Homebuyers Protest Delay in Tashee Capital Gateway Housing Project, ET RealEstate

February 11, 2024
1 min read
Homebuyers Protest Delay in Tashee Capital Gateway Housing Project, ET RealEstate


<p>Representative Image</p>
Representative Image

GURUGRAM: Scores of homebuyers of Tashee Capital Gateway gathered in Sector 111 on Sunday to protest against prolonged delay in the completion of the housing project that was launched in 2010 with a deadline for completion set at 2015.

The project was later taken over under the SWAMIH scheme in Oct 2022.

Despite the handover, the project’s progress remains sluggish, much to the frustration of homebuyers. For a decade, homebuyers have been left in a limbo as their dream homes remain unfinished. Despite paying 90-100% of the total cost of their flats, the work on the second phase of the project is completed only halfway, while 90% work has been done in the first phase.

VK Singh, president of Capital Gateway Homebuyers Welfare Association, said they feel cheated after waiting for more than 13 years. “Many homebuyers have approached NCDRC, which have even given orders asking the developer to pay a penalty for the delay. However, that is being ignored by the developer who also refuses to pay. Homebuyers have also approached HRera seeking execution of the order, but it is still not done yet. Finally, HRera issued a recovery certificate to the district magistrate who expressed inability to recover the amount. The developer should be made accountable for the hard-earned money of homebuyers,” he added.Spread across 10.4 acres of land, the residential project has 534 flats in 10 towers. In the protest, local MLA Rakesh Daultabad lent his support to the homebuyers and sought early completion of the project.

Buyers also alleged the developer has illegally changed the entire layout of the project and reduced the green area. Also, they claimed, the plan of community building, which was supposed to be provided as per the original approved building plan, had been changed.

“The project has been funded by SWAMIH for the last two years, but the role of SWAMIH is highly questionable as it seems they are hand in glove with the developer. There is no transparency and information being shared with buyers. The developer has applied for increase in FAR under the TOD policy with an intention to increase the height of towers but it will compromise safety of the structure. We have opposed the move,” said Anil Kumar, general secretary of the association.

“Project has been taken over under SWAMIH and we have a limited role. Still, we are committed to delivering the project. The remaining work in the second phase will be completed by December,” a representative of the developer said.

  • Published On Feb 12, 2024 at 08:51 AM IST

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