NOIDA, March 4 -- In three months, the Noida Authority will hold camps in housing societies to help homeowners register flats that had not been transferred from realtors.
It directed realtors to ensure all documents were ready from their end.
In Noida, all properties, be it a flat or a plot, are leased for 90 years. The flat is transferred under a tripartite lease-deed between the realtor, buyer and the Noida Authority.
According to the authority's, there are around 20,000 occupied units without the lease-deed. The Uttar Pradesh government on March 1 directed the Noida Authority to execute the lease-deed. The delay had already cost the exchequer, and homeowners who had been living in the units for at least five years did not have title d...