Delay by ~5 Years & RERA Breaches
Jun 07, 2022 10:54 PM
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Product Implementation Rate:
Does any investor/buyer know the latest status of this project and what have people heard with regards to Issues, completion and handover?
I have invested in this project in 2013 and was supposed to receive possession by 2017 October. I have waited patiently and ultimately realized I have sat quiet way too long. I have still not got any legitimate commitment from the builder as to when it will be handed over and it has been close to 5 years now. Does anyone receive clear communication and commitment in writing from the builders office proactively?
This is total injustice to the buyers who are paying Rents, EMIs etc. and are bleeding while the builder does not have the basic decency to even give a commitment or check in after collecting all the money and just talks in thin air and uses Covid as an excuse which by the way for new buyers/investors started only in 2020 while he was supposed to deliver in 2017 Oct.
Please write up and share your contact details / experiences with all over here if you are an investor/buyer as everyone would like to hear your story and hope everyone speaks up as together we can identify the actual problem and eventually connect and take the necessary course of action collectively.
Other Red flags for the potential home buyer, The original extension application filed and approved by RERA, the project completion date agreed and approved was 31/07/2019 which lapsed. The subsequent application - Renewed RERA extension date of completion30/04/2021( Reg #
EX/PRM/KA/RERA/1251/446/PR/201125/000798) seems to have lapsed as well
Source of Details
List of Promoters Pending for Recovery as Arrears of Land Revenue who are not complied the Orders of K-RERA
https://rera.karnataka.gov.in/reraDocument?DOC=mXdSEUz6GHDAVGDYGV5vxg%3D%3D
RERA Extension Certificate
https://rera.karnataka.gov.in/viewRenewalProjects
List of Complaints - R J LAKE GARDENIA, R.J BROOKE SQUARE / RJ BROOKE SQUARE
https://rera.karnataka.gov.in/projectComplaintReport
R J LAKE GARDENIA
https://rera.karnataka.gov.in/viewRevenueRecoveryList
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