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Lack of reliable info on housing projects worries buyers

Last updated: January 2 2012
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  • Lack of reliable info on housing projects worries buyers

    GURGAON: Gurgaon has over 75% of Haryanas share of applications for licences and clearances of residential projects, which are being launched on a weekly basis.

    However, customers do not have any reliable information about whether the builders have obtained the necessary clearances before they start raising money from the public.

    About a fortnight ago, the Town and Country Planning department had passed strict orders that all builder advertisements should carry licence details. However, the builders have failed to adhere to the TCP orders.

    What is surprising is the fact that even the state-registered real estate brokers do not check the details before advertising for a private developer and collecting payment cheques on behalf of the builders.

    Even the major builders in Gurgaon have not been giving licence details in their ads. While two real estate majors refused to comment on the issue, one said it would implement the rules soon.

    Regarding the referred notification from the Town and Country Planning department, we have not received any official communication from the department as of now. But we have no hesitation in accepting such guidelines and will follow such orders whenever such orders/instructions are received, said a spokesperson of a real estate major in Gurgaon.

    Industry experts say, Consumers feel that some builders may be suppressing this information in their advertisements and promotional material because they actually don't have all the requisite clearances and licences, in which case their raising money from the public amounts to a pre-launch, which is strictly illegal in Haryana.

    The customers find it difficult to check whether a builder collecting their booking cheques has all the required clearances because there is no reliable source from where they can get information.

    Interestingly, it is not only the private developer but also public sector bodies like National Buildings Construction Corporation (NBCC) that fail to comply with the TCP norms.

    Take for example an advertisement of NBCC Heights (Sector 89) and NBCC Green View (Sector 37-D), where the launch of the project has been announced recently. However, no where in the entire advertisement does the PSU mention the licence details.

    Most such orders remain ineffective in the absence of a monitoring system. The recent order also specifies that the director, Town and Country Planning department (DTCP) has instructed the town planners and enforcement wing staff to monitor all public material and advertisements to keep a tab on defaulters.

    When contacted, senior town planner R K Singh said it was the responsibility of the DTP (enforcement) and that he will have to check whether an action has been initiated in this matter.

    According to Gurgaon deputy commissioner, P C Meena, the details of project licences are available with the STP office and a consumer can verify details. However, if the department is not complying with the norms, I will ask them to do so immediately, confirmed the DC. The DTCP, TC Gupta, was not available for comment.

    Lack of reliable info on housing projects worries buyers - The Times of India
  • #2

    #2

    Re : Lack of reliable info on housing projects worries buyers

    Good piece of information

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    • #3

      #3

      Re : Lack of reliable info on housing projects worries buyers

      Dear Sir, totally agree with your point of view, and the same is there in today's TOI also stating for giving their license details in their advertisements as well. but what we can do with the developers that we can go and check with them before making any sort of booking with their particular projects, rather than going on a fast track for our sake.

      Secondly due to these fears only we should always go with the developers who have credibility in the market and the deliverable in the area or nearby locations.

      But this thing should be kept in mind before entering in any of the launches being made by the developer, that's why you can see the developers didn't issue Application forms before they get the license from the concerned authorities.

      Regards
      Last edited July 6 2012, 11:48 PM. Reason: email deleted

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