News: Gurugram: Relief in three months for buyers of nine stuck affordable housing projects-23-10-2024
Hundreds of homebuyers of nine affordable residential projects who haven’t been handed over their flats due to issues ranging from suspected financial irregularities and suspended construction can expect a solution in the next three to four months, government officials said on Sunday.
DTCP director general TL Satyaprakash said he has given directions to officials in the city to take steps to resolve the issues of homebuyers who purchased flats at projects linked to developers Mahira Homes, Ocean Seven Buildtech (OSB) and Orris Infrastructure.
The statement comes after homebuyers – around 5,000 of them – who invested in Mahira Homes projects at Sectors 63, 68, 95, 103 and 104 of the city have been protesting against the non-delivery of flats.
In July, the Enforcement Directorate carried out searches at several locations linked to the group over financial transactions. Last year, HRera ordered forensic audits of all five projects after allegations of irregularities in procuring licences.
Similarly, homebuyers of three OSB projects — Golf Heights in Sector 69, The Venetian in Sector 70 and Expressway Towers in Sector 109 — have been demanding action against the developer for not complying with the licence conditions and not giving possession of flats
Another stalled project is Greenopolis in Sector 89. Orris Infrastructure had entered an agreement with another developer — Three C — to construct 1,826 flats on a 37-acre-land in 2011, but construction stopped midway.
After several years of litigation, Orris took the responsibility to complete the project. In April 2022, the developer completed the first three phases under the supervision of H-Rera but even 12 years after its launch, hundreds of homebuyers are waiting to get their flats.
On Sunday, DTCP director Satyaprakash said he cannot disclose more details about the planned solutions at the moment.
“There is a time limit of one month for the techno-financial feasibility report. This will give us more information,” he told the Federation of Apartment Owners Association
A homebuyer said people whose hard-earned money has been stuck in the projects for years won’t have to keep protesting if the government’s roadmap works out. “We hope that the government and higher officials take appropriate decisions as soon as possible,” he said.
