It's not every day that you decide to buy a flat, but imagine having to stay in a rented house because of the non-delivery of the flat which you have paid 80% amount for, not having a clue as to when you will get possession. This is the predicament faced by residents of Universal Buildwell who are fed up with construction delays and came onto the streets in protest against the developer. Launched in 2010, the developer had promised to complete the Universal Aura project by 2014. The delay in possession has totally disturbed the buyers who allege that the work at the site had stopped around two years ago.
Universal Aura Buyers in Distress
The structure of few flats has been put in there at the project location and for the last 3 years, no work is being done though almost all the homebuyers have paid around 80-85% of the house cost, says a distressed homebuyer, Mr Anil Pathak.
Another buyer, Mr Pratyush Pranjal added that the builder has not only delayed the project but also not paid the licence fee to the government due to which the licence has not been renewed, a mandatory aspect for getting the construction work done.
What's worse, the company has not given any fresh deadlines to when the construction might be complete. The website of the project has pictures last updated in 2015 and all the homebuyers now fear losing their life savings.
The developer, on the other hand, does not even respond to emails or phone calls made by the buyers. Even NDTV's SMS and phone calls remained unanswered.
Is Legal Recourse the Only Way Out?
Legal expert Sunil Tyagi says that it is time for the buyers to take the legal route.
He added by suggesting few legal remedies which the buyers can take into consideration-
- They can approach the state commission and the national commission for consumer redressal where they can seek delayed possession, as well as ask for certain directions for completion of the project.
- They can also approach DTCP which has granted the developer licence to build this project, and in case of violation of licence conditions they can ask DTCP to take action, like it seems over here some kind of siphoning of funds has happened because of which the project is incomplete.
The expert added, that in case there's any misappropriation of funds, buyers can seek criminal action, file a complaint with Gurgaon police authorities to take action.
Buyers can also pool in balance money to take on the project by approaching the high court.
Hopes From Real Estate Regulator Fade Away
Thousands of innocent buyers who have invested their entire life savings in this project remain helpless and are now pinning their hopes on the real estate regulator for a redressal but with no signs of a regulator being appointed in Haryana, their hopes seem to be falling apart.