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Chintels Paradiso case: One more tower of the housing complex in Gurugram declared unsafe for living by safety audit report

No timeline set for Paradiso rebuilding so far: Flat owners, Real Estate News, ET RealEstate

Days after the Supreme Court ordered time-bound reconstruction of flats in Sector 109’s Chintels Paradiso and asked the developer to extend rental support to affected flat owners, residents said the apex court hasn’t given relief from the day the flats were vacated. Also, no reconstruction timeline has been fixed, they claimed. The developer stopped rental support to the affected flat owners from May last year, when it offered two compensation options. Under the buyback offer, it proposed to pay Rs 6,500 per sq ft, along with the actual stamp duty and renovation costs. Under reconstruction offer, it proposed rebuilding and delivering to each flat owner another flat the same size as theirs. RWA president Rakesh Hooda said there was no consideration for residents of other towers of the residential project. “Also, there is no compensation for the harassment and inconvenience for homeowners who have gone through a horrific period. Instead, they face another four to five y

Revise buyback rates for flats: Paradiso buyers at meeting Gurgaon, ET RealEstate

Residents of Chintels Paradiso project in Sector 109 have demanded revision of compensation proposals reopened by the developer. They demanded revision of the rate for buyback offers, saying property rates have gone up in the last one year. For reconstruction of flats, they said they would not pay Rs 1,000 per square foot as demanded by the developer. Also, before starting demolition of towers D,E, F and G as ordered by the district administration, residents have sought a guaranteed bond for safety of towers A, B, C and J from Chintels. The RWA has now decided to write a letter to Chintels India seeking a revised proposal according to their demands. Residents also said the developer should take the district administration’s approval to shift services such as water and electricity from the towers declared unsafe for habitation to open areas of the safe towers. Last week, Chintels reopened the buyback and reconstruction offers for a short time to allow one more opportunity to flat

Chintels Paradiso case: Flat owners demand higher buyback price, reconstruction of flats

Residents say that prices have appreciated in the last one year, and the builder should provide a buyback offer per the market rate. At present, residents do not have a rehabilitation offer on hand as both the offers for reconstruction and buyback have been withdrawn by the builder.

DTCP inspects 22 lifts in society after residents file plaints, ET RealEstate

The department of town and country planning (DTCP) has started a quality check of 22 lifts in Sobha City, Gurgaon after multiple incidents of lifts malfunctioning and failures. Residents have been facing frequent issues related to the lifts and have approached higher authorities for replacement of the lifts for safety and prevention of mishaps. Learn more about the inspection and the response from the developer.

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