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“We have lost faith in the system — the government, the legal system, the banks, everything.
I am not even sure I want to have a bank account anymore,” said Lata Iyer, one of the protesters.
Buyers are worried that if the insolvency procedure is initiated, then the banks would be at liberty to auction the flats to recover their money, leaving the buyers with nowhere to go.“This is the connivance of the builder, politicians and the Noida authority. New developers will buy it and sell it again at maybe even double the rates.
We will probably get 30%-40% of our initial investment…
At am, our intelligence staff noticed the suspicious movement of a burqa-clad woman.
During enquiry, it was found that the woman was a 26-year-old Hindu and travelling to Mumbai by Jet airways flight 9W 358.
The officer quickly alerted her seniors about the “suspicious” woman.
They had a scheme at the time under which if we paid 95% of the amount upfront as down payment then we would get a discount of almost ₹1.9 lakh.
Her husband, Rajesh Yadav, echoed the general mood of the crowds that raised slogans against the Modi and Yogi governments. They have allowed two parties, the buyers and the builders, to take loans on the same property,” he said.
He said the situation arose due to government’s negligence and possible participation.
The Delhi Metro promises to ferry commuters to the airport in maximum 50 minutes from Noida, Ghaziabad, Gurgaon and Faridabad as well as from several parts of the national Capital once the Terminal 1–IGI Airport station becomes operational.
Expecting nearly one lakh people to use the airport Metro station every day, the Delhi Metro is constructing the largest underground metro station with a special train reversal facility that enables to increase the frequency of trains up to the airport.