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HARRASMENT BY REAL ESTATE DEVELOPER Poonam-Chadha | Real Estate | 1 Reply

27
Jun
2013

I booked a floor in a project developed by M/s TDI Infrastructure in May 2010. The name of the project is “TUSCAN FLOORS” in Tuscan city in Kundli, Sonepat. The Developer is now refuses to give following details :- 1. The Developer refuses to given details of “NO EMI SCHEME” which was publicized in Newspapers at the time of launch of Project. 2. The amount of Rs 5 lakhs & Rs 5.93 lakhs were paid on 16.05.2010 & 29.10.2010 respectively which is approx 30 % of basic sale price. The developer wrote a letter on 03.02.2011 (after nine months of booking) to visit it’s office and sign agreement on dotted line. My various requests to provide copy of agreement so that I can go through it before signing it have not been responded by the developer. 3. On 30.11.2010 the developer allotted me top floor of T-125 block which was later changed to T-135 without my consent. 4. The developer do not provide details like carpet area of floor, expected date of completion/possession of project & total cost of the floor despite repeated requests. 5. The developer has not provided documents which are mandatory for availing housing loan. 6. In last 15 months I have written 13 letters to the developer but none of these have been responded/acknowledged by the developer. 7. The Directorate of Town & Country Planning vide it’s letter date 10.10.2011 directed the developer to submit comments on various issues raised by me but the developer has not responded to that also.Similar queries from CREDAI has also not been responded. 8. The developer has not acknowledged/responded to any of the letters written by me and now threatening to levy heavy interest and cancel the allotment. I request you to raise this issue at appropriate forum and compel the developer to honor the commitments made at the time of booking.

By IndianMoney Experts - 2013-Jun-27
Dear Poonam, It is very sad that the developers have gone back on their word and promise.There is a bill that has been passed by the government which would help you to get an insight of your problem.With the Union Cabinet approving the Real Estate (Regulation and Development) Bill, the country\\\'s highly unregulated and unorganized real estate sector moves a step closer towards greater transparency and compliance. The Bill, which looks at the residential market, seeks to create a central regulatory authority at various state levels authorities for the real estate market in a bid to protect buyer interests by providing a uniform regulatory framework. The Bill seeks to prevent developers from putting out misleading advertisements; ensure that they don\\\'t market projects unless necessary approvals are in place; and direct developers to declare a time frame for developing projects. The Bill also seeks to impose monetary penalties on the developer for project delays, with repeat offences liable for a jail term.It is a pro-buyer bill. You go to any house and you will get some complaints against the developer. There is lot of difference in what they promise and what they deliver. But monetary penalties on the developer for delays, with repeat offences liable for a jail term is a welcome step and will bring control over builders lobby.And there are certain criteria which needs to be considered before buying an apartment: Approved plan of the building along with the number of floors. Ensure that the floor that you are buying is approved. Check if the land on which the builder is building is his or he has undertaken an agreement with a landlord. If so, check the title of the land ownership with the help of an advocate. Check the building bye-laws as applicable in that area and ensure that the builder is building without any violation of front setback, side setbacks, height, etc. Check specifications given in the agreement to sell of the sale brochure. Is he providing the same actually on the ground or not? Check the reputation of the builder. Ensure that urban land ceiling NOC (if applicable) has been obtained or not. NOC from water and electricity authorities also have to be obtained. Actually if u r going to get a loan from bank,half of the document verification will be done by their legal dept only...don\'t worry...check the property details like super built area,carpet area etc... If you feel you are cheated you can always lodge a complaint with the District Consumer Forum. You can always look up the website IndianMoney.com for your real estate needs.
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