Handover of flats delayed, realtor faces fire

Created on 06.03.2017 19:55:15
Handover of flats delayed, realtor faces fire

 More than 50 people held banners and posters in front of the DTCP office in Sector 14 and shouted slogans against developer Universal Buildwell Private Limited. They claimed they have already paid almost 80% of the price, but are yet to get the possession of flats.

The Universal Aura project was launched in 2010. Spread over 11 acres, it is likely to have 596 units across 11towers, each costing between Rs 53 lakh and Rs 1 crore. The developer had promised to complete it by 2014.But till date, only 50% of the work has been completed.

Buyers alleged work at the site had stopped around two ye ars ago, and the developer had stopped responding to queries.

“The builder collected 80% of the cost from buyers till June 2014, but stopped construction two years ago. With no progress at the site, we're unsure when we'll get possession,“ said Dhiraj Kumar, a homebuyer Buyer's association gene ral secretary Naveen Arora said: “Licence for the project expired in June 2015, and was not renewed, which is a must to restart construction.“

Assistant town planner (ATP) R S Batth said the developer had been directed to submit tower-wise completion plans and progress report wit hin 10 days. “The department will inspect the site to take stock,“ said Batth, adding the department would make efforts to ensure timely completion of the project.

Pooja Sharma, legal head of Universal Buildwell, refuted the allegations, holding the buyers responsible for the delay instead. “Buyers formed an association to put unnecessary pressure on the developer, and even filed a complaint with the national consumer forum, which caused delay ,“ she said.“We're ready to pay the delay penalty (at Rs 15sq ft per month) at the time of handing over possession.“                                           


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