The Forum for Peoples Collective Efforts (FPCE), a pan-India homebuyers body, has requested the Indian housing minister to blacklist builders whose projects are stalled or delayed for more than two years. They have also suggested that concessions and exemptions recommended by the Amitabh Kant Committee should only be applicable to legacy stalled projects.
Forum For People s Collective Efforts (FPCE) President Abhay Upadhyay has written a letter to Union Housing and Urban Affairs Minister Hardeep Singh Puri, expressing concerns on some of the recommendations made by Amitabh Kant-led committee that was constituted to examine the issues related to legacy stalled projects.
Builders whose projects are stalled or delayed for more than two years should be blacklisted and barred from launching new projects in future, FPCE’s president said in a letter to housing and urban affairs minister Hardeep Puri