After 12 Years, HC Order Leads to Home Registries

Homebuyers in a Noida Sector 93B society got relief after a long wait of 12 years following the Allahabad high court directing their developer, Grand Omaxe, to pay land cost dues to the Noida authority as per rules and be eligible to execute the tripartite lease-deed of apartments.

- Vinod Rajput

NOIDA:

The Allahabad high court's June 29 order came in response to a writ filed by 30 homebuyers who wanted flat registration, having paid the total flat cost and also stamp duty to the developer more than a decade ago.

To be sure, around 300 homebuyers had not been able to get their flat registration done despite having paid their total apartment cost because of the developer, who became a defaulter, prompting the Noida authority not to allow the registries in the Grand Omaxe society.

"We are happy with the Allahabad high court order because we have suffered a lot in the past. We could not get the property title transferred due to the default of the developer. Now, after the high court order, we hope that the flat registry will take place as per the order without any delay. All the homebuyers whose registration was pending in Grand Omaxe will get relief finally," said Tarun Kapoor, one of the 30 petitioners.

The court order issued by the bench of Justices Manoj Kumar Gupta and Anish Kumar Gupta followed the developer's commitment to deposit an additional ₹25 crore within two weeks.

According to submissions before the court, this fresh deposit will enable release of 50 more flats for registry, covering many of the petitioners.