Tag: CHD Vann

Latest StoriesResidential

Gurugram Buyers Seek Police Help Against CHD Developers’ Pressure

GURUGRAM: Homebuyers of a halted project in the city have reached out to the Economic Offences Wing (EOW) of Delhi Police, claiming they are being pressured to “withdraw” a criminal case. The FIR, lodged on August 14, 2020, includes allegations under sections 420, 406, and 120B of the IPC, regarding cheating, criminal breach of trust, and conspiracy tied to the CHD Vann housing project in Sector 71 by CHD Developers Ltd. The agreement signed that year promised possession within 42 months, by 2018. In response to these pressures, the homebuyers have urged the EOW to acknowledge their grievances, describing the…

Latest StoriesRegulatory

CHD Vann Takes Charge to Finish 11-Year-Delayed Gurugram Project

GURUGRAM: The National Company Law Tribunal (NCLT) has sanctioned the separation of CHD Vann from the insolvency proceedings of CHD Developers, enabling Roots Developers, the landowners, to gain full control of Vann and complete the long-delayed housing project in the city. CHD Vann, situated in Sector 71, was initiated in March 2014 as a 10-acre residential development featuring 12 towers and 569 units of 2, 3, and 4 BHK apartments. Initially, possession was scheduled for October 2018, but the project faced significant delays due to the financial struggles of CHD Developers, leaving many homebuyers in a tough situation with ongoing…