300 Gurgaon home buyers protest against delayed possession

GURGAON: Over 300 home buyers protested against a real estate developer in Sector 103 of the city.The buyers came with furniture and household goods, in a gesture to shift to the apartments at the earliest.The buyers alleged that the developer had to give possession in 2015, but construction is not even completed in the entire township.Reportedly, more than 95 per cent buyers have given 90 per cent payment for their apartments.Recently, some buyers of Noida Extension or Greater Noida (west) had stirred action against delayed occupancy of apartments.The Federation of Association of Apartment Owners (FedAOA) of Ghaziabad had demanded action against developers over delay in handover of possession of flats to the owners.

In a letter to UP CM Akhilesh Yadav on Tuesday recently, the federation had demanded framing of rules under the UP Apartment (Promotion of Construction, Ownership and Maintenance) Act, 2010, to force developers, who miss the deadline of handing over flats, to pay compensation to homebuyers.

(source by:-Realty Fact )

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