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Effective implementation of RERA by HARERA, Gurugram is buildingtrust of homebuyers.


Gurugram (Global News) In the judgments pronounced by Dr. K.K. Khandelwal, Chairman, HARERA, Gurugram in cases against various developers the Authority has maintained its continuous efforts to regularize the real estate sector by

keeping a strict vigil upon the promoters indulged in several malpractices

and mischiefs, besides punishing them rigorously, so as to achieve the aim

of a standardized real estate sector which shall work in a transparent and

an efficient manner.

The bench headed by Dr. K.K. Khandelwal, Chairman and Sh. S.C.

Kush, Member of The Haryana Real Estate Regulatory Authority, Gurugram

on 27.10.2020 has taken strict actions against various promoters in the

wake of complaints preferred by a number of allottees.

In execution proceedings against M/s CHD Developers, M/s Ireo

Pvt. Ltd., M/s Landmark Apartments Pvt. Ltd., M/s Siddhartha

Buildhome Pvt. Ltd., M/s Vatika Ltd., M/s Tashee Land Developers Pvt.

Ltd. and M/s Tulsiani Constructions & Developers Pvt. Ltd. the

Authority has ordered to attach the bank accounts to the extent of decretal

amount of Rs. 7 crores, along with the movable properties of the Directors.

An order has been made to issue a bailable warrant against the Directors of

M/s Prime Time Infra Projects Pvt. Ltd. for not complying with the

orders of the Authority. During the hearing of the matters pertaining to

execution petitions, the authority observed that the M/s Clarion

Properties Ltd. has done gross violation of Section 3 of the Act by not

registering the project in question with the Authority. The Authority

directed to issue a show cause notice against the developer for non-

registration of project under Section 59 which states that “the promoter

shall be liable to a penalty up to 10% of the estimated cost of the real estate

project” and if the promoter continues to violate the provisions of Section 3,

he shall be punishable with imprisonment for a term up to 3 years or with

fine further up to 10% of the estimated cost of real estate project, or with

both.


Since, the promoters are indulged in unfair trade practices including

delay in handing over possession. Stringent action has been taken against

the promoter in the complaints against M/s Supertech Ltd., the Authority

has ordered to pay Rs. 5 crores to the allottee for delay in handing over of

possession by the promoter. Hefty cost of Rs. 1,30,000/- was imposed on

the promoter M/s Supertech Ltd. for not filing reply within the stipulated

time and the same has been paid, which will be disbursed to the allottees.

Thus, uplifting the trust of homebuyers in the real estate sector.

Dr. Khandelwal is of the view that such actions against the

defaulting promoters would not only help in providing an environment of

growth and development of the real estate sector but would also assist the

allottees in gaining and preserving their trust in the Authority for quick

redressal of their moans and grievances afflicted due to wrong deeds of the

promoters, who have become reluctant in completing their projects within

stipulated time frame and according to the rules and regulations laid down

in the Haryana Real Estate (Regulation and Development) Act, 2016.

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