Firm offers 2 options to settle with flat owners of 3 towers
Real Estate

Firm offers 2 options to settle with flat owners of 3 towers

The real estate company has written to the Deputy Commissioner offering two options to settle with the owners of three towers, more than a year after a large portion of a sixth-floor apartment at Gurgaon's Chintels Paradiso society in Sector 109 collapsed all the way to the first floor, killing two women and injuring a man.

The group is given two choices: either they will pay "an all-inclusive price of Rs 6,500/- per sq.ft (super area)" or they will reimburse apartment owners for the stamp duty they have already paid. Towers D, E, and F each include about 180 apartments. According to the group's letter to the DC, the second option calls for them to hire a "well-regarded contractor" to repair or rebuild the property, and then turn over ownership within 36 months. Additionally, the real estate company will stop providing rental compensation to homeowners who were compelled to leave their apartments.

The CBI has taken charge of the case's investigation. Residents are requesting compensation and legal action against the developer in a petition before the Supreme Court.

Even though the flat that collapsed was in Tower D, an IIT-Delhi structural audit report later found that towers E and F are "not safe for habitation" and that repairing them to allow for safe use is "not technically and economically feasible" due to the high chloride content in the structures' concrete. The developer was instructed by the Gurgaon deputy commissioner to permanently close tower D, which has 18 stories and 64 apartments, in November 2022 so that demolition could start.

The real estate company has written to the Deputy Commissioner offering two options to settle with the owners of three towers, more than a year after a large portion of a sixth-floor apartment at Gurgaon's Chintels Paradiso society in Sector 109 collapsed all the way to the first floor, killing two women and injuring a man. The group is given two choices: either they will pay an all-inclusive price of Rs 6,500/- per sq.ft (super area) or they will reimburse apartment owners for the stamp duty they have already paid. Towers D, E, and F each include about 180 apartments. According to the group's letter to the DC, the second option calls for them to hire a well-regarded contractor to repair or rebuild the property, and then turn over ownership within 36 months. Additionally, the real estate company will stop providing rental compensation to homeowners who were compelled to leave their apartments. The CBI has taken charge of the case's investigation. Residents are requesting compensation and legal action against the developer in a petition before the Supreme Court. Even though the flat that collapsed was in Tower D, an IIT-Delhi structural audit report later found that towers E and F are not safe for habitation and that repairing them to allow for safe use is not technically and economically feasible due to the high chloride content in the structures' concrete. The developer was instructed by the Gurgaon deputy commissioner to permanently close tower D, which has 18 stories and 64 apartments, in November 2022 so that demolition could start.

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