ghaziabad the real estate regulator authority rera in the state has stepped in to help 600odd buyers of a housing project left abandoned by the developer in noida sector 143launched in 2012 flats in festival city were supposed to have been delivered by 2015 but the developer ms mist direct sales pvt ltd defaulted on the deadline and then stopped construction altogether the buyers approached the uprera which sent notices to the developer when it failed to respond the regulatory authority blacklisted the developer and derecognised the projectour next step was to take the consent of all the buyers and get the project completed two groups of buyers under mist avenue buyers association and festival city welfare association showed interest in reviving the project said a rera officialthe official quoted a provision from the rera act which allows the regulatory authority to take the consent of the buyers and find another developer to complete a projectbut its a long way ahead for rera in this case the regulatory authority and the association of buyers are now faced with the challenge of collating the details of all the allottees who had booked a flat in the project and the total amount deposited by them the developer was not keen on sharing the information now that they have been blacklisted we assume they might have gone underground the rera official saidthe project has 1600 units in total and rera needs to have the consent of each and every one before going ahead with getting a developer to finish the flats our efforts to get the details of the allottees from the noida authority proved futile we have the consent of around 300 buyers who are members of the two associations but we need to track down the others and have their consent as well said ravindra sharma president of the mist avenue buyers associationrera has now created a link on its official website where an allottee can upload documents to prove ownership of a flat once the data on the total number of buyers is collated the noida authority will calculate the funds collected from the buyers and the estimated amount that can be raised from the unsold unitsrera will then hire a consultant to prepare a detailed project report a developer will then be selected for the remaining project only a dpr will give clarity on the money that will be required to complete the project and the amount that can be raised from the allottees and the sale of the remaining units the new developer will have to complete the flats in a timebound manner and rera will oversee the project said sharmaprashant kanha a supreme court lawyer who handles builderbuyer cases said section 8 of the rera act gives it powers that are seldom exercised in this case it is a novel exercise where the provisions are being used in the interest of the buyersspread across 25 acres off the noida expressway festival city was to be