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11 Cases Of Builder-Buyer Conflict Settled In Up By RERA At Its 6th ‘Conciliation’ Meeting

Courtesy/By: Sharren | 23 Jul 2019

The cases that come to the Conciliation Forum of RERA pertain to possession or compensation-related issues. Since February 2019, the Conciliation Forum (NCR) has heard 47 cases, out of which 26 cases have been successfully resolved, while 14 have been scheduled for hearing in future dates and seven referred back to RERA Court, according to an official statement. During a meeting of the Uttar Pradesh Real Estate Regulatory Authority (RERA) on July 12, 2019, 20 cases, including those of Supertech and Jaiprakash Associates, were selected for hearing at the sixth ‘Conciliation Forum Meeting’ of the National Capital Region. Out of those 20, 16 were heard and four were deferred to a future date, due to time constraints. Amicable solution was reached in 11 cases, after the buyers and builders were brought on the same table to discuss their problems. Mostly the cases that come to the Conciliation Forum of RERA pertain to possession or compensation-related issues. Since February 2019, the Conciliation Forum (NCR) has heard 47 cases, out of which 26 cases have been successfully resolved, while 14 have been scheduled for hearing in future dates and seven referred back to RERA Court, according to an official statement. Thus, out of 16 cases 11 cases were settled today.

Courtesy/By: Sharren | 23 Jul 2019