DM to Take Over Greater Noida's Sushant Megapolis Project After Builder Fails Buyers for 12 Years
Greater Noida
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News18•31-01-2026, 10:09
DM to Take Over Greater Noida's Sushant Megapolis Project After Builder Fails Buyers for 12 Years
- •The National Consumer Disputes Redressal Commission (NCDRC) has ordered the District Magistrate (DM) of Gautam Buddh Nagar to take control of the Sushant Megapolis project from Ansal Hi-Tech Township Limited.
- •This historic decision comes after the builder failed to hand over plots or refund money to buyers who booked in 2008, even after 12-13 years, and ignored a five-year-old refund order.
- •The NCDRC emphasized the need for concrete steps for justice, stating that all future payments for the project must go through the DM/Receiver, not directly to the builder.
- •The order aims to protect buyers from builders' arbitrary actions and sets a strong precedent for consumer rights in the real estate sector.
- •The NCDRC had previously ruled that builders cannot indefinitely delay projects and plot buyers are entitled to full refunds and compensation for delays beyond a reasonable timeframe.
Why It Matters: NCDRC empowers DM to seize Greater Noida project, setting a precedent for builder accountability and buyer protection.
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