亚博体育官网首页

DTCP Bans Sale and Purchase in Mahira 亚博体育官网首页s' Societies
Real Estate

DTCP Bans Sale and Purchase in Mahira 亚博体育官网首页s' Societies

The Department of Town and Country Planning (DTCP) has banned the sale and purchase of properties in two societies developed by Mahira 亚博体育官网首页s Group in Sectors 103 and 104. The group came under scrutiny after it failed to deposit external and internal development charges (EDC/IDC). Earlier, a show-cause notice was issued to the developer on August 11, 2023, granting an opportunity to clear the dues and resolve disputes related to licensing documents. The builder, however, ignored the orders. This came after landowners filed complaints accusing the builder of obtaining licenses using forged documents. Mahira Group and Czar Buildwell had obtained housing licenses in 2019 and 2021 respectively. Citing the builder's negligent approach, the DTCP director asked the district deputy commissioner to ban all transactions involving land or flats in the two societies. Earlier, H-Rera had engaged experts from the National Buildings Construction Corporation (NBCC) to conduct technical and feasibility assessments of stalled Mahira 亚博体育官网首页s projects to expedite it. NBCC specialists conducted site inspections to evaluate construction progress and actual site conditions. Arun Kumar H-Rera (Gurgaon) chairman had stated that NBCC's comprehensive report would determine future actions. More than 5,000 homebuyers have been protesting against the developer due to these stalled projects that has left them grappling with uncertainties about their investments. Amid the growing tension between developers and regulatory authorities, affected residents hope for swift resolutions and stricter enforcement of housing norms. Meanwhile, this action underscores the DTCP's resolve to hold developers accountable for non-compliance with housing regulations. Experts say such measures are critical to safeguarding homebuyers' interests and curbing fraudulent practices in the real estate sector

The Department of Town and Country Planning (DTCP) has banned the sale and purchase of properties in two societies developed by Mahira 亚博体育官网首页s Group in Sectors 103 and 104. The group came under scrutiny after it failed to deposit external and internal development charges (EDC/IDC). Earlier, a show-cause notice was issued to the developer on August 11, 2023, granting an opportunity to clear the dues and resolve disputes related to licensing documents. The builder, however, ignored the orders. This came after landowners filed complaints accusing the builder of obtaining licenses using forged documents. Mahira Group and Czar Buildwell had obtained housing licenses in 2019 and 2021 respectively. Citing the builder's negligent approach, the DTCP director asked the district deputy commissioner to ban all transactions involving land or flats in the two societies. Earlier, H-Rera had engaged experts from the National Buildings Construction Corporation (NBCC) to conduct technical and feasibility assessments of stalled Mahira 亚博体育官网首页s projects to expedite it. NBCC specialists conducted site inspections to evaluate construction progress and actual site conditions. Arun Kumar H-Rera (Gurgaon) chairman had stated that NBCC's comprehensive report would determine future actions. More than 5,000 homebuyers have been protesting against the developer due to these stalled projects that has left them grappling with uncertainties about their investments. Amid the growing tension between developers and regulatory authorities, affected residents hope for swift resolutions and stricter enforcement of housing norms. Meanwhile, this action underscores the DTCP's resolve to hold developers accountable for non-compliance with housing regulations. Experts say such measures are critical to safeguarding homebuyers' interests and curbing fraudulent practices in the real estate sector

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