UP-RERA to complete festival city in Noida sector 143

Dated on: Monday 2nd May 2022

UP-RERA has decided to help 600 odd buyers left with no option after the builder defaulted on delivery timelines and then stopped construction altogether. The buyers approached the UP-Rera, which sent notices to the developer. When it failed to respond, the regulatory authority blacklisted the developer and de-recognized the project.“Our next step was to take the consent of all the buyers and get the project completed. Two groups of buyers under Mist Avenue Buyers’ Association and Festival City Welfare Association showed interest in reviving the project, said a Rera official.

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