Haryana Real Estate Regulatory Authority (H-Rera) has initiated a survey of stagnant residential projects, marking a first for the city. This move comes weeks after Uttar Pradesh introduced a rehabilitation package aimed at revitalizing stalled projects, following recommendations from the Amitabh Kant panel.
As per H-Rera officials, Chairman Arun Kumar of the authority’s Gurgaon bench has directed the survey to assess the actual status of the projects at the ground level and authenticate the assertions made by developers to prevent any potential repercussions.
On Wednesday, the regulatory body chief visited affordable housing projects of Mahira and OSB developers along Golf Course Road Extension. These projects have been lying incomplete for several years. Despite repeated complaints by the allottees to the department of town and country planning (DTCP), CM’s window and other platforms, there has been no headway in the projects.
Kumar also visited Raheja Revanta in Sector 78 by Raheja Developers Limited, and Orris Greenopolis in Sector 89, which has been stuck after its builder, Three C Shelters, abandoned the project.
“I visited these projects along with other H-Rera members to make a first-hand assessment and to understand the issues involved so that a meaningful resolution can be worked out,” Kumar said.
Around 5,000 homebuyers who invested in Mahira Homes projects in sectors 63, 68, 95, 103 and 104 have been protesting against the delay in delivery of their flats. In July last year, the Enforcement Directorate carried out searches at several locations linked to the group over financial transactions. Earlier, H-Rera 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.
Raheja Revanta has faced a delay of more than seven years, leading H-Rera to prohibit the sale and purchase of any unit associated with the project. Additionally, the regulatory authority has mandated a forensic audit of the project and has placed a freeze on all unsold inventory and bank accounts linked to the project.
Another project encountering stagnation is Greenopolis. Orris Infrastructure had formed an agreement with another developer, Three C, in 2011 to build 1,826 flats on a 37-acre land parcel. However, construction came to a halt midway through the project.
