Which builders have violated RERA rules?

Some buyers, attracted by digital media blitzkrieg on pre-launch projects, poured their hard earnings in the hands of realtors who floated pre-launch offers claiming them to be so cheap. There are many projects, in which gullible customers invested their life-time earnings, in and around Hyderabad which are yet to take off. In fact, these projects were announced three years ago, but still they have to see light at the end of the tunnel.

Buyers of properties in these projects are caught between the devil and the deep sea. They are in a piquant situation and not able to complain about it to anyone for fear of the builder not returning them their money. Even if they complain against them, the RERA protecting their interests is doubtful. That is why, they are not complaining against promoters of these projects to anyone.

The question here is how many developers who have been selling flats in pre-launch projects have received notices from RERA? How much money did RERA realize towards the fine? The RERA, at least now, should issue a statement on pre-launch projects to keep new customers away from walking into the trap.

Plea to cancel membership

To protect the gullible buyers from fraudulent developers, the RERA has been floated. It has many lofty objectives. The state government gave priority to the RERA, but later it conveniently ignored the body. The RERA should address letters to the GHMC and other local bodies to cancel GHMC membership of the fraudulent developers to cheat the public. Then only such activities can be reined in. The photos of builders whose membership is canceled should be published in the media.

How many builders received notices so far?

According to reliable information, the RERA served notices on at least 50 promoters for wrong doing. The RERA staff members undertook field trips and gathered information. Some of the promoters have become over smart in giving their replies to the show-cause notices of the RERA. They have been complaining to the RERA passing the buck on the GHMC, HMDA, other corporations and civic bodies and blaming these organizations for delay in giving the building permissions.

It is important for them to realize that the RERA would not believe their contention. The rule stipulated is that the promoters should sell the flats only after receiving the approvals from local bodies and upon registering the project with the RERA. If any promoter claims to have not registered their projects with RERA only due to delay in securing building approvals from the local bodies would mean admitting to their guilt. These organizations are liable to pay 10 percent of the project cost as fine the moment they apply to the RERA for membership.

Why should criminal cases not be filed against those promoters who chose not to respond even after the RERA served notices on them? Why should such promoters not be kept behind the bars? The delay in response on the part of these promoters would definitely mean they are ignoring the RERA. The fly-by night promoters will have the tendency to ignore the RERA. A majority of the developers have been demanding filing of criminal cases against such fraudulent promoters.