Noida To Launch Online System For Payment Of Property-Related Charges

Noida To Launch Online System For Payment Of Property-Related Charges

Noida To Launch Online System For Payment Of Property-Related Charges
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You may not have to wait in a queue to pay your utility bills in Noida. Soon, Noida may join the bandwagon of cities that offer its citizens ease of living by offering digital options to pay property related charges—the city authority is in the final stages of developing an online platform with the assistance of public lender State Bank of India.

According to media report, the Noida Authority in a month or two might be ready with an online facility that would allow property owners — homebuyers, developers, businesses and brokers —to make online payments of lease agreements, water bills, sewage charges, et cetera. The online system will help Noida property owners to calculate as and pay these bills online.

The authority’s also plan to use this system to keep digital financial records of every property in the city. Going ahead, all transactions all sorts of properties—residential, commercial, institutional and group housing —will be digitally recorded.

This would enable buyers to check historical data of a property before they invest in it. So far, a buyer has to visit the authority office and fill an application form to gather information about a property since records are manually maintained. The move will also help the authority to recover dues from developers who have leased land in the city.  The authority charges one-two per cent of the land cost as fee for allotting land on leased agreement.

“As records are kept manually, we face a lot of problems in recovering dues. Allottes face similar issues. Hopefully, things will become smoother after two months,” an official of the authority was quoted by Hindustan Times as saying.

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