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The department of town and country planning (DTCP) Gurugram has suspended the licences of three affordable housing projects for failing to comply with their terms and conditions.
Ocean Seven Buildtech Private Limited was granted licences in 2016, 2018, and 2019 to develop Expressway Towers in Sector 109, Golf Heights in Sector 69, and The Venetian in Sector 70 Gurugram separately.
Nevertheless, the developer has yet to complete the projects, sparking outrage among the allottees. While deciding how to proceed with the stalled projects, DTCP officials have been asked to look into the developer’s other assets.
In the order, TL Satyaprakash, director general of the town and country planning department, stated that the developer had committed grave violations of Act No. 8 of 1975 and its Rules. After various complaints from allottees against the developer for the project’s delay had been received through various mediums.
As the Affordable Group Housing Colony project targets the generation of housing stock for low and middle-income groups, the licences granted to your company are hereby suspended.”
Homebuyers have filed numerous complaints against the developer for the project’s delay in completion. The licence for Expressway Towers expired in May 2021, according to a senior DTCP official, and there are outstanding dues of Rs. 14 crores on account of external development charges (EDC).
Senior town planner Sanjeev Mann stated, “The developer was given enough time to share the project completion schedule, but there was no clear response from them. Despite repeated requests, the developer has failed to clear outstanding debts and apply for licence renewal.”
The purchasers of Expressway Towers filed a police complaint against the developer and requested that the developer’s passports be seized. They were promised possession of the flats in 2021, but only 60% of the work has been completed till date. After the developer committed to the projects on time, the majority of homebuyers have already paid the entire flat cost.
Source- Times Of India