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Homebuyers of Gurugram: greenopolis Even after 11 years of the launch of the project in Sector 89, they are still waiting for their homes.
During a protest at the Gurgaon office of the Haryana Real Estate Regulatory Authority (H-Rera) on Wednesday, home buyers alleged that one of the two developers – Auris Infrastructure – has used all the money collected from them but “the project is still incomplete”.
Orris Infrastructure and 3C Company, another developer, launched the project in 2011.
Initially, 3C was responsible for the construction, but work on the site stopped in 2016, following a dispute between the two developers. Till then, both the developers had collected Rs 1,155 crore from 1,650 homebuyers.
After years of litigation by aggrieved homebuyers, Orris filed an affidavit in the court taking responsibility for completing the project. And in April 2022, Oris committed to complete Phases 1, 2 and 3 of the project and hand over the units to the allottees under the supervision of H-RERA.
However, after seven months of construction work, Auris has already spent Rs 48 crore from an escrow account to complete the balance work of the first phase of towers, which according to homebuyers was already about 95% complete.
In protest, aggrieved homebuyers demanded that H-Rera should hold Orris accountable for the commitment made to both Orris and 3C homebuyers and ensure handing over of completed Phase 1 units to their respective allottees without any further delay .
“Further, the unsold inventory of Phase 1 will be sold at market value to generate cash for the completion of the project,” said a homebuyer. A spokesperson of the developer said, “We are seeking details about the homebuyers and their balance sheets and bank account details of other developers so that we can verify whether we are giving flats to genuine allottees or not.”
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