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News: Project held up, Mahira Homes buyers seek temporary accommodation or rent-12-02-2024

https://realty.economictimes.indiatimes.com/news/residential/gurugram-project-held-up-mahira-homes-buyers-seek-temporary-accommodation-or-rent/107612991?utm_source=top_news&utm_medium=tagListing

: As their housing project is delayed, buyers of Mahira Homes in Sector 68 have now demanded temporary accommodation till they get possession of flats. A group of homebuyers on Sunday took out a march to the house of the developer and sought immediate relief for 1,497 flat owners with accommodation or a rent of Rs 25,000 per month.

Spread across 10 acres, the project was started in April 2018 with a scheduled completion in August 2022. However, in May 2022, DTCP revoked the project’s licence after allegations of document forgery and fraudulent bank guarantees, leaving around 1,500 homebuyers in a limbo. Though the project’s licence was restored in September, the developer has failed to resume work, with only 60% work completed since its inception.

Homebuyers said multiple attempts to address the issue with senior DTCP officials have yielded no results

“We booked our flat in 2018 and it has been 6 years when only 60% of the construction is completed. We have asked the builder to provide a compensation of Rs 25,000 per month so that we can pay rent and have asked him to start the work as soon as possible. The developer has sought 15 days’ time to reply to our demand. If no satisfactory solution is provided, then we will intensify our protest as we have already given full money,” Nitin Khurana, president of Mahira homebuyers’ association, said

July last year, the Enforcement Directorate carried out searches at several locations linked to the group over financial transactions. “The project is still in its initial stage and five of the towers are not even constructed yet. We are burdened with EMIs for the loan as well as rent, which is why we have demanded temporary accommodation,” Sachin Kumar, general secretary of the buyers’ association, said.

When contacted, Sikandar Singh, managing director of Mahira Homes maintained that he has received the demand from the homebuyers and has sought a time of 15-20 days for a workable plan. “We are committed to delivering the project and have already conveyed our position to the homebuyers. The order is reserved in high court, until then, things will not move forward,” Singh said.

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