DTCP probe soon on suspension of 3 affordable projects, Real Estate News, ET Real Estate

Gurugram: In response to a builder’s appeal to set aside an order suspending the licenses issued to his three affordable housing projects, the Department of Town and Country Planning (DTCP) has called a meeting to check the status and current status of the projects.

Senior DTCP Officer and representative of developer – Ocean Seven Buildtech (OSB) – Also more than 50 home buyers are likely to attend the meeting on Wednesday.

On February 23, the department suspended the licenses of three OSB affordable housing projects – Golf Heights in Sector 69, The Venetian in Sector 70 and Expressway Towers In Sector 109 — On failure of the developer to comply with the terms and conditions.

OSB was granted licenses in 2016, 2018 and 2019 to develop the projects. The developer has failed to deliver the projects till date, triggering vehement protests from allottees.

A home buyer said that the DTCP officials have given an opportunity to the builder to consider revoking his building license suspension on the request of the builder. DTCP Director General (DG) will chair the meeting with 52 buyers of the three projects. This comes after the DG issued orders for cancellation of license and attachment of movable and immovable properties of the builder for violation of various provisions of the licence.

Another homebuyer said, “Wednesday will be the decisive day for the builder and the promises made for the last seven years, as the projects are still not completed despite being part of the Pradhan Mantri Jan Awas Yojana.”

Earlier, buyers of Expressway Towers had filed a police complaint against the developer and sought forfeiture of passports of directors and OSB officials involved in the fraud.