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Allahabad HC asks Noida authority to start registry of Meghdutam housing project

Jan 20 2025

Allahabad HC asks Noida authority to start registry of Meghdutam housing project

Allahabad HC asks Noida authority to start registry of Meghdutam housing project

 

The Allahabad high court has asked Noida Authority to proceed with flat registrations at Meghdutam housing project in Sector 50, offering relief to many residents who have waited years for property documents despite making full payments. A division bench of Justices Manoj Kumar Gupta and Anish Kumar Gupta issued the interim order on Jan 15, responding to a petition filed by 19 residents. The court instructed the Authority to execute the registries based on an occupancy certificate issued a decade ago. It also asked the Authority to simultaneously pursue the recovery of dues from TGB Infra Developer the builders. The bench criticised the Authority's lack of concrete action in recovering the outstanding amount from the company. It noted that Anil Kumar Saha — one of the directors at TGB Infra — held the post in 39 other active real estate companies, which provided the Authority with ample avenues for the recovery of dues. It then scheduled the next hearing for Feb 6. The Meghdutam project, comprising 173 units across 12,750sqm, was allotted to TGB Infra in 2008. According to Authority's records, its outstanding dues stood at Rs 55.3 crore initially, but were reduced to Rs 43.7 crore after the two-year zero waiver under the state govt's rehabilitation package. But the developer did not opt for the policy.The Authority had previously issued multiple notices to TGB Infra between May and Aug last year, threatening to cancel allotment of land. In May 2024, it displayed a notice regarding unpaid dues at the project's entrance. In Oct, it warned the developer about referring its case to the Economic Offences Wing if the dues remained unpaid.
 

 

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