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News: Gurugram: Twenty bouncers in tow, OSB Group tells buyers project delayed-12-04-2021

https://realty.economictimes.indiatimes.com/news/residential/gurugram-twenty-bouncers-in-tow-osb-group-tells-buyers-project-delayed/82025176

Gurugram: Twenty bouncers in tow, OSB Group tells buyers project delayed

Launched in October 2016 ,OSB Expressway Towers on 7.5 acres has over 1,000 units, each in the range of Rs 14 to 26 lakh. The developer, Ocean Seven Buildtech (OSB) Group, had initially promised possession in May 2021. But the construction was stopped around 18 months back.

GURUGRAM: After repeated requests of meeting, two representatives sent by the builder of OSB Expressway Towers, an affordable housing project in Sector 109, met a group of aggrieved homebuyers in the presence of 20 bouncers on Sunday.

According to the buyers, since its launch in 2016, only 50% of the work has been completed. The units were supposed to be ready by May this year and then the deadline was extended to November 2021. But on Sunday, the buyers were told that the deadline has been extended to June 2022.

On Sunday, developer’s representatives Arun Yadav and Sanjeev Kumar met about 150 buyers at the project site. Asked about the deadline, the officials said it is June 2022, as per government norms. They, however, did not comment on the delay or why bouncers were present on Sunday.

Pankaj Kumar, who had booked a flat in May 2017, said: “It’s been almost four years but hardly 40-50% work is done. The developer has taken 90-100% payment from all buyers. We are paying rent as well as instalments for our home loans.”

Launched in October 2016, the project on 7.5 acres has over 1,000 units, each in the range of Rs 14 to 26 lakh. The developer, Ocean Seven Buildtech (OSB) Group, had initially promised possession in May 2021. But the construction was stopped around 18 months back.

The buyers have alleged that the builder has restricted their entry and told them to visit the site only on Saturdays and Sundays after getting prior approval.

“In August last year, they promised us that the work will resume in September. Then they said it will start after Diwali. Last month we were told the work will restart in March itself. But that has not happened,” Kumar said.

The homebuyers said they have complained on several platforms, including the CM window. But no action has been taken.

Homebuyer Mahipal Singh said: “Several complaints have been made on the CM window and also with H-Rera. But there has been no positive development.”

A group of buyers has now written to Badshapur MLA Rakesh Daultabad requesting him to take up the matter with the department of town and country planning and initiate action against the developer.

Shreya Sachan, who has also booked a flat, said: “We are suffering because of the delay and paying both rent and loan money for months now.”

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