Haryana RERA Update: Pareena Infrastructure to Dilver Flats to Buyer Witin 30 Days

                Gurgaon: In a relief to buyers who were waiting for possession of their dream home units for over four years, the Haryana Real Estate Regulatory Authority (H-Rera) passed an order 
directing Pareena Infrastructures Private Limited to hand over the units to them within 30 days from the date of the order pronounced on Nov 8.
While adjudicating the matter, chairperson of the Authority, Arun Kumar, also directed the city-based real estate promoter to pay the delayed possession charges (DPC) to the buyers.
"The respondent, Pareena Infrastructure Pvt Ltd, is directed to also execute the conveyance deed in favour of the complainants after settling the dues, if any, within 90 days from the 
date of this order," stated the Authority.
The DPC interest must be paid at the 11.1 percent prescribed annual rate of interest.
One of the buyers and the complainant in the case, Tarakeswar Das, booked his home unit in the group housing project Micasa, being developed in Sector 68, by Pareena 
Infrastructure Pvt Ltd in 2016.
The possession was due to take place in 2020, but when the promotor failed for deliver, the complainant filed a case against them in H-Rera court in Dec 2023.
The Authority said the promoter delayed the delivery of the allotted units to bereaved, flouting the terms and conditions of their agreement.
"The promoter failed to fulfil their obligations and responsibilities as per the agreement and hand over the possession within the stipulated period," the Authority stated.
Pareena Infrastructures Private Limited could not be reached for comment.


Source : Times of India