Dedicated locality research platform

FIR filed against Puri Construction for alleged fraudulent practices in Gurugram project

A complaint lodged by a group of eight homebuyers with the Economic Offences Wing (EoW) of Delhi Police has led to the registration of a First Information Report (FIR) against the real estate developer Puri Construction. The homebuyers allege that the developer engaged in fraudulent practices, misrepresenting details about luxurious flats in the 'Emerald Bay' group housing complex located in Sector 104, Gurugram, Haryana. The builder, however, vehemently denies these allegations and claims ulterior motives behind the complaint.

The homebuyers assert that Puri Construction misled them during the sale of these upscale flats back in early 2013. The project was set to feature nine multi-storied towers with amenities such as a state-of-the-art gym, floodlit sports courts, meditation rooms, swimming pools, and more. Additionally, the development was promised to offer scenic landscapes equivalent to a seven-star hotel.

Despite these enticing promises, the homebuyers argue that upon visiting the completed project, they were shocked to find discrepancies between the representations and the actual outcome. Some flats, which were purported to have scenic views, instead faced a functional crematorium. The FIR alleges that the builder failed to deliver on basic amenities and quality of construction, rendering the flats uninhabitable even after ten years.

In response, Puri Construction refutes these claims, highlighting that the project, which obtained an occupation certificate in 2018, currently accommodates over 350 families. The company suggests that the complaint holds ulterior motives, with some complainants having executed conveyance deeds in their favour.

The discontent of the homebuyers extends to the project timeline. They contend that the builder initially promised to deliver the flats within 36 months but changed the commitment to 48 months after collecting the booking amount. Furthermore, the builder-buyer agreement (BBA) was signed after a significant portion of the payment had already been made, allowing the builder to unilaterally extend the completion date.

The complainants also claim that the builder manipulated the building plan and misrepresented common facilities as 'Future Expansion,' effectively reducing the original project area from 17 acres to 11 acres. They assert that the licenses for construction were issued in the name of other entities, raising concerns about Puri Construction's authority to develop and market the project.

The complaint further alleges that the developer had falsely claimed that the project was free from encumbrances, while later revelations showed that charge and substantial finances had been availed on the project by Puri Construction and Florentine Estates. Puri Construction denies these allegations, stating that there are no loans on the land or projects.

As the investigation unfolds, the dispute between Puri Construction and the homebuyers underscores the challenges and complexities within the real estate sector, emphasizing the importance of transparency and adherence to promises during property transactions.

 

© Propscience.com. All Rights Reserved.