Emaar Gurgaon Greens residents say builder ignoring upkeep issues – ET RealEstate

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GURUGRAM: Unable to get any relief from the developer on maintenance and related issues, the residents of Emaar Gurgaon Greens in Sector 102 sat on a hunger strike at the entrance gate of the society on Sunday.

Despite raising their concerns with CM window, DTCP and other agencies, none of their issues — structural and forensic audit and reversal of common area maintenance charges — has been addressed, alleged residents.

“We are on a hunger strike to protest against the dictatorship of the builder, who is earning around Rs 50 lakh in the name of management charges without their involvement in managing the society. The buyers have already submitted many memorandums to the deputy commissioner and other senior officials requesting to direct the builder to reduce the Common Area Maintenance (CAM) charges but no action has been taken,” a resident said.

The developer could not be reached for a comment regarding issues raised by the residents.

Not just this, the homebuyers have also approached the district registrar, firms & societies to provide the membership of the society, conduct the RWA elections and handover of the maintenance to the elected body.

The residents said they are already paying very high maintenance charges and the builder forced them to pay two years’ CAM charges in advance at the time of possession. In some cases, the builder even charged extra as GST, they said.

“Even after charging such high common area maintenance fee, the condition of general services in the society is very pathetic. Only one guard has been deployed in two towers and the horticultural maintenance team consists of only four people which is insufficient to take care of the green area of the society,” said Uday Mehra, a resident.



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NCR has about six years of unsold residential inventory – ET RealEstate

NEW DELHI: Builders in the National Capital Region (NCR) are finding it difficult to sell-off their properties. The “age of unsold inventory”, the number of quarters for which the unsold inventory of a market or micro-market has existed there, is 23.5 quarters in NCR, according to a recent report by Knight Frank India.

It is distantly followed by Chennai with age of unsold inventory here being 15.5 quarters and Bengaluru with 15 quarters.

At current situation it will take over one year to exhaust the unsold inventory in NCR. The quarters-to-sell (QTS) inched up from 11.7 quarters in 2019 to 13.8 quarters in 2020. This was mainly because of a dip in sales velocity during the pandemic. A lower QTS indicates a healthier market.

Home sales dipped 50% in overall 2020 to about 21,234 units while in H2 2020 they fell by 31% to 15,788 units. In 2020, Greater Noida accounted for 39% of the total residential sales followed by Gurugram at 29%. Ghaziabad comprised 16% of the residential sales whilst Noida accounted for 14% of the same. The remaining 2% came from Delhi and Faridabad.

In 2020, the weighted average residential prices in NCR corrected by 4% over 2019. In H2 2020, nearly 58% of total sales belonged to the category of ticket sizes greater than Rs 50 lakh. There hasn’t been much divergence in this trend when compared to the H1 2020 or H2
2019 period.

Only 9,824 residential units were launched across NCR in 2020, the lowest in the past 11 years. Due to the lockdown in H1 2020, developers refrained from introducing new residential supply in the market, which caused the annual launches to decline by 57% year-on-year.

NCR has about six years of unsold residential inventory
“New launches are not being preferred as the region is already reeling under substantial unsold inventory and developers prefer to offload existing stock. Though the buyer has started taking decisions, he is still very risk averse at present. A perceptional trust deficit is playing on the buyer psyche, and therefore, developers having a better track record are being considered currently,” said Mudassir Zaidi, executive director (North), Knight Frank India.

Gurugram continued to account for the lion’s share of new launches in 2020. It comprised 47% of the total, followed by Greater Noida at 20%, Ghaziabad at 19%, Noida at 11% and Faridabad at 3%.



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Gurugram: NBCC Green View residents protest over ‘unsafe’ buildings – ET RealEstate

GURUGRAM: Residents of NBCC Green View in Sector 37D staged a protest on Tuesday alleging that the developer has compromised with the quality of construction by using substandard materials. They said the society has witnessed plaster falling, ceilings and terraces collapsing and pillars developing large cracks over the last two years.

Scores of residents, including women and children, gathered in front of the society premises on Tuesday with posters and placards and raised slogans against the developer for selling them flats that are “structurally unstable”.

They demanded that the developer, National Buildings Construction Corporation Ltd (NBCC), buy back the flats sold or construct new buildings by demolishing the existing ones.

G Mohanty, president of NBCC Green View RWA, said: “Things are literally falling apart here. We have tried every means to raise the issue with the developer but they are doing nothing about it. We have invested our hard-earned money here but are forced to live in constant fear of our safety.”

Meanwhile, a senior NBCC official said they are aware about residents’ grievances. “We have taken immediate action and hired IIT-Delhi as a consultant to conduct a detailed analysis of the building structure. There are no issues with regard to stability and structure of the building. We are confident that all the problems will be resolved within 3-4 months,” the official said.

The project was launched by the NBCC in 2012 and the possession of unfinished flats was offered in August 2017 after a delay of two years, residents claimed. At present, more than 125 families are living in the society.

“We make our childen wear helmets while stepping out as portions of the buildings can fall at any point,” Yadvendra Yadav, a resident, said.

Deepak Jain, the RWA treasurer, added: “The quality of construction is so poor that the building may collapse at any moment, particularly in the event of an earthquake of even low intensity.”



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Gurugram civic body to review infrastructure of DLF 1, 2 & 3 – ET RealEstate

GURUGRAM: The takeover process of three DLF phases in the city by the Municipal Corporation of Gurugram (MCG) is finally shaping up, with the civic body speeding up the procedure by deciding to initiate deficiency assessment in these areas.

People living in DLF Phase 1, 2 and 3 have raised several complaints regarding the pending infrastructure work and improper maintenance in these licenced colonies. As a result, the civic body is now planning to review the deficiencies in the three areas, officials said on Sunday.

The state government had directed the director of the town and country planning department to transfer the maintenance responsibility of these colonies to the MCG in February 2019 with the mandate that the civic body will take over the colonies after due verification of the work done by the developer and the deficiencies.

A senior MCG official said a meeting has been scheduled for January 6, in which the ward councillor, the developer, and officials will be present. The aim is to discuss the infrastructure deficiencies related to roads, sewerage, drains and parks.

The official added that the chief engineer of the MCG has been asked to submit an updated status report on the development work in the areas while the developer has been directed to send a senior representative to the meeting.

RS Rathee, councillor of Ward 34, said the residents have been facing difficulties due to infrastructural deficiencies and it could only be resolved after the civic body takes over the colonies.

As per the 2019 order, the other colonies that were part of the MCG takeover include Sushant Lok 1, Palam Vihar, Suncity, South City 1 and 2. While these colonies have already come under the civic body’s purview and development work has started in these areas, DLF phases 1, 2 and 3 are still to be taken over by the corporation.
Gurugram civic body to review infrastructure of DLF 1, 2 & 3In December 2019, DLF had informed the civic body that it would complete the infrastructure work as soon as the blanket ban imposed by the Supreme Court was lifted. The developer also said it was carrying out the maintenance work on water supply, sewerage, horticulture, upkeep, security among others in consultation with the residents’ welfare association (RWA).

The developer had also replied to the complaints of the DLF Phase 3 RWA on the poor condition of a park. DLF had charged preferential location charges (PLCs) from the plot holders. Thereafter, a letter from the MCG joint commissioner (III) said a large number of complaints on water, sewerage, horticulture and sanitation were pouring in owing to the developer not handing over the areas.

In February 2020, DLF submitted a progress report in which it claimed to have completed the pending infrastructure work such as the construction of roads, sewerage network and drainages, laying of water pipelines and development of parks and requested the corporation to send its team for verification.



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