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H-RERA issues arrest warrants against 20 developers amid compensation delays

Synopsis

The Haryana Real Estate Regulatory Authority (H-RERA) has issued 207 arrest warrants against 20 developers for failing to compensate homebuyers affected by delays in flat deliveries. Despite these orders, police have not enforced them, prompting H-RERA to approach the Punjab and Haryana High Court. Contempt proceedings are now underway in three cases against police due to this inaction. H-RERA's adjudicating officer, Rajender Kumar, emphasized the impact on thousands of homebuyers, while affected residents expressed frustration over the system's ineffectiveness in holding developers accountable. DCP Arpit Jain acknowledged the issue, stating that action would follow if court notices are received. H-RERA's appeal to the high court highlights the need for stronger regulatory enforcement to ensure justice for homebuyers and uphold faith in the real estate sector's regulatory framework.

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The Haryana Real Estate Regulatory Authority (H-RERA) has issued 207 arrest warrants against 20 developers based in the city for failing to comply with orders to compensate homebuyers for delays in delivering flats. H-RERA officials indicated that the police had not acted on these orders, prompting the regulator to seek intervention from the Punjab and Haryana High Court. Contempt of court proceedings have been initiated in three cases against the police for their inaction.

Rajender Kumar, the adjudicating officer of H-RERA, mentioned that the warrants were issued between February and September after developers consistently ignored directives. He expressed concern that the lack of police action has exacerbated the difficulties faced by homebuyers, noting that thousands are suffering as a result. In response, DCP headquarters Arpit Jain stated that they had not yet received any court notices but would act accordingly if they did.

A homebuyer, shared his frustration over being unable to move into his apartment since 2018. He remarked on the erosion of faith in the system, stating that despite fulfilling all necessary requirements, developers continue to evade accountability. Another affected homebuyer questioned the effectiveness of government actions when even regulatory measures do not yield results. H-RERA officials expressed hope that approaching the high court would prompt urgent action and compel developers to comply.

The situation underscores the urgent need for effective enforcement of regulations in the real estate sector. As homebuyers continue to suffer from delays and inadequate compensation, H-RERA's actions may serve as a crucial step towards holding developers accountable and restoring faith in the regulatory framework. The High Court's intervention could potentially expedite justice for those impacted.

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