Launched in 2010, Park Spacio is still far from completion

A 23-acre housing society— Park Spacio in Sector 37D by BPTP — launched in June 2010, is yet to be handed over to homebuyers.


Hundreds of aggrieved families are still uncertain about getting their houses in the society.


After launching the project nine years ago, the developer promised possession to buyers in December 2016. However, only 60 percent of the project has been completed and the deadline is being repeatedly extended every six months. The buyers have alleged that after taking 90 percent of the money, the builder keeps announcing fresh deadlines with no real work on the ground. On top of this, sudden stoppage of construction work due to problems with payment between developer and contractor is a grave concern for the already-stressed buyers.


Amit Garg, one of the buyers, said that the developer has been playing games with homebuyers by taking the full amount and not giving anything till date. “The builder-buyers agreement has nothing for buyers. I have to pay both, the EMI and rent. I have been undergoing mental trauma ever since I bought the flat” he said.


Another buyer asked, “May I know what the government has done by putting Rera into action without providing any rights to the buyer?” He added, “Going to the Rera office and talking to the people sitting there makes us feel helpless and nothing more”.


“They launched the project in the year 2010 and it’s 2019. They haven’t provided possession of flats to a single person. Where are the rules and regulations? Are regulations only meant for buyers, who have to pay hefty penalties when they are unable to pay the amount even with small delays? These fraud builders take all the money and infinite time to deliver,” he said.


Neeraj Singh, another buyer, said the work in the project is on hold. “We are getting lots of emails from the developer saying that the possession will be given by November this year, but the work itself has not resumed. Therefore, possession of flats looks difficult as of now,” he said.
He further said that he visited the site and saw no progress in the project. When he inquired, he was told that the developer has not paid the contractors since December last year, therefore work hasn’t resumed.


Sakshi Molasi, one of the initial buyers, said, “I live in a rented house in Gurugram for the past 6 years. I purchased a unit in L tower 2 years ago as I wished to have my own house. I have already paid 95 percent of my flat price to the builder, but all seems to have gone in vain”.
Meanwhile, VP (marketing & customer service), BPTP, Rohit Mohan said, “The project is registered with Rera Panchkula. We are confident we will be able to deliver the same within 6 to 8 months. We have completed the structure and major electrical and plumbing works. The project is at the final stage.”
Source: https://timesofindia.indiatimes.com/city/gurgaon/launched-in-2010-park-spacio-is-still-far-from-completion/articleshow/69796019.cms


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