Complaints Rise as Promoters Violate Legal Rights of Allottees

Lucknow / Gautam Buddh Nagar – The U.P. Real Estate Regulatory Authority (RERA) is taking a firm stand against real estate promoters offering possession of properties under restrictive terms that undermine the rights of allottees. Complaints have surged from home buyers alleging that they are being forced to accept possession through declarations that deviate from their original Agreements for Sale.

Troubling Trends in Possession Offers

In a troubling trend, promoters are reportedly delivering possession with conditions that infringe on the allottees’ legal rights, violating the provisions of the RERA Act. Many have raised concerns about receiving units that do not align with the promised amenities, as outlined in their agreements. This includes cases where possession is granted without the necessary Occupancy Certificate (OC) or Completion Certificate (CC) from relevant authorities.

Emphasis on Transparency and Compliance

U.P. RERA has emphasized that all property transactions must adhere strictly to factual representations and approved layouts. The authority has reiterated that possession should only be offered according to the terms specified in the Agreement for Sale, ensuring transparency and accountability.

Exceeding Agreed Costs Raises Red Flags

Moreover, reports indicate that some promoters are demanding payment amounts exceeding the agreed-upon costs before granting possession. This practice has left many allottees with incomplete units, raising serious questions about the integrity of the transactions.

Authority’s Response to Violations

In response to these violations, U.P. RERA is poised to take action against promoters found guilty of misconduct. The authority aims to safeguard the interests of home buyers by holding accountable those who mislead customers or fail to deliver on their commitments.

Rights and Legal Recourse for Allottees

Experts have urged allottees to be vigilant and assert their rights, recommending that they demand possession along with compensation for any delays experienced. Legal recourse through the Consumer Forum, High Court, or Supreme Court remains an option for those affected.

Upholding Fairness in the Real Estate Sector

The chairman of U.P. RERA has underscored the detrimental impact of these practices on the real estate sector, asserting that they contravene the principles of fairness and transparency. He called for all promoters to adhere strictly to the terms of the Agreement for Sale, fostering trust and satisfaction among allottees.

Collaborative Efforts for Consumer Protection

As U.P. RERA steps up enforcement measures, stakeholders are urged to collaborate in upholding the integrity of the real estate market and protecting consumer rights.