After Intelligence CAG, Sub-Leasing Plot Housing Group in Noida to Stop – News2IN
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After Intelligence CAG, Sub-Leasing Plot Housing Group in Noida to Stop

After Intelligence CAG, Sub-Leasing Plot Housing Group in Noida to Stop
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Noida: The group housing plot division, one of the reasons identified by comptrollers and general auditors for real estate noida problems, will no longer be permitted.
Formal decisions about this possibility at the next Noida Authority meeting.
Efforts to schedule them before the date for assembly selection was announced in January and the model behavior model began to apply.
In his first comprehensive audit report, which viewed the functions of the Noida Authority during the 13-year period from 2005-2018 and was submitted in the State Assembly on December 17, CAG showed that it enabled third party rights to the plot allocated to the broker to let others have caused a balloon of contributions because The legal complications he has created, in addition to dilute the builder commitment to deliver a home on time.
Long delays in the delivery schedule and thousands of crores in real estate contributions are two bugbears from the Noida real estate industry.
The National Auditor found large-scale deviations in land acquisition, quota, and approval in Noida, which he said was caused by conving between realtors and officials.
“Audit found significant irregularities in policies adopted by Noida in the field of planning, land acquisition, property prices and allocation of traits under various categories.
Failure was observed at the level of the council noida, management and its officials,” said the CAG report.
In addition to eliminating group housing sub-leasing, the Noida Authority Board is expected to include other suggestions about the CAG in its agenda for the next board meeting to streamline the income function and strengthen the income generation.
Among them are standardizing the industrial plot allocation procedure by improving parameters.
“The rationing committee must be done in a standard format in the upcoming scheme and everything will be carried out transparently to promote industrial development.
Unnecessary obstacles will be removed,” said a senior officer in the State Department of Industry.
Prepare a mechanism to prepare audit reports every year, discussions about the annual budget for the next fiscal, and a process to improve the responsibility of officials responsible for sharing assistance to the meeting board will also be taken at the Board Meeting.
Officials in the housing section of the Noida Authority Group said the logography of the city sport will be discussed with peak authorities.
“But right now, we have no announcements to do this problem.
Without the direction of the state government, it will be difficult to sort out the complexity,” the officer added.
CAG was very critical of the Sports City initiative, where the plot sub-division caused four large land packages which were originally allocated to initiatives up to four consortiums that were divided into 81 small plots, who dispose of the scheme.
Noida has provided a sanction of 46,000 flats in sports cities – planned especially in sectors 79 and 150 with several land parcels in the sector 78 and 152 – including only around 8,000-10,000 have been completed.
But logging through contributions and license conditions means the registrants are jammed.
Among other important points in the next council meeting agenda are the budget for the second stage of Noida International Airport and proposals to change the government’s orders to develop the city of Satellite Noida.
The state government in January last year told 80 villages in Bulandshahr and Dadri to be brought under the control of the Noida Authority.
Among these, five villages are located in the distance from others while the names of 11 villages in the region are not looking for government order.
This proposal will combine these 11 villages and keep five further from the satellite city plan.
The source said the board meeting is expected to take place before January 15 next year.

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