The meeting was chaired by Sanjiv Kumar Mittal, the infrastructure and industrial development commissioner in the state.
At the meeting, the developers representing Credai and Naredco were asked to submit a fresh payment plan to the two authorities. The issue of delayed registry of flats has been moving back and forth between the stakeholders for quite some time. Thursday’s was the third meeting to end the stalemate in the last seven months.
The impasse is over the rate of interest the developers are being charged by the two authorities for delayed payments. While the authorities have decided on an 11% interest, compounded every six months, the builders are unwilling to pay the amount.
UP govt trying to resolve issues of stalled projects in Noida, Greater Noida: State infra minister indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.
UP government transfers senior officers in late night reshuffle
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ACS Medical Education Rajnish Dubey has been made ACS Urban Development department.
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ACS Medical Education Rajnish Dubey has been made ACS Urban Development department.
In a late night administrative reshuffle, the Uttar Pradesh government on Monday transferred Additional Chief Secretary, Power Department, Arvind Kumar and few other senior officers.
Mr. Kumar has now been posted in the Infrastructure and Industrial Development Department, an official spokesman said in Lucknow.
Additional Chief Secretary (ACS) Finance, Sanjiv Kumar Mittal has been sent to the State Tax department in the same capacity, while ACS Vocational Education S Radha Mohan shifted to Finance in his place, he said.
10 senior IAS officers transferred in UP - Daijiworld com daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.