Order For AOAs & Builders Not To Charge Owners Extra For Flat Sale

Noida Industrial Development Authority

More than 120 builders and apartment owners’ associations (AOAs) received notices from the Greater Noida Industrial Development Authority (GNIDA). GNIDA warned them not to charge any other amount except maintenance fees from flat owners who wish to sell their properties. Authorities got complaints from residents during selling flats that builders of AOAs want lakhs of amounts prior to issuing a no-objection certificate to the residents. Officers even said this act is completely illegal and counted as a category of corruption. Surendra Singh, the CEO of GNIDA, said, “The authority has…