Now Reading: RERA orders Opera Garden promoters to refund Rs 2 crore, complete amenities
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RERA orders Opera Garden promoters to refund Rs 2 crore, complete amenities
RERA orders Opera Garden promoters to refund Rs 2 crore, complete amenities
Punjab RERA has directed the promoters of Opera Garden in Zirakpur to complete and operationalise all promised common amenities, transfer common areas to the recognised residents' association, and return the interest-free maintenance…
The Story in Brief
Punjab RERA has directed the promoters of Opera Garden in Zirakpur to complete and operationalise all promised common amenities, transfer common areas to the recognised residents' association, and return the interest-free maintenance security corpus of over Rs 2 crore to allottees after deducting legitimate dues. The order came on a complaint by the Opera Residents Association, which listed several deficiencies including a non-functional clubhouse, incomplete swimming pool, and inadequate power backup.
RERA noted that the promoters had obtained only partial completion certificates and lacked a full certificate for the entire project. The authority rejected the promoters' objection that the association had no locus standi, and directed both rival residents' associations to approach the jurisdictional SDM within 30 days for recognition. Promoters must also transfer common area rights to the recognised body within three months.
The Indian Opinion
This order highlights that RERA can cut through builders' delaying tactics and hold them to their contracts. But the lazy narrative that promoters are solely to blame overlooks residents who have formed rival associations and may default on maintenance charges. RERA has rightly made both sides accountable. The real test will come in three months: will the common areas actually be transferred, or will the promoters seek another extension?
Source: hindustantimes.com
This story was synthesised by AI from the source linked above.
