Chandigarh: A relief for people who have lost crores from the rupee of the money obtained with difficulty because false promises by seller agents or builders, the Gurugram bench Real Estate Regulatory (Hrera) has argued that developers are responsible for paying “guaranteed.
Return “as agreed upon according to the Builderbuyer agreement.
In his assessment, the authority has been held, “by taking the sale of sales in advanced ways, builders promise a certain amount by means of convincing returns for a certain period, therefore failure to the builder section to fulfill its commitment, allottee.
Having the right to approach the authority for the recovery of his complaint Submitting a complaint.
“While saying the assessment, a gurgaon bench from Hrera led by the chairman KK Khandelwal had attended the Precedent of the Bombay High Court in the case of Realtors Neelkamal.
Authority has observed real estate action (regulation and development), 2016, has no allowance for rewriting the contractual obligation between the parties, therefore promoters / developers / builders cannot be allowed to take a request that no contractual obligation to pay the amount of return Guaranteed to Allottes after starting from the act of Rera.
, 2016, or that the New Testament is being executed in connection with that fact.
Hrua has passed this order while deciding a group of 26 cases such as the payment of returns guaranteed as promised by the promoter / builder to Allottees at the time of the agreement for sale for real estate units.
These cases are mostly related to developers, Vatika Limited.
The promoter lured allotteses with Returns Insurance: Large Numbe R Case was being submitted before Hrera Gurgaon where ALLOTTEES who was harmed alleged that the promoter had lured them to invest in a real estate project by promising a specific monthly rate of return on the amount deposited for the price for the unit.
With the return scheme feeling floating, the promoters gathered almost 100% payment from Allottees at first.
Some property buyers have become victims of such schemes, and fail to get property, set aside guaranteed returns and end up struggling to recover their money from developers.
The developer is responsible for paying ‘return return’: Hrera
