Top
Millennium Post

To curb Amrapali-like case, DTCP to act against defaulting builders

To curb Amrapali-like case, DTCP to act against defaulting builders
X

Gurugram: The plight of homebuyers who had invested their savings in Amrapali builders may have grabbed headlines due to the intervention of the Supreme Court. However, it is not only Noida but also in Gurugram a great deal of money and inventories are struck. It is estimated that Rs 10,160 crore is pending with the builders who have not been able to complete their projects on time.

Now, the DTCP is preparing the list of builders so that it can cash in on their bank guarantee that is estimated to be of Rs 1,627 crore. The Enforcement Directorate of Gurugram has already described the owner of Universal Builders as an absconder. It was found that Rs 300 crore of homebuyers are struck in a residential project in Gurugram's Sector-82 named Aura. Various projects of Unitech and Greenopolis builders have been stuck since year 2010. Besides this, the authorities have informed to take action against many more developers as complaints against 45 have already been received under Haryana Real Estate Regulatory (HRERA) in recent past.

The Universal Builder's project which was started in 2010 was stopped in 2015. In effect over 500 homebuyers who invested in the project have alleged that the builders have amassed over Rs 300 crore that has not been refunded. Moreover, the owners have also been charged with the offence of contempt of court by the violation of Section 10 of the Companies Act of 2013 and Section 12 of National Company Law Tribunal (NCLT) Act. The registered address of Puris is Sainik Farms in New Delhi.

Similarly, hundreds of homebuyers have also been for long protesting against the owners of Greenopolis project, that is pending for 11 years, and Unitech projects. To prevent a situation wherein the builders who have defaulted on the payments, the DTCP planning has begun the process of making a note of these builders. Significant information that includes detail of Aadhar and PAN card, passport are being obtained to prevent any eventualities of builders leaving the country.

A recent RTI had revealed that from March 2017 to March 2018 the pending External Development Charges (EDC) has been increased from Rs 13,855 crore to Rs 15,250 crore. Moreover, in the four years of Chief Minister ML Khattar's government, the pending EDC dues have increased from Rs 6,198 crore. 70 per cent of the builders who are defaulters have their projects in Gurugram.

Most of the new projects in Gurugram lack civic infrastructure like proper roads, power connections, and sewage lines besides sanitation facilities. The main reason cited for lack of social infrastructure is the huge EDC amount that is unaccounted for. Taking strict stance even the Punjab and Haryana high court had directed the state government to make builders pay the pending amount so that it can be used for the welfare of the homebuyers. Subsequently, the Haryana government has created various leeways for the builders to pay the amount. Yet, it seems that the move has not succeeded.

Next Story
Share it