The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has appointed Delhi-based Rudrabhishek Enterprises (REPL) as third-party consultant to monitor physical & financial progress of projects in Greater Noida, the company said in a media release.
These include Casa Grande 2 of Earthcon Construction, La Palacia of Newtech La Palacial and Unibera Towers of Unibera Developers. Total number of units in these projects are 1,925 and the estimated cost of completion will be approx. Rs 225.11 crore.
Pradeep Misra, CMD of REPL said, “We will be working closely with all the stakeholders, including the authority and flat owner associations. Our priority is to develop and implement proper monitoring & supervision mechanism for time-bound completion of remaining construction works on these projects.”
The company will monitor the construction of remaining development work and report to authority as per overall project implementation plan.
“REPL will review the tendering process, physical performance, and timelines. REPL will also review the fund utilization, and construction quality,” said Satish Sehta, VP- Building Services, of the company.
The company is already working as consultants for Jaypee Greens Knights Court project awarded by UP-RERA.