Empowered Committee to set up soon for resolving home buyers issues: Housing Minister

By Realty Quarter Bureau

The empowered committee, set up by the Housing and Urban Affairs Ministry, will reach out to home buyers to resolve their problems ‘at the earliest’, Union minister Hardeep Singh Puri said, on July 1, 2018. The union minister of state (independent charge) for housing and urban affairs said that on June 25, 2018, the committee, chaired by MoHUA secretary Durga Shanker Mishra, had held its first meeting, regarding issues faced by home buyers in Noida, Greater Noida and Yamuna Expressway areas.

In a series of tweets, Puri said that the panel comprising representatives of the Uttar Pradesh government, banks, NBCC, CEO of New Okhla Industrial Development Authority (NOIDA) and others, would hold the next meeting after analyzing reports. “Committee has called reports from CREDAI, NAREDCO, Banks, NOIDA & NBCC. Dept of Financial Services, Dept of Corp Affairs, CEOs of GNOIDA & YEW and Rep of Home Buyers have been co-opted in the committee. Next meeting after analyzing reports is scheduled on Tues 10th July (sic),” Puri tweeted. In another tweet, the union minister said, “The committee will reach out to the home buyers, with a view to resolving their problems at the earliest.”

Last month, blaming a few builders for bringing a bad name to the real estate sector, Puri had said the government has set up advisory committees, to address problems faced by home buyers, as well as developers. He had assured home buyers, as well as real estate builders that the government would sort out most of their common problems as soon as possible, according to a statement issued by realtors’ body, NAREDCO.