Haryana RERA orders four developers to deliver flats in 90 days
Real Estate

Haryana RERA orders four developers to deliver flats in 90 days

The Haryana Real Estate Regulatory Authority (H-RERA) has instructed four major developers—Raheja Developers, Ramprastha Developers, Tashi Land Developers, and Sunrays Heights—to deliver flats to buyers within 90 days and to pay approximately 11% annual interest on the delayed investments. H-RERA warned that non-compliance would lead to legal action.

The authority's investigation found that buyers, who had paid amounts ranging from Rs 1.3 million to Rs 10 million, experienced delays well beyond agreed delivery dates.

In one case, H-RERA penalised Raheja Developers for failing to deliver a Rs 7.4 million flat to Dharampal Singh and Manjeet Kaur Swami in Sector 109's Shilas project. Despite paying Rs 6.6 million, they hadn’t received possession due to the lack of an occupancy certificate. H-RERA’s V.K. Goyal ordered the developer to deliver possession within 90 days and pay interest on the delay.

In another instance, buyers Vijay Kumar and Sonali Rajak, who booked a flat in Primera Society, Sector 37D in 2013 and paid Rs 10 million, were due for possession in 2018. H-RERA directed Ramprastha Developers to pay 11.1% annual interest from February 2018 until possession is granted.

Similarly, Sushma Rani, a Dwarka resident, who paid Rs 7.6 million in 2015 for a flat in Capital Gateway, Sector 111, has yet to receive possession. H-RERA ordered Tashi Land Developers to provide 11.1% interest per annum from 2015.

For Ruchika Yadav from Gurgaon, who paid Rs 1.35 million for a flat in 63 Golf Heights, Sector 63A with a 2021 possession date, H-RERA has directed Sunrise Heights Pvt Ltd to hand over the flat and pay interest within 90 days.

Failure to comply with these orders will lead to legal actions under the H-RERA Act. (ET)

The Haryana Real Estate Regulatory Authority (H-RERA) has instructed four major developers—Raheja Developers, Ramprastha Developers, Tashi Land Developers, and Sunrays Heights—to deliver flats to buyers within 90 days and to pay approximately 11% annual interest on the delayed investments. H-RERA warned that non-compliance would lead to legal action. The authority's investigation found that buyers, who had paid amounts ranging from Rs 1.3 million to Rs 10 million, experienced delays well beyond agreed delivery dates. In one case, H-RERA penalised Raheja Developers for failing to deliver a Rs 7.4 million flat to Dharampal Singh and Manjeet Kaur Swami in Sector 109's Shilas project. Despite paying Rs 6.6 million, they hadn’t received possession due to the lack of an occupancy certificate. H-RERA’s V.K. Goyal ordered the developer to deliver possession within 90 days and pay interest on the delay. In another instance, buyers Vijay Kumar and Sonali Rajak, who booked a flat in Primera Society, Sector 37D in 2013 and paid Rs 10 million, were due for possession in 2018. H-RERA directed Ramprastha Developers to pay 11.1% annual interest from February 2018 until possession is granted. Similarly, Sushma Rani, a Dwarka resident, who paid Rs 7.6 million in 2015 for a flat in Capital Gateway, Sector 111, has yet to receive possession. H-RERA ordered Tashi Land Developers to provide 11.1% interest per annum from 2015. For Ruchika Yadav from Gurgaon, who paid Rs 1.35 million for a flat in 63 Golf Heights, Sector 63A with a 2021 possession date, H-RERA has directed Sunrise Heights Pvt Ltd to hand over the flat and pay interest within 90 days. Failure to comply with these orders will lead to legal actions under the H-RERA Act. (ET)

Next Story
Infrastructure Transport

Gurugram’s Key Corridor Set for Expansion

The National Highways Authority of India (NHAI) is set to develop a six-lane surface road and a flyover along the high-traffic stretch between Hero Honda Chowk and Umang Bhardwaj Chowk in Gurugram. The project, estimated at Rs 2.1 billion, aims to decongest one of the city's busiest corridors. The Gurugram Metropolitan Development Authority (GMDA), overseeing the project, has already funded utility relocations. Authorities are now finalizing cost estimates for shifting electricity, water, and sewage lines, with relocation work expected to take six months. Initially planned in 2021, the 3.2-k..

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train: Major Progress in Maharashtra

The Mumbai-Ahmedabad Bullet Train corridor is witnessing rapid infrastructure development in Maharashtra, with significant progress reported on the 135.45 km elevated section from Shilphata to Zaroli. Key Infrastructure Highlights This segment, the second-largest in the project after the 237 km stretch in Gujarat, includes: Viaducts & Bridges: 124 km of elevated structures Stations: Thane, Virar, Boisar Tunnels: 7 mountain tunnels Major River Bridges: Ulhas, Vaitarna, Jagani Steel Bridges & Crossings: 36 structures, including 12 steel bridges Construction Updates Station Work: Foundat..

Next Story
Real Estate

Omaxe Group Unveils BeTogether to Drive Urban Development

Omaxe Group has launched BeTogether, a new real estate brand focused on transforming urban infrastructure through joint ventures and public-private partnerships (PPP). The initiative aims to address infrastructure gaps, drive socio-economic growth, and create vibrant urban centers across India. The brand’s current projects involve an investment exceeding Rs 28 billion, with an estimated revenue potential of over Rs 50 billion in the next three to five years. Led by Rohtas Goel, non-executive chairman, along with Mohit Goel, MD and founder of BeTogether, and Jatin Goel, ED of Omaxe Group and..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000