The directive came in K-RERA’s interim order on November 3, while hearing a complaint filed by a site allottee seeking relief of interest on the delay period and direction to the promoter to complete the project.
If the project is delayed, stalled, or abandoned, the RWA can approach RERA to take it over. Only an association registered as a cooperative society can make such a takeover, explained the Authority.
A homebuyer found that a project developed by listed developer Puravankara Ltd was under litigation only after paying a booking amount of Rs 5 lakh. He sought a refund and received it after a delay
KRERA said most of the documents, including the building plan and BDA modified plan of Provident Park Square 5 expired in 2018 as the developer failed to obtain a commencement certificate before that.