Special Registration Camp Generates Rs 2.4 Crore for 81 Flats in Noida
Real Estate

Special Registration Camp Generates Rs 2.4 Crore for 81 Flats in Noida

The stamps and registration department hosted a special camp at Eldeco Aamantran, Sector 119, successfully registering 81 flats and generating revenue of Rs 24 million. The camp was organized following the Uttar Pradesh government's directive to facilitate doorstep property registrations, despite the developer opting out of the rehabilitation scheme for stalled projects due to relatively low dues.

Homebuyers receiving their registration papers expressed joy, describing the experience as an early Diwali celebration. Nikhil Singhal, president of the Eldeco Aamantran apartment owners' association, noted that construction began in 2006-07, with possession starting in 2019. Of the 1,260 flats across 14 towers, 950 were registered, while 310 registrations remained pending due to unpaid dues to the Noida Authority.

Singhal stated, “We met with CM Yogi Adityanath twice, and he assured us the issue would be resolved.”

BS Verma, assistant inspector general of stamp and registry, emphasized the camp's purpose: “Following the state government's orders for doorstep property registrations, we organized this camp to assist flat buyers who have paid their dues but waited years to complete registration. We will conduct more such camps in the future.”

Residents, relieved by the progress, echoed sentiments of joy. Kavita Singh, a homebuyer, remarked, “We moved in after paying dues but could not complete registration due to pending payments by the developer. Without registration, it did not feel like we owned the flat.” Another resident, Pooja Mehta, shared, “I booked a flat two years ago and was waiting for registration. This camp feels like a Diwali gift.”

Sandeep Tandon, AGM of the Eldeco Group, confirmed that the developer had paid Rs 50 million in dues to the Noida Authority and plans to hold another registration camp after Diwali. Officials clarified that Eldeco Aamantran did not qualify for the rehabilitation package due to its low dues. Only 29 out of 57 defaulting projects in Noida accepted this package, which offers two years of relief on interest and penalties for developers impacted by the COVID-19 lockdowns.

The stamps and registration department hosted a special camp at Eldeco Aamantran, Sector 119, successfully registering 81 flats and generating revenue of Rs 24 million. The camp was organized following the Uttar Pradesh government's directive to facilitate doorstep property registrations, despite the developer opting out of the rehabilitation scheme for stalled projects due to relatively low dues. Homebuyers receiving their registration papers expressed joy, describing the experience as an early Diwali celebration. Nikhil Singhal, president of the Eldeco Aamantran apartment owners' association, noted that construction began in 2006-07, with possession starting in 2019. Of the 1,260 flats across 14 towers, 950 were registered, while 310 registrations remained pending due to unpaid dues to the Noida Authority. Singhal stated, “We met with CM Yogi Adityanath twice, and he assured us the issue would be resolved.” BS Verma, assistant inspector general of stamp and registry, emphasized the camp's purpose: “Following the state government's orders for doorstep property registrations, we organized this camp to assist flat buyers who have paid their dues but waited years to complete registration. We will conduct more such camps in the future.” Residents, relieved by the progress, echoed sentiments of joy. Kavita Singh, a homebuyer, remarked, “We moved in after paying dues but could not complete registration due to pending payments by the developer. Without registration, it did not feel like we owned the flat.” Another resident, Pooja Mehta, shared, “I booked a flat two years ago and was waiting for registration. This camp feels like a Diwali gift.” Sandeep Tandon, AGM of the Eldeco Group, confirmed that the developer had paid Rs 50 million in dues to the Noida Authority and plans to hold another registration camp after Diwali. Officials clarified that Eldeco Aamantran did not qualify for the rehabilitation package due to its low dues. Only 29 out of 57 defaulting projects in Noida accepted this package, which offers two years of relief on interest and penalties for developers impacted by the COVID-19 lockdowns.

Next Story
Products

Dash Square Unveils Keerwick Sofa from Ashley Furniture

Dash Square introduces the latest addition to its curated collection of sofas from Ashley Furniture HomeStore—the Keerwick Sofa. Known for its contemporary designs and exceptional craftsmanship, the brand continues to redefine home interiors with statement pieces that blend style and comfort.The sofa stands out with its bold blue hue, designed to bring a fashion-forward pop of color to any living space. Upholstered in soft, velvet-like polyester fabric, it offers both aesthetic appeal and plush comfort. Built on a corner-blocked frame with high-quality foam cushions wrapped in poly fiber, th..

Next Story
Infrastructure Transport

Odisha to Develop Four New Airstrips in Western Region

The Odisha government has announced plans to develop four new airstrips in western Odisha, increasing the region’s total number of airports to eight. The new airstrips will be located at Jamadarpali (Sambalpur), Satibhata (Bargarh), Gotma (Nuapada), and Tusura (Balangir), as confirmed by Transport Minister Bibhuti Jena in response to a query from Balangir MLA Kalikesh Singh Deo in the state assembly. Currently, western Odisha has four operational airports—Jeypore (Koraput), Veer Surendra Sai Airport (Jharsuguda), a small airport in Rourkela (Sundargarh district), and an airstrip at Utkela..

Next Story
Infrastructure Energy

Western Coalfields Bids for Two Coal Blocks in Commercial Auction

In a strategic move to overcome limited reserves and challenging geo-mining conditions, Western Coalfields Ltd (WCL) has participated in the bidding for two coal blocks under the 11th tranche of the commercial coal blocks auction, marking the first-ever participation of a Coal India subsidiary in such an auction. WCL has placed bids for the Bandhak West and Dahegaon Makardhokra IV non-coking coal blocks, both located in Maharashtra and close to the company’s existing mining operations. Chairman and Managing Director Jai Prakash Dwivedi highlighted that securing these blocks would allow WCL ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?