Gurgaon to penalise developers for delay
A panel constituted by the Haryana government headed by the district deputy commission is set to recommend punishment of real estate developers if they delay commission the projects by more than six months. “We would recommend that erring builders pay…

A panel constituted by the Haryana government headed by the district deputy commission is set to recommend punishment of real estate developers if they delay commission the projects by more than six months.

“We would recommend that erring builders pay enhanced compensation with interest or even refund the money, if demanded by the aggrieved buyers, upon delay of possession,” said Gurgaon Deputy Commissioner T L Satyaprakash, who heads the Allotters Grievances Redress Forum.

Also, recommendations will be made to the state government to take strong punitive action against erring builders — some of whom have delayed possession for over several years”, said

The forum also asked the grievance committee delegation — comprising representatives from the municipal corporation, Haryana Urban Development Authority (HUDA) and the department of town and country planning — to ensure that the names of all investors are included in the FIR against erring real estate developer so that all of them get relief from the high court.

However, Gurgaon Deputy Commissioner of Police Kulwinder Singh, who also attended the meeting, said he would seek legal opinion on whether to lodge separate FIRs on individual investor complaints or include the names of all investors in the existing FIR.

 

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