Gurugram: Tashee Capital Gateway buyers protest over delayed possession

January 29, 2023
Gurugram: Tashee Capital Gateway buyers protest over delayed possession

GURUGRAM: More than 50 homebuyers of Tashee Capital Gateway gathered at the project site in Sector 111 and staged a protest against the developer over the delay in handing over possession of their flats.

According to the protesters, the project was launched in 2011. The builder-buyer agreements were signed in 2013 with the promise of delivery of flats by December 2015.

Till date, however, only 65% of the work has been completed in the first phase of the project, while 40% work has been done in phase 2, homebuyers claimed. Spread across 10.5 acres, the project has about 530 flats, of which around 350 units have been sold by the developer. Most of the buyers have paid around 90% to 100% of the amount.

“We were promised possession of our flats in December 2015, and even after seven years, we are not sure when they will be delivered,” said VK Singh, president of Capital Gateway Homebuyers Welfare Association.

In 2019, some of the buyers approached H-Rera, which imposed a penalty of 10.2% per annum for the delay, but the developer did not comply with the order, they alleged.

“Earlier, the developer made excuses and gave fresh deadlines after deadlines, but now they have stopped responding to us. The developer didn’t comply with H-Rera’s order and it seems like the authorities don’t have the power to take action,” Harbir Singh Gulati, another buyer, said.

The homebuyers have urged H-Rera and the state government to intervene and get the project completed within a stipulated time frame. “We have taken loans and are paying EMIs along with rent. Construction has been going on at a slow pace with only 65% work completed in phase 1, while in phase 2, only the concrete structure has been completed so far,” said Anil Kumar, another buyer.

Meanwhile, KN Shukla, the promoter of KN Infracon, the developer, refuted the allegations.

“Initially, there was a delay in getting environmental clearance and a dispute with a foreign investor as well. Other challenges such as the pandemic and the construction ban added to the delay. I am committed to my customers and I am not running away from my responsibility. Funds have been granted and the project has been taken over under SWAMIH scheme backed by the Centre. We will deliver phase 1 within the next six months,” Shukla said.

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