HDIL wants money, owners want their homes

Over 100 citizens, who had bought high-end apartments developed by HDIL, protest outside the housing body’s office, as they still haven't received possession of their flats

Several owners of high-end residences constructed by the state-run Housing Development & Infrastructure Limited (HDIL) staged a protest outside HDIL’s office in Bandra yesterday after the housing body failed to hand over the possession of
their homes.

The protestors, who had all bought the apartments earlier, are refusing to pay the extra money that the builder is demanding because apparently all home owners have been given larger areas than what they paid for, in the form of flower beds and
balcony spaces.

The harassed homebuyers who gone to court against HDIL, have also written to the nation’s Economic Offence Wing against HDIL. The housing body was supposed to hand over possession to over 100 investors by December 2013 but instead of giving them possession it is now demanding the extra amount.

A senior Police Officer from Nirmal Nagar Police station, present at the spot said, “While they were protesting, one of the security guards at HDIL tried to push them out of the premises. That is when we intervened and tried to make the builder and the home buyers meet and resolve the matter.”

Aejaz Saiyed, one of the homebuyers who was a part of the protest said, “We created no law and order problems. It was only when we saw the chairman of HDIL walking in, that we started with our protest. There is still no solution with the builder demanding extra money.”

>> HDIL says flats are larger than what owners paid for 
>> Possession was due in 2012 but postoned to December 2013 
>> Home buyers have complained to EOW

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  • Ram02-Mar-2014

    It is the case with HDIL majestic tower project as well, this builder is doing business in unethical way and ruining his reputation with his own hand. HDIL CMD and directors should be punished and jailed like Sahara chief is jailed by Honorable Supreme Court. These morons have taken law for granted. Government on other hand just needs money from home buyers in terms of taxes. Stamp duty, regestration, VAT, Service tax , property tax but does not bother about home buyers who pay these taxes.

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