Tamil Nadu RERA addresses its first inquiry against developer from Chennai

real-estate-chennai

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) addresses its first inquiry against a developer in Chennai after a complaint was filed by homebuyers on delay to deliver apartments within the assured time.

Two homebuyers have filed complaint against a leading developer accusing failure in delivery of possession of flats located on the outskirts of the city. The TNRERA has also directed the developer to register the incomplete project with the authority.

Official sources said a representative of the developer participated in the inquiry.

The managing director of the real estate firm was not present on the occasion, but the company had sent its representative. He took note of the complaints with an assurance to respond within two weeks

As per TOI. The complainant was represented by the homebuyers association, whereas, State housing secretary, who is the interim chairman of TNRERA, chaired the proceedings.

The TNRERA directed the developer to register their projects situated near Kalpakkam on ECR and Pondur around Sriperumpudur with the authority. Weeks after the Tamil Nadu Real Estate (Regulation and Development) Rules, 2017 was notified on June 22, the directorate of town and country planning (DTCP) released the list of nearly 190 projects that were exempted from RERA.

However, the two projects executed by the same developer in two different areas of neighbouring Kancheepuram district, falling under the purview of DTCP, did not figure in the list.”Hence, we have told the developer to register their projects with TNRERA,” the official said.

The two homebuyers have also alleged that the developer has deserted the project halfway. Almost 50 to 80% of the total cost was paid to the developer, an official citing the complaint said. But, the units were not handed over to the buyers within the deadline. Construction for the two projects with collectively numbering 1500 units had started in 2010-11 and should have been delivered to the homebuyers by 2013.


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