Property buyer awaits keys to house years after Rs 1.50 crore payment

Making your dream home in Mumbai sure is a tough task especially for Mangesh More who has allegedly paid developer Runwal Homes Private Ltd an amount of R150 crore but is still struggling to secure the keys to his house Directors Subodh Subhash Runwal and Snehal Subodh Runwal of Runwal Homes have been booked under the Maharashtra Ownership of Flats Act MOFA after More lodged a complaint at the Bhandup police station earlier this monthThe complainant has paid the amount in installments to the real estate developer against a flat in Rosewood Tower of Runwal Greens project in Mulund but he is yet to get the possession which he was promised in 2014The fight for an agreementThe consideration amount cost of flat at the time of booking was R11375000 for the said flat 20 per cent of which R2275000 was paid via two cheques in July and August 2010 We have a receipt of this said More who also received an allotment letter for the property at the timeHowever when he asked Runwal Homes Private Limited to register an agreement in respect of the said flat he was told not to worry since it was merely a procedural part that could be done anytimeOn December 28 2010 we received a letter asking for the next 30 per cent R3412500 of the consideration amount in accordance with the payment schedule against the construction of plinth When questioned over the agreement we were informed via a letter by Runwal Homes that it was mandatory to pay this amount failing which a penal interest will be applicable to it To avoid a row with the influential developer we paid this amount too More said in his complaint letter to the policeHe alleged that the developers deceitful behaviour did not stop here and the demands for installments kept coming through their clandestine letters which further asked for 58 per cent R6597500 of the amount still without any progress on the agreement This was a stark violation of section 4 of the MOFA he alleged Apart from these installments More has also paid the developer an additional amount including maintenance club membership charges etc Following umpteen reminders for registration of the agreement Runwal Homes Private Limited finally signed a registered agreement for sale of property on August 08 2012 The property has not been handed over to More yetMore a professional blackmailerRunwal Greens is an awardwinning project where more than 1300 families currently reside Mangesh Mores flat has been ready with an OC occupancy certificate and we were willing to hand over possession of the flat to him two years ago More has filed similar complaints in the Bombay High Court and Supreme Court and has lost in both these courtsHe is trying to defame us by filing police complaints and going to the press He is a professional blackmailer and has demanded huge sums of money from us He is also trying to instigate other residents of Runwal Greens Such blackmailers must be arrested We are also filing a civil and criminal complaint against him said the legal department of Runwal Homes No arrests have been made in the case so far Senior Inspector of Bhandup police station Ramesh Khade said that investigations are underwayAmount More claims to have paid Runwal HomesRs 11375000 consideration amountRs 900000 for two car park slotsRs 119600 interest amountRs 614000 stamp dutyRs 30000 registration chargesRs 122750 state VATRs 81900 maintenance charges for 18 monthsRs 12285 service tax on maintenanceRs 75000 security deposit for fit out making interior space fit for occupationRs 430986 service tax on flat costRs 3000 legal chargesRs 260000 club membershipRs 651 society share moneyRs 26000 development chargesRs 2500 formation of societyRs 18000 MSEB chargesCatch up on all the latest Crime National International and Hatke news here Also download the new midday Android and iOS apps to get latest updates