The development for homebuyers at Eldeco Aamantran in Noida, a special registration camp held on Saturday successfully registered 81 flats, generating a revenue of Rs 2.4 crore for the state. This initiative, organised by the stamps and registration department, is part of the Uttar Pradesh government’s directive aimed at facilitating property registrations at residents’ doorsteps.
The decision not to opt for the state’s rehabilitation scheme for stalled projects, largely due to relatively low dues owed by the developer, has nonetheless allowed many homebuyers to realise their long-awaited dream of property ownership. Residents expressed their joy, likening the moment to celebrating an early Diwali, a sentiment echoed across the community.
The president of the Eldeco Aamantran apartment owners’ association reflected on the journey from the project’s inception in 2006-07 to the gradual possession of flats starting in 2019. Out of 1,260 flats, 950 have been registered, while 310 remain pending due to unpaid dues. Community efforts, including meetings with Chief Minister Yogi Adityanath, have aimed to resolve these issues. The assistant inspector general of stamp and registry organized a registration camp to assist buyers who cleared their dues but faced delays. Homebuyers expressed relief, with one calling the registration a “Diwali gift,” highlighting the emotional significance of finally securing ownership of their flats.
During the AGM of the Eldeco Group, it was confirmed that the developer has paid Rs 5 crore in dues to the Noida Authority, demonstrating a commitment to resolving outstanding issues. Tandon announced plans for another registration camp after Diwali, continuing support for residents. However, Eldeco Aamantran’s relatively low dues disqualified it from the state’s rehabilitation package for developers affected by Covid-19. Despite this, the registration department has successfully registered 5,925 flats in Greater Noida and 1,627 in Noida between February and October 2024. The next registration camp is set for Tuesday at Great Value Sharanam, reflecting progress in accessible property registrations in Uttar Pradesh.
