Noida authority begins verification of Amrapali Sapphire buyers

The Supreme Court-appointed receiver met the buyers of Amrapali Sapphire I late on Monday evening and asked them to file affidavits along with documentary proofs so as to facilitate the Noida Authority authenticate the ownership of all flats and expedite the process of tripartite registration. This was the first meeting held between the Sapphire buyers and court receiver R Venkatramani in compliance with the July 23 orders of the Supreme Court that had directed the Noida and Greater Noida authorities to immediately start registration of flats of homebuyers after cancelling the land lease between the developer and the authorities. Once the buyers submit the affidavits, the Noida Authority will authenticate the ownership of all flats and weed out ambiguity by verifying paperwork of dues paid and original ownership papers. Subsequently, the tripartite registry is to be signed between the Authority, the court receiver (now officiating as builder) and the homebuyers. The apartment owners association of Amrapali Sapphire I, who met the court receiver, said that “some 400 buyers have already submitted affidavits to their legal counsel”.