GURGAON: Keeping in view the large number of complaints of home buyers and issues related to developers from Gurgaon, state government is considering to form a separate or special body for millennium city under Real Estate (Regulation and Development) Act, 2016 (RERA) in Haryana for effective resolution of grievances related to real estate.
According to an estimate around 70% of total grievances related to real estate in Haryana are from Gurgaon only. “So it would be appropriate to have a separate and dedicated body under RERA for Gurgaon,” said a senior government official. This will save home buyers and developers from repeated travel to Chandigarh for resolution of issues related to real estate projects.
Two days back (on Tuesday) chief minister Manohar Lal Khattar during monthly district grievance committee meeting had announced that government will soon come up with its rule for implementation of RERA in Haryana. “During the meeting chief minister has also suggested a separate body for Gurgaon,” said the official adding that work on formulation of rules will start now and RERA is expected to be implemented in the state by April 2017.
Elaborating about the reason behind consideration for separate body for Gurgaon, the official said chief minister had dedicating lots of time in resolution of home buyer’s issues from Gurgaon in last six months. Most of the issues listed in district grievance committee were related to developers.
Along with grievance meet, state government had constituted Allottees Grievance Redressal Forum (AGRF) in Gurgaon under the chairmanship of deputy commissioner in September 2015 for solving the problems of home buyers in private developer areas in a time-bound manner. Till now AGRF had hold four meetings in September 2015, January, August and September this year and took up more than 100 complaints in these meetings.
“The state government and chief minister in particular have been paying special attention for resolution of home buyer’s issues from Gurgaon. So it would be logical conclusion to form separate body under RERA dedicated for resolution of issues from Gurgaon,” said the official.
The move to form a separate body for monitoring the implementation of RERA in Gurgaon has been hailed by developers and buyers. “Given the size of the real estate market of Gurgaon, it is apt to have a dedicated RERA body to make the overall monitoring process efficient and speedy. As RERA is expected to bring greater transparency and accountability in the sector, having a separate body would further enhance the confidence of home buyer’s as well institutional investors in the Gurgaon real estate market,” said Vivek Singhal, president- Corporate Strategy, M3M Group.
Ravish Kapoor, director Elan, believes a separate body to ensure effective implementation of RERA in Gurgaon will have positive impact on the sector. “Most importantly, there is clarity needed on the law provisions and its applicability. With a local body in place, responsible developers will be benefited and will result into right implementation,” said Kapoor adding that in view of the current industry scenario and with RERA; the start is going to be little slow but eventually it will organize the sector and will set a transparent tone.
“Government has been paying attention to grievances of home buyers through district grievance meet and AGRF. Formation of separate body for Gurgaon under RERA would further help in resolution of home buyer’s issues,” said Satish Mishra, one of the home buyers of Unitech.
Credits ET Realty