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Ramesh Agrawal (LL.B.
& CA)
Chhattisgarh’s
Real Estate Regulatory Authority (RERA) has passed an order to hand over the
private project i.e., City of Valencia located in “Narada” of Chhattisgarh
district to Chhattisgarh Housing Board. This action is to safeguard the
interest of plot allotees. Action was taken up against builder Aftab Siddiqui
who was reluctant to develop the project & provide even the basic
necessities such as Water, Electricity, Sewer, Road, etc. as mentioned in the
brochure.
Builder
prepared a housing project in Narada in 2010 of 1072 plots. Because of the attractive
brochure and other unfair means he was able to sell 691 plots and collected
over Rs 41 Crores from the public. Instead of developing the project, the
builder siphoned off the funds. Project was supposed to be finished by 2015, no
development work commenced even after 6 years.
Chhattisgarh’s
RERA President Mr. Vivek Dhand said that 130 allottees of the project ‘City of
Valencia’ located in Narada, Raipur, filed a complaint in 2019 with the
grievance that the development work of the project was not completed. In the hearing,
it came to light that the builder had obtained development permission in the
year 2010 to construct a fully equipped residential colony with a total 1072
plots. After hearing of the case, the RERA Authority decided to hand over the
project to the Chhattisgarh Housing Board in the interest of the plot
allottees.
Now
ownership of this project will be with Chhattisgarh Housing Board, and they
will submit the action plan to RERA for the development of basic facilities in
‘City of Valencia’ within two months. In the order, the Raipur Collector has
been asked to take necessary action for the transfer of the project and land to
the Chhattisgarh Housing Board. He has been authorized to complete all the
formalities.
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