Rudra Palace Height: Meet over delayed possession inconclusive
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Rudra Palace Height: Meet over delayed possession inconclusive

Flat buyers said that the meeting was held to discuss various queries regarding possession of flats.

Rudra Palace Height: Meet over delayed possession inconclusive

Around 40-50 people waiting for possession of the flats they have booked in Rudra Buildwell’s housing project, Rudra Palace Height in Greater Noida West, drew a blank from a meeting they had with project developer on Saturday. 

The meeting held to discuss queries with regard to possession of the flats was inconclusive. What they got at the end of the meeting was another assurance from the developer that they will get possession of their flats. But no one knows when.

“The builder only shared his problems and we were left with one more assurance. The date of possession was fixed by RERA in December 2019. But it was again extended to between March and June, 2020,” said Shashi Gopal, a flat buyer who was leading the group. 

“We have raised the problems of the home buyers most of whom have paid 90 per cent of their dues yet the builder was noncommittal on the passion of the flats,” he added.

He further said, “The builder has promised to have another meeting in November. However, the date is not fixed. The developer (Mukesh Khurana) said he is trying to arrange fund from the market and sought some more time. However, when we asked him for another meeting, he said they may meet in first week of November. We have decided to wait for another one-and-a-half month.”

Under the project, the builder was supposed to develop 1,418 flats. Around 600 were booked between 2011 and 2015 and the possession was due in 2016. 

“The Builder told us that he had filed an application with the UP-RERA to extend the possession date fixed for December this year with an appeal to ask the buyers to pay up their remaining dues to restart the construction work,” said Sagar Sharma, another flat buyer.

“There are around 50 home buyers in the group who have paid around 90-95 per cent of the total amount. We have also approached UP-RERA and requested them to direct the developer to compensate home buyers for delay in the possession,” he added.

According to a report published in The Time of India (TOI), Rudra Palace Height is among those projects in Greater Noida West where construction stopped around two-and-a-half years ago. 

In December 2018, Greater Noida bench of UP-RERA directed nearly a dozen Noida-based builders to speed up completion of 21,000 flats in Noida and Greater Noida. Out of those, 1,478 flats are of Rudra Palace Height project.

Real estate firm, Rudra Buildwell, has two projects in Greater Noida West – Aqua Casa (1392 flats) and Palace Heights (1478 flats).