India, Aug. 4 -- NOIDA

With an ongoing tussle between the developers and the Noida authority over dues in the sport city projects in sectors 78, 79 and 150, around 30,000 homebuyers appear to be having a tough time awaiting possession of ready apartments. Realtors, developing housing complexes in Sports City projects are opposing the Noida authority's demand notice citing anomalies in calculation of interest rate imposed on the land cost dues, and lease rent among other grounds.

On Sunday, the confederation of the real estate developers association of India (CREDAI) sought the immediate intervention of the Noida authority and the UP government. In letters to the Noida authority's chief executive officer (CEO) Lokesh M, and Uttar Pradesh...