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Govt urged to implement Real Estate Act

By Staff Reporter
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GUWAHATI, Sept 28 - The Larica Green Hamlet Bongara Resident�s Welfare Society and Sustha Samaj Bikash Chakra have in a joint press release here today made an appeal to the State government to save the interest of the buyers of apartments by implementing the new Real Estate Act and to constitute the regulatory authority under this legislation.

The organisations alleged that against their promises to offer bungalows in a township called Larica Green Hamlet at Bongara in Guwahati, through newspapers, promotion meets and brochures, within two years� time, the Kolkata-based Larica Estates Pvt Ltd merely provided some housing facilities, sans all modern amenities. Moreover, the houses were located in a �virtual paddy field,� without any proper road, proper garbage disposal system and a proper boundary wall.

There is also no proper electricity connection with the required phases even in the �bungalows� handed over to the customers.

The builder company had promised its customers the bungalows in a township with facilities like a shopping complex, club house, library, cafeteria, swimming pool, tennis court. The township was to have over 300 bungalows, as per the promise of the builder company, said the organisations.

But now, the builder company has been allegedly engaging some goons to silence those customers who dare to lodge any complaint with the local administration against the fraud they are subjected to by the builder company. Even the president of the Welfare Society of the residents was also threatened by such goons of dire actions, alleged the organisations.

Meanwhile, the organisations said the Supreme Court has come to the rescue of such hapless customers with a recent verdict that the customers should be compensated for the delay in completion of the housing projects. The compensation rates vary between 11 per cent and 12 per cent. The Union government has also passed the Real Estate (Regulation and Development) Act, 2016.

The legislation provides for stringent punishments to builders who delay projects beyond the stipulated date of completion mentioned in the agreements, said the organisations, adding that the administration should execute the provisions of this legislation and take steps against the builders who delay their projects deliberately, to protect the interest of the customers.

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Govt urged to implement Real Estate Act

GUWAHATI, Sept 28 - The Larica Green Hamlet Bongara Resident�s Welfare Society and Sustha Samaj Bikash Chakra have in a joint press release here today made an appeal to the State government to save the interest of the buyers of apartments by implementing the new Real Estate Act and to constitute the regulatory authority under this legislation.

The organisations alleged that against their promises to offer bungalows in a township called Larica Green Hamlet at Bongara in Guwahati, through newspapers, promotion meets and brochures, within two years� time, the Kolkata-based Larica Estates Pvt Ltd merely provided some housing facilities, sans all modern amenities. Moreover, the houses were located in a �virtual paddy field,� without any proper road, proper garbage disposal system and a proper boundary wall.

There is also no proper electricity connection with the required phases even in the �bungalows� handed over to the customers.

The builder company had promised its customers the bungalows in a township with facilities like a shopping complex, club house, library, cafeteria, swimming pool, tennis court. The township was to have over 300 bungalows, as per the promise of the builder company, said the organisations.

But now, the builder company has been allegedly engaging some goons to silence those customers who dare to lodge any complaint with the local administration against the fraud they are subjected to by the builder company. Even the president of the Welfare Society of the residents was also threatened by such goons of dire actions, alleged the organisations.

Meanwhile, the organisations said the Supreme Court has come to the rescue of such hapless customers with a recent verdict that the customers should be compensated for the delay in completion of the housing projects. The compensation rates vary between 11 per cent and 12 per cent. The Union government has also passed the Real Estate (Regulation and Development) Act, 2016.

The legislation provides for stringent punishments to builders who delay projects beyond the stipulated date of completion mentioned in the agreements, said the organisations, adding that the administration should execute the provisions of this legislation and take steps against the builders who delay their projects deliberately, to protect the interest of the customers.

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