[ad_1]
And there’s nonetheless no hope for the house consumers to get their dream house or get well their life time financial savings.
On that fateful day, the underneath building house, now what is called the Moulivakkam constructing collapse case, got here down crashing, killing 61 individuals and injuring a number of, bodily in addition to financially.
“There are individuals who have invested their retirement cash. We had invested our financial savings. Now we’ve to begin from the scratch to personal a house,” Ratna Mishra, a Human Assets govt in a non-public firm and the President of the Moulivakkam Belief Heights Flat Patrons Affiliation, informed IANS.
“With the collapse of the constructing, our goals of getting our house weren’t solely shattered but additionally resulted in a nightmare about our future and the maze of authorized proceedings,” Mishra added.
She had purchased an house with an funding of about Rs 40 lakhs saved over 20 years; but it surely all come down crumbling like a home of playing cards.
Equally, Ok.S. Kannan, a Qatar returnee, was ready for his house after paying Rs 37 lakhs.
The builder had promised the consumers possession in six months when the constructing got here crashing down.
“Our lives have modified after that. It is kind of hand to mouth dwelling with the curiosity from remaining mounted deposits. I’m now 52 and never in a position to get a job,” Kannan informed IANS.
Kannan stated he and his household had stopped taking healthcare insurance coverage as they might not afford it.
The house mission was developed by the Madurai-based Prime Sristi Housing Pvt. Ltd. promoted by an Indian Financial institution worker turned builder, Manoharan.
The housing mission, Prime Belief Heights, consisted of 84 residences in two towers of 11 flooring.
On June 28, 2014 one tower got here down. Later, the Supreme Court docket ordered the demolition of the second tower because it grew to become structurally weak owing to the collapse of 1 tower.
In keeping with Mishra, out of 84 residences, 76 had been offered and the stability was with the developer.
For a lot of house consumers in that ill-fated mission, it took greater than a yr to come back out of the trauma of dropping their hard-earned cash.
Recalling the formation of the affiliation of the unlucky house consumers, Mishra stated: “Initially we did not know who the consumers had been. However slowly we acquired in contact. The primary assembly of the affiliation members was held in a metropolis mall.”
The affiliation has 55 members with some deciding to remain out of frustration at their destiny, she added.
The Tamil Nadu (NS:) authorities arrange a one-man fee to enter the causes of the constructing collapse. The Fee had beneficial compensation to the house consumers from the State Catastrophe Aid Fund (SDRF).
Nevertheless, the state authorities rejected that saying that the norms of the SDRF doesn’t permit such funds.
In keeping with Mishra, a grievance couldn’t be filed with the Actual Property Regulatory Authority (RERA) because the constructing got here down effectively earlier than the Authority got here into existence. The constructing mission was past the deadline for submitting a grievance.
The primary authorized setback for the house consumers was the dismissal of their writ petition towards Tamil Nadu authorities claiming compensation.
Later they filed a case towards the developer within the Nationwide Shopper Districts Redressal Fee (NCDRC), New Delhi.
“This was carried out to cut back the authorized process. A call of NCDRC might be appealed towards within the Supreme Court docket solely,a Mishra stated.
In keeping with her, the case didn’t come up for listening to in NCDRC earlier owing to different cases-demolition of the second tower and different filed circumstances and authorized procedures.
She hoped the case would come to a closure this June. Nonetheless, the duty of recovering their sunken funding is herculean process, stated an advocate not eager to be quoted.
The house consumers have paid about Rs.32 crore to the builder as buy value.
“There are possibilities of the builder submitting for insolvency if he was ordered to pay again the quantity collected from the house consumers,” the advocate stated.
Mishra stated the builder has been assuring that he would promote the property and settle our dues however nothing has occurred in that regard.
“Whether or not the builder is de facto concerned with disposing of the 19-ground plot isn’t identified. He might also be eager to make a revenue out of the deal,” one of many consumers informed IANS.
The one possibility is to herald one other developer who can construct the residences for the unique consumers after which make his cash from promoting the remaining residences.
Couple of actual property business officers informed IANS that with the relaxed flooring house index (FSI), a brand new constructing can assemble as much as 150,000 sq ft.
So, a brand new developer can construct greater than 84 residences and take out his funding in redevelopment.
The moot query is whether or not every other personal developer would come into image in any respect.
“There are authorized and nostalgic points concerned referring to this plot. The unlucky consumers can maintain on to their property for some extra years. They’ll exit as soon as the property worth appreciates and the unlucky incident fades away from the folks’s reminiscence. Economics will play a serious function in a optimistic end result,” a high official of a famous builder, not eager to be quoted, informed IANS.
Alternatively, as an alternative of the personal developer, the state authorities via Tamil Nadu Housing Board (TNHB) can take over/purchase the 19-grounds and settle the unlucky flat consumers and develop the property.
“Lots of the house consumers don’t have cash to speculate additional. Already they’re paying month-to-month dues on their loans to the banks and not using a property,” Mishra stated.
The house consumers are hoping that the DMK authorities would give them a daybreak or `Vidiyal’.
As a matter of truth, in 2017, then Chief of the Opposition within the Meeting and the present Chief Minister M.Ok. Stalin had filed a case within the Madras Excessive Court docket for a probe by the Central Bureau of Investigation (CBI (NS:)) into the relaxations in constructing permissions, cost of ample compensation to the house consumers, and recovering the identical from violators of constructing norms.
(Venkatachari Jagannathan might be reached at v.jagannathan@ians.in
–IANS
vj/kvd/ksk/
[ad_2]
Source link
