A panel in Gurugram has lifted the ban on property registrations owned by Chintels India, which is expected to expedite the compensation process for owners of towers D, E, and F of Chintels Paradiso. Chintels India had claimed that the ban had severely affected its cash flow, making it difficult to pay rent to families that had relocated. The panel has directed residents of towers E and F to vacate immediately, deeming the structures unfit for living. Some residents have requested that property registrations be allowed only after the developer has collected the necessary funds for compensation and rent payment.
The ban on property registrations owned by Chintels India has been lifted by a panel in Gurugram, which is likely to
speed up the compensation process for owners of towers D, E, and F of Chintels Paradiso. The ban was imposed after
two residents were killed in a cave-in of five flats at Paradiso in February 2020. The developer had claimed that the
ban had completely dried up its cash flow, making it impossible to pay rent for families that had relocated, costing
over Rs 20 lakh every month.
Chintels India had recently given what it claimed was a "final offer" to residents of these three towers to opt for
compensation or get their flats repaired or rebuilt. The panel directed officials that residents of towers E and F of the
society vacate the premises immediately, as the structures are unfit for living. The developer's spokesperson expressed
gratitude to the authorities for lifting the ban and said that the company can now fulfil its commitments of the buyback
offer.
Chintels India is a real estate developer that has several ongoing projects in Gurugram, including Chintels Paradiso,
Chintels Serenity, Chintels Corporate Park, Sobha City, International City, and ATS Kocoon.
Following the ban, the developer claimed that it was facing a fund crunch as it had to pay rentals to the affected flat
owners of Sector 109 society for several months. In a letter to Yadav, the developer had stated that the freeze on the
registration of its properties was unfair and was affecting its ability to make any definite financial commitments.
The lifting of the ban on property registrations owned by Chintels India is likely to speed up the compensation process
for the affected flat owners of towers D, E, and F of Chintels Paradiso. The panel constituted to discuss issues
pertaining to these three buildings has revoked the ban, which will enable the developer to register the properties and
fulfil its commitments.
However, the panel has directed officials that residents of towers E and F of the society vacate the premises
immediately as the structures are unfit for living. The panel chairman also directed the district town planner
(enforcement) to pass a work order for the valuation of interiors of flats in these two towers.
Meanwhile, some residents have urged the authorities to allow registries only until the developer collects the amount
required to pay compensation and rent to the affected flat owners.
It is possible that the flat owners may have concerns about the safety and stability of the building after the cave-in
incident, and they may feel that paying for the rebuilding process on their own could be risky and may not provide
adequate assurances of safety.
The safety standards that the building should meet depend on various factors such as the location of the building, the
type of construction, the number of floors, and the occupancy status. In India, the National Building Code (NBC)
provides guidelines and standards for the construction of buildings and structures to ensure their safety and stability.
The guidelines cover various aspects such as structural safety, fire safety, electrical safety, plumbing, and sanitation,
among others.
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