UPRERA ISSUED SHOW CAUSE NOTICE TO 22 BUILDERS FOR NOT GIVING POSSESSION EVEN AFTER UPRERA ORDER:
Uttar Pradesh Real Estate Regulatory Authority has pointed out 397 projects which are not giving possession of flats even after order of UPRERA and also issued show cause notice to these builders. Out of them UPRERA has called 22 Builders on 23rd October 2019 in RERA office. If no satisfactory reply is received for the issued notice then RERA will impose 5% penalty on teh total cost of the project. In these builders Ghaziabad Development Authority and Greater Noida Development Authority are also included. UPRERA has taken this decision after receiving complaint from homebuyers. As during the proceedings teh builder agree to give possession within 45 days of passing the order by way of affidavit but thereafter deny to give possession.