Despite repeated demands of homebuyers to make details of developers public, Noida, Greater Noida and Yamuna Expressway authorities have failed to upload them on their websites. This move was supposed to ensure transparency and help propertybuyers check legality of housing projects.
With the region witnessing a boom in real estate sector, investors have to beware of land sharks and property frauds, which have barely been reported because of laxity on part of police and authorities. All their claims to ensure transparency in the realty business have been in vain in the past two years.
Several buyers’ associations, too, have demanded that authorities upload important details about developers on their official websites as it’s impractical for each homebuyer to visit their offices to check details of a project.
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