Noida Extension Flat Owners and Members Association (NEFOMA) said that thousands of flat buyers are in dilemma because of cancellation of allotments.
"Builders are continuously cancelling allotments. They are trying to make more profits by cancelling the bookings of buyers on the pretext of not being paid an amount of 10 per cent of BSP (Basic Sale Price) or not sign addendum by buyers or not being paid an interest," NEFOMA representative Annu Khan said.
"We have requested the Minister to help these investors by issuing directions to builders. He assured us to take the matter on priority," Khan said.
