Letter to YEA for waiver of interest on installments from deemed date of possession

[harpreet mittar]

Hello All,

This is just for info. I would urge everyone to send such letters to Authority demanding relief and pushing them from time to time.

I have sent a letter to YEA today by Speed post on my personal behalf requesting for waiver of interest on installments from deemed date of possession.

In my letter to CEO, I have assumed the deemed date of possession as Jan 2014.

I have mentioned about the hardships faced by myself due to delay in possession, bank EMIs and now extra compensation cost. In this regard, requested them to grant waiver of interest on installments from the deemed date of possession that is Jan 2014. The amount may be adjusted later against the stamp/registration and ATL costs.

It may be noted that similar waivers and reliefs have been given to allottees of BHS12/13 schemes (sector ETA-2) by Greater Noida Authority. GNIDA has granted relief of 10% simple interest to all the down-payment allottees from deemed date of possession.

Regards,

Harpreet Mittar

[Dinesh Sharma NICE COMPUTERS]

May us know the draft of the letter?

[Gurpreet Chugh]

Dear Harry,

Could you share the draft?

On Thursday, October 15, 2015 at 3:23:58 PM UTC+5:30, harry wrote:

[harpreet mittar]

Here's the draft I mailed to YEA.

To, Date: 15-Oct-2015

The CEO,

Yamuna Expressway Industrial Development Authority,

First Floor, Commercial Complex, P-2, Sector- Omega I,

Greater Noida, Gautam Budh Nagar, Uttar Pradesh

PIN: 201308

Subject:- Request for waiver of interest on installments from deemed date of possession – Jan 2014.

SCHEME:- Residential Plot Scheme 2009

ALLOTTMENT NO:- YEAnnnnnn

PLOT:- #

Dear Sir,

I am an allottee of 300 sq mts residential plot in sector 18. The deemed date of possession of plot was Jan 2014 (that is 4 years from the date of allotment). Almost 6 years have passed and there are still no signs of possession.

I understand the hardships faced by the Authority due to land acquisition issues. The Authority in this regard has decided to compensate farmers with additional compensation. Extra cost towards compensation has been demanded from the allottees of sector 18 and 20.

I have paid the first installment of extra compensation cost on 12-Oct-2015 through Net banking via your online portal.

I would also like to bring to your notice hardships faced by the allottees due to delay in possession, bank EMIs and now extra compensation cost. In this regard, I would request you to grant waiver of interest on installments from the deemed date of possession that is Jan 2014. The amount may be adjusted later against the stamp/registration and ATL costs.

It may be noted that similar waivers and reliefs have been given to allottees of BHS12 scheme (sector ETA-2) by Greater Noida Authority. GNIDA has granted relief of 10% simple interest to all the down-payment allottees from deemed date of possession.

Hoping for a favorable response.

Best Regards,

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