Body To Settle Builder-Buyer Conflicts – Gurgaon Arbitration Council – Hindustan Times – 12-July-2015
July 12, 2015 - Uncategorized
by Sanjeev K Ahuja
With between homebuyers and builders affecting the construction sector, an association of real estate developers and government agencies has now decided to to settle such cases.
The ill be formed by the , Real Estate Developers Council (REDCO), Haryana.
It will comprise officials from the Gurgaon administration, Municipal Corporation of Gurgaon ( MCG), Haryana Urban Development Authority ( Huda) and police department, apart from real estate developers, who are members of REDCO. The body would take up matters and within 60 days and maximum three sittings. If the matter is not settled in that duration, the buyers will be free to file police complaints or approach court.
The decision was taken at a meeting facilitated by REDCO in Gurgaon on Saturday.
Gurgaon deputy commiss i o n e r T L S a t ya p r a k a s h , MCG commissioner Vikas Gupta, deputy commissioner of police ( HQ) Nazneen Bhasin and National Real Estate Development Council president Navin Raheja were present at the meeting.
“The is for solving the developer- buyer disputes. Most of the major developers are part of this and many ,” said TL Satyaprakash.
REDCO Haryana is the like DLF, Unitech, Raheja Developers and Ambience.
REDCO president Navin Raheja, who also the CMD of Raheja Group of Developers, said that the formation of the ombudsmen body would not only help reduce the litigations against developers, but also check the trauma that the homebuyers are subjected to by spending time and money in filing police complaints and attending court proceedings.