Friday, Mar 29 2024 | Time 18:51 Hrs(IST)
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States » North


HRERA initiates action against builders for various defaults

Chandigarh, Oct 28 (UNI) In the judgments pronounced by Dr. K.K. Khandelwal, Chairman, HARERA, Gurugram in cases against various developers, the authority has maintained its continuous efforts to regulate the real estate sector by keeping a strict vigil upon the promoters indulged in several malpractices and mischiefs, besides punishing them rigorously, so as to achieve the aim of a standardized real estate sector which shall work in a transparent and an efficient manner.
The bench headed by Dr. K.K. Khandelwal, Chairman and Mr. S.C. Kush, Member of the Haryana Real Estate Regulatory Authority, Gurugram on October 27, 2020 has taken strict actions against various promoters in the wake of complaints preferred by a number of allottees.
In execution proceedings against M/s CHD Developers, M/s Ireo Pvt. Ltd., M/s Landmark Apartments Pvt. Ltd., M/s Siddhartha Buildhome Pvt. Ltd., M/s Vatika Ltd., M/s Tashee Land Developers Pvt. Ltd. and M/s Tulsiani Constructions and Developers Pvt. Ltd, the Authority has ordered to attach the bank accounts to the extent of decretal amount of Rs. 7 crores, along with the movable properties of the Directors.
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