+
Haryana RERA moves HC over 207 warrants issued against 20 builders
Real Estate

Haryana RERA moves HC over 207 warrants issued against 20 builders

Haryana Real Estate Regulatory Authority (HRera) has this year issued 207 arrest warrants against 20 city-based developers for failing to comply with its orders to provide compensation due to delays in handover of flats to homebuyers. H-Rera officials said police had, however, not acted on the orders, prompting the regulator to move the Punjab and Haryana high court for its intervention. H-Rera has initiated contempt of court proceedings in three such cases against police for their inaction. Rajender Kumar, adjudicating officer of H-Rera said the arrest warrants were issued between Feb and Sept after developers repeatedly ignored directions. "The lack of police action has only worsened the plight of homebuyers," Kumar said. "We have referred the matter to the high court and police have yet not taken action. Thousands of homebuyers are suffering as a result." Asked about this, DCP headquarters Arpit Jain told, "So far, we have not received any such notice from the court. If we receive an order, we will proceed as per the directions of the honourable court." Ritika Singh, a homebuyer who has been waiting for her flat for more than five years, said she was deeply disappointed in the redress system, which is failing homebuyers despite the govt appointing a regulator. "I invested my entire savings in this flat, but the builder has delayed possession repeatedly. H-Rera ordered compensation, but I haven't received a single rupee," she said. Ajay Mehra, another homebuyer said he was supposed to move into his apartment in 2018. "It's 2024 and I'm still waiting. I've lost faith in the process. We've done everything needed, but the developers keep getting away with it," he said. "We expect the law to be on our side, but when a govt authority takes action and it's still enough, what's the point?" asked Ankit Sharma, another homebuyer affected by the delays. H-Rera officials said they hoped moving the high court would bring urgency and make developers fall in line.

Haryana Real Estate Regulatory Authority (HRera) has this year issued 207 arrest warrants against 20 city-based developers for failing to comply with its orders to provide compensation due to delays in handover of flats to homebuyers. H-Rera officials said police had, however, not acted on the orders, prompting the regulator to move the Punjab and Haryana high court for its intervention. H-Rera has initiated contempt of court proceedings in three such cases against police for their inaction. Rajender Kumar, adjudicating officer of H-Rera said the arrest warrants were issued between Feb and Sept after developers repeatedly ignored directions. The lack of police action has only worsened the plight of homebuyers, Kumar said. We have referred the matter to the high court and police have yet not taken action. Thousands of homebuyers are suffering as a result. Asked about this, DCP headquarters Arpit Jain told, So far, we have not received any such notice from the court. If we receive an order, we will proceed as per the directions of the honourable court. Ritika Singh, a homebuyer who has been waiting for her flat for more than five years, said she was deeply disappointed in the redress system, which is failing homebuyers despite the govt appointing a regulator. I invested my entire savings in this flat, but the builder has delayed possession repeatedly. H-Rera ordered compensation, but I haven't received a single rupee, she said. Ajay Mehra, another homebuyer said he was supposed to move into his apartment in 2018. It's 2024 and I'm still waiting. I've lost faith in the process. We've done everything needed, but the developers keep getting away with it, he said. We expect the law to be on our side, but when a govt authority takes action and it's still enough, what's the point? asked Ankit Sharma, another homebuyer affected by the delays. H-Rera officials said they hoped moving the high court would bring urgency and make developers fall in line.

Next Story
Infrastructure Transport

Syama Prasad Mookerjee Port Partners to Redevelop Nimtala Ghat

Kolkata: Syama Prasad Mookerjee Port, Kolkata (SMPK), signed a Memorandum of Understanding (MoU) on Tuesday with PS Group Realty Private Limited to redevelop and beautify Nimtala Ghat as part of PS Group’s Corporate Social Responsibility (CSR) initiative.The agreement was formalised at SMPK’s Head Office at 15, Strand Road, in the presence of SMPK chairman Rathendra Raman, deputy chairman Samrat Rahi, PS Group directors Saurav Dugar, Gaurav Dugar, Arun Sancheti, and senior SMPK officials.Under the MoU, PS Group will undertake the full redevelopment and permitted construction of Nimtala Imm..

Next Story
Infrastructure Urban

CSIR-NCL and Covestro Collaborate to Upcycle Polyurethane Waste

In a move towards sustainable plastic waste management, Pune-based CSIR-National Chemical Laboratory (CSIR-NCL) signed a Memorandum of Understanding (MoU) with Covestro (India) Private Limited on Wednesday to develop innovative upcycling technologies for polyurethane waste.Polyurethane is notoriously difficult to recycle, with current methods often proving inefficient, costly, and environmentally harmful. This collaboration aims to address existing challenges, including high energy usage and deterioration of material quality during recycling.Ashish Lele, director of CSIR-NCL, stated, “This p..

Next Story
Infrastructure Urban

Torrent Pharma Seeks CCI Approval for Rs 195 Billion JB Chemicals Deal

Ahmedabad-based Torrent Pharmaceuticals has sought clearance from the Competition Commission of India (CCI) to acquire a majority stake in J B Chemicals and Pharmaceuticals in a Rs 195 billion deal.Upon completion, Torrent Pharmaceuticals will become India’s second most valuable pharmaceutical company.The move follows Torrent’s June announcement to acquire a majority stake in J B Chemicals for Rs 195 billion.“The proposed combination pertains to the acquisition of shareholding by Torrent Pharmaceuticals Ltd in J B Chemicals & Pharmaceuticals Ltd, followed by the merger of the target ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?