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The Hindu
The Hindu
National
K.C. Deepika

Homebuyers in Karnataka on shaky ground as K-RERA yet to build a strong foundation

Ananth (name changed on request) was looking to buy a house in 2014, when he came across an apartment complex on Begur Road which looked like it was nearing completion. Assuming it would be ready in six months or so, he invested over ₹43 lakh and moved in in 2015.

Cut to 2022, and he says, “Of the nine floors, the last floor is still incomplete. The lift does not have a licence and is running on god’s grace. One block, for which the sanctioned plan was given for a residential building, has been converted into a commercial space now. There is no maintenance whatsoever.” Ironically, the project, which was started in 2010, was to be completed in 2012.

Tired of the builder’s indifference, in 2020, the association approached Karnataka Real Estate Regulatory Authority (K-RERA). “We expected a resolution in six months and came to a near judgement last March. Then the judge changed, and the new judge wanted to hear the case again. The builder did not appear in the first hearing, the judge said within a certain deadline, all certificates needed to be presented. That obviously didn’t happen as they did not even have a commencement certificate. After that, everything went silent. No dates were given for our hearings, there was no response to calls, and the chairman met us and said he will get back to us shortly. That was the end of it,” said Mr. Ananth.

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