Tag: Haryana RERA

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Haryana RERA Orders Chintels to Refund Homebuyer with Interest

Certainly! Here’s a rewritten version of the content: — The Haryana Real Estate Regulatory Authority (Ha-RERA) has mandated builder Chintel to refund the buyer, Kumar Mangalam Dalmia, with an interest rate of 10.85% per annum. Dalmia, a complainant against the Chintel Paradiso housing society, had approached the RERA court in Gurugram, seeking a complete refund of his principal amount along with interest based on the current market value of his flat in Chintel Paradiso, Sector 109, Gurugram. In February 2022, a tragic collapse at Chintel Paradiso resulted in the loss of lives. Despite paying over Rs 1 crore for his…

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Haryana RERA Orders Builder to Compensate Buyer 11% Interest

GURUGRAM: The Haryana Real Estate Regulatory Authority (H-RERA) has ordered Godrej Real View Developers to pay a compensation of 10.8% per annum to a couple from Lucknow for the delayed possession of their flat in Godrej Meridien-I, located in Sector 106. This decision, made by member Ashok Sangwan, follows a complaint from Malik Ram and Sarita Verma of Gomti Nagar, Lucknow. They approached H-RERA under Section 31 of the Real Estate (Regulation and Development) Act, 2016. H-RERA dismissed the builder’s claims regarding Covid-19 and pollution-related construction bans as force majeure events, highlighting that these do not justify the delay beyond…

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Haryana RERA reinstates flat, orders MRG Infrabuild to pay 10.9% interest

Sure! Here’s a rewritten version of your content: GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has overturned the cancellation of a flat in an affordable housing project located in Sector 89. The authority has ordered the developer, MRG Infrabuild, to reinstate the unit and compensate for delays at a rate of 10.9% per annum. The authority’s findings indicated that the builder failed to adhere to legal timelines and wrongfully cancelled the unit, despite the buyer having paid more than the total sale price. The issue revolves around a flat in The Meridian project, which was allotted to Amit Kumar…

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Haryana RERA Directs Ocean Seven Buildtech to Refund Buyer

GURUGRAM: The Haryana Real Estate Regulatory Authority has instructed a builder to refund Rs 7,30,000 to an allottee following the cancellation of a flat due to non-payment of dues. Sachin Kumar contested the cancellation of his unit in Expressway Towers under the affordable housing initiative in Sector-109. The total cost of the unit was Rs 12,28,000, with Kumar having paid Rs 7,31,251, representing 60% of the total price. The builder issued a cancellation notice on September 3, 2021, for non-payment of the remaining balance. On November 13, the Authority ordered Ocean Seven Buildtech to refund the paid amount of Rs…

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Housing Minister Demands Action on Builders Delaying Projects

File Photo NEW DELHI: Housing and Urban Affairs Minister Manohar Lal Khattar has requested information on the number of real estate projects that have had their deadlines extended, as well as actions taken against developers with incomplete projects despite receiving three extensions. This request arises amid increasing concerns regarding builders’ failure to meet project completion commitments under RERA. According to the minutes from the latest Central Advisory Council (CAC) meeting—which included representatives from state RERAs, state governments, consumer bodies, and builders—Khattar’s request followed comments from Haryana RERA Chairperson Arun Kumar. Kumar noted that the project completion timeline is established by…

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H-RERA Adds Member to Restore Quorum for Faster Case Disposal in Gurugram

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has fully restored its quorum with the addition of a new member. Recently, the Gurgaon bench of HRera appointed Phool Singh Saini, completing its four-member team. This change is expected to expedite the resolution of complaints from homebuyers, according to an official statement from the Authority. Saini’s appointment fills the position left by the retirement of SK Arora in August 2024, thus reinstating the full quorum with chairman Arun Kumar, and members Ashok Sangwan, VK Goel, alongside Saini. With over two decades of judicial experience in Haryana, Saini is anticipated to enhance…

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Haryana RERA: Agrante Realty to Pay 11% Interest for Delay

Here’s the rewritten content: GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) bench in Gurugram has mandated Agrante Realty to pay a 10.9% annual interest as compensation for delayed possession to a homebuyer in their Kavyam affordable housing project located in Sector 108. This ruling, issued on October 8, was a result of the builder’s failure to deliver the flat despite having received nearly full payment by 2022. Homebuyer Alok Ranjan Tripathi booked his flat in 2019, signing the apartment buyers agreement on August 29 of the same year, which set the possession deadline as August 31, 2023. Agrante was…

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Haryana RERA Requires Ireo to Pay 11% Interest to NRI Buyer

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRERA) has instructed Ireo Private Ltd to pay an annual delay interest of 10.8% to UK-based allottee Balraj Singh for failing to deliver possession of a plot in its Ireo City project in Sector 60 on schedule. Singh acquired a 314 sq-yard plot back in 2011 but was only offered possession in December 2021, with the actual handover occurring a year later, following multiple delays and a reduction in plot size. Since the project was approved in 2014 and the original delivery date was set for 2017, the Authority concluded that Singh experienced…

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Buyers at Aashiyara 37C Protest After 7 Years of Delays

GURUGRAM: Hundreds of homebuyers from Aashiyara 37C staged a protest, claiming they have not received possession of their homes despite nearly full payment made years ago. The demonstration occurred near the residence of Haryana cabinet minister Rao Narbir Singh, where a detailed memorandum was submitted seeking intervention. Many allottees reported paying 100% of their dues nearly three years ago, yet they have neither received possession nor a timeline for completion. The developer, M/s Renuka Traders Pvt Ltd, has allegedly changed delivery dates 12 times, failing to meet any deadlines. Attempts to reach the developer for comment were unsuccessful. Allottee Gautam…

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Gurugram: Homebuyers protest as MRG Meridian flats remain undelivered

GURUGRAM: Homebuyers of the MRG Meridian project in Sector 89 held a protest, demanding timely possession of their long-delayed flats. The allottees, who participated in a draw on February 18, 2019, reported that the project received environmental clearance in October 2019 and was originally promised for possession by September 2023. Despite numerous follow-ups, the builder has not delivered the homes, resulting in a two-year delay. Protesters expressed that the builder’s recent assertion of having applied for an occupation certificate (OC) offers little comfort as families struggle with financial strain from the extended wait. “The builder’s claim of applying for an…