Mahira Homes buyers demand temporary accommodation
Real Estate

Mahira Homes buyers demand temporary accommodation

Buyers of Mahira Homes in Sector 68, facing delays in the housing project, are now pressing for temporary accommodation until they take possession of their flats. In a demonstration, a group of homebuyers marched to the developer's residence, urging immediate relief for 1,497 flat owners by providing accommodation or a monthly rent of Rs 25,000.

The housing project, spanning 10 acres, commenced in April 2018, with an initial completion deadline set for August 2022. However, in May 2022, the DTCP (Department of Town and Country Planning) revoked the project's license following allegations of document forgery and fraudulent bank guarantees, leaving approximately 1,500 homebuyers in uncertainty. Despite the project's license being reinstated in September, the developer has failed to resume work, with only 60% of the construction completed since its inception.

Despite multiple attempts to address the issue with senior DTCP officials, homebuyers have seen no resolution. Nitin Khurana, president of the Mahira homebuyers' association, stated, "We booked our flat in 2018, and it has been 6 years with only 60% of the construction completed. We have asked the builder for compensation of Rs 25,000 per month to cover rent and requested the prompt resumption of work. The developer has asked for 15 days to respond to our demand. If a satisfactory solution is not provided, we will escalate our protest as we have already paid in full."

In July of the previous year, the Enforcement Directorate conducted searches at several locations linked to the group regarding financial transactions. Sachin Kumar, the general secretary of the buyers' association, emphasised, "The project is still in its initial stage, with five towers not even constructed yet. We are burdened with EMIs for the loan and rent, prompting our demand for temporary accommodation."

Sikandar Singh, the managing director of Mahira Homes, acknowledged receiving the homebuyers' demand and requested 15-20 days to present a workable plan. "We are committed to delivering the project and have already communicated our position to the homebuyers. The matter is pending in the high court, and until then, progress will be on hold," Singh stated.

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Buyers of Mahira Homes in Sector 68, facing delays in the housing project, are now pressing for temporary accommodation until they take possession of their flats. In a demonstration, a group of homebuyers marched to the developer's residence, urging immediate relief for 1,497 flat owners by providing accommodation or a monthly rent of Rs 25,000. The housing project, spanning 10 acres, commenced in April 2018, with an initial completion deadline set for August 2022. However, in May 2022, the DTCP (Department of Town and Country Planning) revoked the project's license following allegations of document forgery and fraudulent bank guarantees, leaving approximately 1,500 homebuyers in uncertainty. Despite the project's license being reinstated in September, the developer has failed to resume work, with only 60% of the construction completed since its inception. Despite multiple attempts to address the issue with senior DTCP officials, homebuyers have seen no resolution. Nitin Khurana, president of the Mahira homebuyers' association, stated, We booked our flat in 2018, and it has been 6 years with only 60% of the construction completed. We have asked the builder for compensation of Rs 25,000 per month to cover rent and requested the prompt resumption of work. The developer has asked for 15 days to respond to our demand. If a satisfactory solution is not provided, we will escalate our protest as we have already paid in full. In July of the previous year, the Enforcement Directorate conducted searches at several locations linked to the group regarding financial transactions. Sachin Kumar, the general secretary of the buyers' association, emphasised, The project is still in its initial stage, with five towers not even constructed yet. We are burdened with EMIs for the loan and rent, prompting our demand for temporary accommodation. Sikandar Singh, the managing director of Mahira Homes, acknowledged receiving the homebuyers' demand and requested 15-20 days to present a workable plan. We are committed to delivering the project and have already communicated our position to the homebuyers. The matter is pending in the high court, and until then, progress will be on hold, Singh stated.

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