Haryana RERA versus IREO
            Haryana RERA versus IREO

Yet again,  RERA Haryana Authority at Panchkula has shown that homebuyers can’t be taken for a ride by developers when it comes to delay in handing over the possession of units, plots or flats in question.

IREO Fiveriver Pvt Ltd is the errant builder who failed in fulfilling the promise by delivering possession of plots in project situated at Sector 3,4, 4A on Pinjore-Kalka Urban Complex , Panchkula to 16 complainants in total.

Real Estate Regulatory Authority  (RERA) Haryana has ordered IREO to refund the amount to allottees with interest.

Case Title – Bhai Rajinder Pal vs. IREO Fiveriver

The reason stated by developers was solely “Force Majeure’ clause of their agreement as they failed to get requisites clearance from environment ministry,  wildlife and non-access to project as state authorities failed to provide ingress and egress even though the developer has paid Rs 172.54 crore as EDC i. e. External Development Charges

The RERA Panchkula Authority noted that developer shouldn’t have collected such a huge amount in the first place if the conditions were persisting at the earlier point of time.

Also the developer has changed the nature of project from residential to affordable housing colony under Deen Dayal Jan Awas Yojna.

So there is no possibility of developer to complete the project noted the RERA Authority.

The order instructs developer to pay 50% amount in 30 days and the next 50% in another 30 days from the date of order published on the website .

Here the home buyer has brought 500 sq. yard plot in the project for Rs  1.25 crore and paid Rs 82.82 lakh in lieu of plot. The possession was to be given in Aug 9, 2013 with 6 months grace period but possession is impossible to be given seeing the progress of project.

What are you waiting for ? In case there is a delay in your project file the complaint in RERA Panchkula Authority with the help of Rera advocates and lawyers in Chandigarh Panchkula Mohali Kharar Zirakpur Derabassi Mullanpur Garibdas through LegalSeva.

Dial 7888-356908 for more info