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News: Private firm to assess value of unsafe Chintels Paradiso flats in Gurgaon-11-02-2025

https://realty.economictimes.indiatimes.com/news/residential/private-firm-to-assess-value-of-unsafe-chintels-paradiso-flats-in-gurgaon/118132775?utm_source=tagListing&utm_medium=tagListing

Audits at the Sector 109 society began after a vertical collapse of ve oors at Tower D two women in Feb 2022. Soon after the incident, the district administration brought in experts to assess the structural safety of residential towers at the apartment complex.

The department of town and country planning (DTCP) has appointed consultants to assess the market value of flats and their interiors in towers A, B and C of Chintels Paradiso, months after these buildings were also declared unsafe in a second audit organised by the developer. Audits at the Sector 109 society began after a vertical collapse of five floors at Tower D killed two women in Feb 2022. Soon after the incident, the district administration brought in IIT experts to assess the structural safety of residential towers at the apartment complex.

IIT reports declared towers E and F unsafe in March 2023, followed by Tower G in June 2023, Tower H in July 2023 and Tower J in Jan 2024.

Later, the developer – Chintels India – asked the Central Building Research Institute – to audit the remaining towers. Tower C was declared unsafe by CBRI in Aug 2024, followed by Tower A in Oct 2024 and Tower B in Dec 2024.

In all, all nine towers of the complex are likely to be demolished.

The process to raze towers D, E, F, G, H and J has already begun, and all residents of these buildings have been vacated. The valuation work of flats in towers A, B and C -- ordered by the deputy commissioner this week -- will take the process forward and determine the financial repercussions for homebuyers. "We will pay these fees (to the consultant) as we did for the first phase of valuation. Once the value is determined, then we will offer to buy back flats from homebuyers at the rate determined by the govt-approved valuator," a spokesperson for Chintels India said on Monday. The decision to go ahead with valuation was taken after DC Ajay Kumar on Monday held a meeting with homebuyers of Paradiso to address their concerns. The consultant has to submit a final report on valuations within 15 days after receiving necessary documents. On Monday, residents of the society held a candle-light march to mark three years since their ordeal began. They said both the district administration and developer have delayed the rehabilitation and compensation process to give them relief.

 

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