NCDRC orders attachment of Blue Bell Proptech & Ramprastha Promoters’ assets

NEW DELHI: The National Consumer Disputes Redressal Commission (NCDRC) has ordered attachment of properties of a major builder in the National Capital Region (NCR) for failing to refund nearly Rs 4.8 crore to four flat buyers in a real estate project in Gurugram despite its earlier order of March 19.

The order for attachment of the properties of Ramprastha Promoters and Developers and Blue Bell Proptech Pvt Ltd to recover the amount was issued by a two-member bench headed by Justice Deepa Sharma. The Gurugram administration will now complete the procedure and the commission has set November 12 for the next date of hearing. “Issue warrants of attachment of properties of the judgement debtors for recovery of the decreetal amount for November 12, 2021,” the order said.

A spokesperson of the builder said, “We have not yet received the orders. We will go through the direction and will comply with the order of the commission.”

The NCDRC in its order dated March 19, 2021 had ordered the full refund of the amount paid by the four flat buyers with 9% interest for delay in giving possession of the properties within four weeks. After the builder failed to comply with the order the complainants had approached the NCDRC in June 2021 seeking stern action against the builder.

The flat buyers had booked the properties in the residential project named “RISE” in Sector-37C in Gurugram in 2011 and 2012. The promoters had promised to hand over the flats in September 2015, according to the builder-buyer agreements.

Justice Sharma had turned down the arguments of the builders that the project had got delayed due to Punjab and Haryana high court orders putting a complete ban on the use of the underground water for construction and that the builders were allowed only to use recycled water for construction. She had also ruled that only a four months’ extension due to some unforeseen was permitted and hence the promoters were bound under the said agreement to hand over the possession of the unit by September 2015 extendable to four months.

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https://realty.economictimes.indiatimes.com/news/regulatory/ncdrc-orders-attachment-of-blue-bell-proptech-ramprastha-promoters-assets/85583203

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