that legal action will be taken against the builder. We will lodge our complains and wait for legal action. Our patience has run out," said Varun Dixit, a buyer.

Working hard

Priya says they are working towards completion and have opened escrow accounts with buyers in two of their projects. 

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