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GNIDA cancels land allotment to Assotech Infrastructure

Assotech Infrastructure was allotted 18,141 square metres of land in 2006. The builder also took possession of the plot in October 2006 following the execution of a lease deed but never went ahead with the project.

The Greater Noida Industrial Development Authority (GNIDA) has cancelled land allotment to a group housing project in Sector Pi since the builder has failed to start construction more than 15 years after the allotment. Officials said that even the map of the project was never passed.

Assotech Infrastructure was allotted 18,141 square metres of land in 2006. The builder also took possession of the plot in October 2006 following the execution of a lease deed but never went ahead with the project.

Soumya Srivastava, OSD (builder department), said, “The builder was required to complete the construction work in six years and then get the occupancy certificate. After this period, the builder can obtain some more time by depositing a prescribed fee to the authority, but the builder did not even get the map passed. It also did not apply for any extension.”

Srivastava added that there was no provision to give any concession once 15 years had passed since the issue of the lease deed. “The tenure of the plot allotted to Assotech Infrastructure crossed 15 years in March 2022. In these 15 years, the builder did not initiate any work. Additionally, the builder did not inform the authority about any flat bookings,” he added.

Srivastava said the builder would get back 75% of the total amount deposited for the plot allotment.

The authority will now allot this plot under a new scheme, he added.

YEIDA CEO Surendra Singh said, “Any allottee who does not complete a project within stipulated time will not be spared. All departments have been ordered to cancel allotments to allottees, sitting on projects for a long time and not making any progress. The authority will take possession of those plots and allot them through new schemes.”

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