3 days ago
HARERA Orders Raheja Developers to Refund Gurugram Shop Investment
A couple bought a shop in a Gurugram project as an investment.
They hoped it would provide income later in life.
They paid almost all of the agreed price, more than ₹50 lakh.
The builder promised to hand over the shop by January 2024.
The couple said the project was still unfinished after that deadline.
They complained to the Haryana real estate authority.
The authority said the builder had not properly responded to the case.
It ordered the builder to return their money with interest.
The builder has 90 days to make the payment.
Rohit Singh and Garima Sachan booked a 578.99-square-foot shop at Raheja Trinity, Gurugram, in September 2017.
The couple paid ₹50,49,890 toward the ₹52.98 lakh purchase price, exceeding 95% of the total.
The project’s promised January 2024 possession deadline passed, but the buyers said construction remained incomplete.
HARERA struck off Raheja Developers’ defence after it failed to submit a written response despite repeated directions.
The authority ordered a refund of ₹50,49,890 with 10.80% annual interest, payable within 90 days.
- Who
- Rohit Singh and Garima Sachan sought relief from Raheja Developers before the Gurgaon bench of the Haryana Real Estate Regulatory Authority.
- What
- HARERA ordered a refund of ₹50,49,890 plus 10.80% annual interest for an allegedly stalled commercial project.
- Where
- Raheja Trinity, Sector 84, Gurugram.
- When
- The shop was booked in September 2017, the agreement was signed on January 15, 2019, and the possession deadline was January 15, 2024; HARERA issued the reported order on August 14.
- Why
- The buyers said the project remained incomplete after the promised possession deadline and sought a refund of their payments.
Buyers’ position
Developer’s position
Project completion
Buyers’ position
The couple said the project was incomplete, construction had halted, and little progress was visible after the possession deadline.
Developer’s position
Raheja Developers did not file a written response, so it did not present a substantive defence in the reported proceedings.
Refund entitlement
Buyers’ position
The buyers sought to exit the stalled project and recover the money they had paid, with compensation for the delay.
Developer’s position
The authority noted that the developer’s defence was struck off after it failed to comply with directions to submit a reply.
Key facts
- Property
- A 578.99-square-foot commercial shop on the first floor of Raheja Trinity, Sector 84
- Total sale consideration
- ₹52.98 lakh
- Amount paid
- ₹50,49,890, or more than 95% of the agreed price
- Possession promise
- 48 months plus a 12-month grace period, ending January 15, 2024
- Refund ordered
- ₹50,49,890
- Interest rate
- 10.80% annually, based on State Bank of India’s 8.80% MCLR plus 2%
- Payment deadline
- Within 90 days of the order
Quotes
Rohit Singh and Garima Sachan
The buyers who complained about the stalled Gurugram commercial project
“To the utter shock and dismay of the complainants… there was nothing on the ground i.e. the builder has not even completed the first phase of construction and… the construction was at halt and no one was present on the site.”
livemint.com
“I found out about the order only on Wednesday. But I am happy that the authority gave us full compensation for the delay. The project is still nowhere near complete, I believe.”
livemint.com
Haryana Real Estate Regulatory Authority
The authority hearing the buyers’ dispute with Raheja Developers
“Despite giving specific directions to file a reply, it has failed to comply with the orders of the authority. It shows that the respondent is intentionally avoiding filing… written reply. Therefore, the defence of the respondent is hereby struck off.”
livemint.com
Sources
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