VMRDA to serve notice on builder
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Homebuyers allege non-delivery of flats, violation of other laws
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Homebuyers allege non-delivery of flats, violation of other laws
The Visakhapatnam Metropolitan Region Development Authority (VMRDA) said it would serve a legal notice on YTR Enterprises Limited a real estate builder after receiving complaints from several homebuyers that it has failed to hand over residential flats to them for years.
The YTR Residency Flat Owners Welfare Association, comprising several individuals who had bought flats from the builder, had recently submitted a memorandum seeking legal action against it citing irregularities and violations of law. The association alleged that the builder had sold flats that were mortgaged to VUDA (now VMRDA) and complained about non-completion of the building.