Sharing this one from ET Realty
NOIDA: The Allahabad high court has issued a notice to the Noida Authority chairman on Tuesday stating that no builder should be allowed to change the floor area ratio (FAR) of their apartments without prior consent of the home buyers.
The court has asked the Noida Authority to submit an affidavit with the court within a month, with details off all those projects which have been sanctioned changes in floor area ratio so far, by deviating from the original layout plans.
This order has been given by the Allahabad High court on Wednesday after the Noida Extension Flat Owners welfare Association filed a petition with the high court against the builders who have increased the floor area ratio of apartments without prior consent from buyers.
“Previously the buyers were not being informed about the change in FAR. The builders would inform the Noida Authority and a notice would be brought out in the papers and if any objections were to be made, people could do it following the notice. But we felt this to be really unfair, so we went to the court,” Shweta Bharti, general Secretary of Nefowa said.
“This order will help future home buyers; and would ultimately mean that the buyers would end up getting what they initially signed up for and if there are possibilities of change to the original plan, even then the buyers would be a part of that change in decision,” Indrish Gupta, co-founder, Nefowa added.