Project in Gurugram
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Good news for all the home-buyers who have invested in ‘Greenopolis’ project of Gurugram as Haryana RERA has decided to supervise directly this incomplete residential project. The announcement has been made in a recent meeting which took place between HRERA officials and homebuyers association.

Giving more details about the meeting, HRERA chief K.K. Khandelwal said that taking direct supervision by authority of any stalled project is first of its kind in the country.

He further said, “ The project ‘Greenopolis’ is being managed by two real estate developers, Orris and Three C-Shelter Infrastructure wherein Orris obtained a license for the residential project over a 47-acre plot in 2011 and later signed a contract with Three C-Shelter Infrastructure. But they still not able to deliver homes,”

“Three C-Shelter Infrastructure was supposed to construct all the flats or houses with 35 percent share with Orris but failed to do so. Both firms allotted 1,862 units and were supposed to deliver all units by Dec 2015 but they did not keep their promise,” Khandelwal added.

All the allottees have already paid more than 80 percent of the amount till date but just 40 percent work has been completed. So, after repeated complaints by homebuyers, HRERA decided to take this initiative

Acting on them, HRERA appointed M.S. Turan as the Investigation Commissioner. Apart from him, Quantum Infrastructure has been assigned the task to conduct a quantitative survey of the stalled project.

Khandelwal also said that they have already seized the bank accounts of both the builders and they will be able to withdraw only that amount which the stalled construction needs and that too in the supervision of appointed authority.

The Investigation Commissioner was appointed under Section 35 of H-RERA Act 2016. “The probe report will be completed in two months of time and we have fixed August 28 for next hearing date.” Khandelwal further added.

About Greenopolis project

Located in the sector- 89 of Gurugram, Greenopolis is an innovatively designed eco-friendly project which comes with varied apartment choices and lot of green spaces.