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Madhya Pradesh RERA issues notice to Gammon India

The Madhya Pradesh Real Estate Regulatory Authority (RERA) has issued a notice to Gammon India’s Shrishti CBD residential project in Bhopal after complaints raised by a buyer. After verification of charges, a notice was issued to Gammon. The state RERA member Dinesh Kumar Naik confirmed to media

BY Realty Plus
Published - Wednesday, 26 Jul, 2017
Madhya Pradesh RERA issues notice to Gammon India
The Madhya Pradesh Real Estate Regulatory Authority (RERA) has issued a notice to Gammon India’s Shrishti CBD residential project in Bhopal after complaints raised by a buyer. After verification of charges, a notice was issued to Gammon. The state RERA member Dinesh Kumar Naik confirmed to media that a notice has been served to Gammon. Among the charges leveled against project authorities, the complainant, Chandana C Arora alleged issues of payment and possession. She said: "Gammon Shrishti is supposedly the most exorbitant housing project in the state and we have willingly paid huge amount of money for the location and its credibility of government land. Gammon has en-cashed these two things for maximum monetary benefit. If builder is not delivering or is looting the buyers' right under the nose of the state government and MP RERA, it is more of a problem for the above two, rather than for us as buyers," Arora said. The complainant had paid 90% of the total sale price with the assurance that possession would be given by mid or late 2015. However, till date possession has not been given. She added that others who had invested in the project would soon approach RERA as well.

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