Thursday, July 25, 2024

Haryana RERA Initiates Survey of Stalled Residential Projects in Gurugram

The Haryana Real Estate Regulatory Authority (H-Rera) has launched a comprehensive survey of stagnant residential projects in Gurugram, marking a pioneering effort for the city. This move comes in the wake of Uttar Pradesh’s recent implementation of a rehabilitation package aimed at reviving stalled projects, following recommendations from the Amitabh Kant panel.

Chairman of the H-Rera’s Gurgaon bench, Arun Kumar, directed the survey to assess the actual status of projects on the ground and validate claims made by developers to avert potential regulatory actions. Recently, Kumar inspected incomplete affordable housing projects by Mahira and OSB developers along Golf Course Road Extension, projects that have faced prolonged delays despite persistent complaints from allottees to various authorities.

Additionally, Kumar visited Raheja Revanta in Sector 78 by Raheja Developers Limited and Orris Greenopolis in Sector 89, both projects experiencing delays for several years. The visit aimed to provide H-Rera members with a firsthand understanding of the issues involved for more effective resolution.

The Mahira Homes projects in sectors 63, 68, 95, 103, and 104 have been a focal point for protests by approximately 5,000 homebuyers, citing significant delays in flat deliveries. Last year, the Enforcement Directorate conducted searches related to the group’s financial transactions, prompting H-Rera to order forensic audits due to allegations of irregularities in licensing procedures.

Similarly, homebuyers of three OSB projects—Golf Heights in Sector 69, The Venetian in Sector 70, and Expressway Towers in Sector 109—have been urging action against the developer for non-compliance with license conditions and failure to provide possession of flats.

Raheja Revanta, delayed by over seven years, has faced a ban on the sale and purchase of units by H-Rera, which also ordered a forensic audit and froze unsold inventory and related bank accounts. Another stalled project, Greenopolis, initiated by Orris Infrastructure, entered an agreement with Three C for constructing 1,826 flats on a 37-acre land parcel in 2011, but construction came to a halt.

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