A group of over 50 homebuyers running from pillar to post to get delivery of their flats, which is allegedly overdue by five years, held a protest at the under-construction site on Hennur Road on Sunday. The homebuyers, who said that they had made payments in 2011, have approached several agencies, including Real Estate Regulatory Authority-Karnataka (RERA-K) and the city police.
One of the homebuyers, K.S. Franklin, said that 52 homebuyers had paid anywhere between 25 lakh and 90 lakh for a flat in 2011. We were promised that the flats in Elegant Altis would be delivered by mid-2015. To date, not one flat has been handed over to buyers. Most of us have availed loans, for which we are paying EMIs, he said.
RERA-K had ruled in favour of two flat-owners. In September 2019, the Authority has ordered the developer to not only pay the principal amount, but also penalty and interest. A similar order was passed a few months ago this year too.
But it is shocking that there has been no implementation of the RERA-K order. Fed up with the state of affairs, we registered an FIR at Pulikeshi Nagar Police Station in July this year against the developer for cheating homebuyers, Mr. Franklin said.
We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.
Support Quality Journalism
Your support for our journalism is invaluable. Its a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.
The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.
We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.