CEO of Noida Authority meets 21 builders having projects in Noida

In order to take a physical and financial update from the builders about each project, the CEO of Greater Noida Industrial Development Authority (GNIDA), Amit Mohan Prasad, held a meeting on Wednesday with 21 builders who have projects in Noida. The meeting was held to provide relief to hundreds of homebuyers who are struggling to get their homes and dealing with initiation of insolvency proceedings against developers. Chief Minister Yogi Aditya Nath had directed with the focus of the meeting to take a physical and financial update from the builders about each project. Prasad met officials of Amrapali, 3Cs, Loreat Buildwell, Colourful States, Unati Fortune, Logix, Pan Realtors, AIIMS Max Gardenia, E Homes, Antriksh, Assotech, Divine India, IVRCL, Sunshine and Granite among others. During the three-hour long meeting, every builder made a presentation of their ongoing projects. Prasad further said they have still to meet another 16 developers with ongoing projects in the city and for this the meeting is scheduled on August 18. Prasad informed media that once the authority has all the suggestions from the builders including the progress and status of their ongoing projects, they will take a call. Prasad further added that the suggestions they receive will be examined in detail for their ability to resolve the builder-buyer impasse.