New Delhi: In the decision of the landmark, the Tamil Nadu Real Estate Regulatory Authority (Terna) has appointed a Rera official committee to execute sales deeds for parts / plots that are not divided to support the association of jammed housing project buyers in Coimbatore.
The Rera Authority will write to the State Planning Department for permission; Then the association will submit a registration with the Rera and the home of the home buyer will complete the project.
While this order brought a big help to 700 home buyers, he had come at a time, different ra authorities did not enforce the execution command against builders despite their failure to obey orders.
In this case, the Sahara Housing Investors Association (Shia), the body of a home buyer formed by a disadvanted buyer who has invested in the houses of the Sahara City, Coimbatore Project from 2005 and so on filed complaints with TNRERA against Sahara Prime City Ltd.
March.
2019 about termination of the project.
Builder has promised to hand over home ownership from 2011 and so on.
Shiite also complains how the builder has not registered a project with the Rera, which is a legal requirement.
After several hearings, Rera passed order in the buyer in January 2020.
The builder has recognized that they are in a terrible financial condition and the inability to continue the construction left in a project that has been directed by TNRRED to carry out sales, for parts that are not divided / plot in connection With Allottees and deliver the general area that supports the association within three months and also imposes RS 1 Crore penalty on builders for non-registration projects under TNRERA.
It has directed the City Director and Planning State (DTCP) to approve the planning permit for updates or revisions to the association since the previous permit has ended in September 2014.
But because the builder fails to obey orders in the specified time, the association of household buyers submitted the execution petition (EP) with TNRERA in December last year.
Rera passed the order of supporting home buyers on November 18 (Thursday).