ghaziabad claiming that a monthlong ban on all construction activities in delhincr to control pollution postdiwali every year leads to an increase of 23 in the project costs builders body credai on tuesday urged the real estate regulator to consider this period as force majeure superior force and demanded appropriate reliefthe builders body also sought permission from the uttar pradesh real estate regulatory authority uprera to carry out interior work at the project sites during the ban period used as an emergency measure under graded response action plan grap the ban to control dust pollution has now entered its third week in the region this year every year our work at project sites comes to a complete standstill for 30 days once the construction ban is lifted lining up construction workers and mobilisation take 30 more days so we lose effectively 60 days in a year gaurav gupta president of credaighaziabad saidduring this period we have to run our offices pay salaries to permanent staff and power charges but because we are not using all the infrastructure to carry out construction we effectively waste 23 of our project cost during this period of passive wait its a big loss for us he saidcredai also claimed that 99 of projects in the city are in viable category and eligible to apply for the rs 25000 crore alternative investment fund the fund announced by the union government is aimed at reviving the stalled real estate projects thus providing relief to distressed homebuyersghaziabad currently has 30000 incomplete flats and the average delay in project delivery is 23 years once the central government funds come through at least 12000 to 14000 apartments would be driven to fast completion said gupta the builders body also flagged among its current problems the increased rush by buyers to lodge complaints with the national company law tribunal nclt we have written to the union government that a project be only allowed to be considered at nclt if twothird of the buyers sign up for the same we also feel that rera should be the first point of redressal buyers are misusing the financial creditor status and taking projects to insolvency courts for minor reasons he saidmoreover credaighaziabad demanded that the development aspect of civic authorities be brought under the ambit of rera there is a need for accountability among the authorities who charge development fee for us even after the projects are complete the roads and other utilities remain incomplete so the authorities should be regulated by rera because local roads and water connection are important on determining the outcome of a project gupta added