Today: Apr 15, 2025

Buyers seek government’s help to resume work on stalled housing project in Gurugram, ET RealEstate

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1 day ago


<p>representative image</p>
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GURUGRAM: Scores of homebuyers of Mahira Homes staged a protest at Jantar Mantar on Sunday, demanding intervention by the central govt to resume construction of their long-stalled housing project in Sector 68. More than 1400 homebuyers invested in 2017 with the hope of getting affordable homes. But seven years later, what they are left with is a skeletal structure, mounting EMIs, and rent payments — but no homes.

According to them, most had invested their entire life’s earnings into these houses, with 95%-100% of the payment already made to the developer. Despite the promise of receiving their flats in 2022, construction work completely halted. Spread across 10 acres of land, the project was to be delivered by Aug 2022, but it has been mired with ongoing issues.

In 2022, DTCP revoked the developer’s license, citing forgery and document irregularities. The situation worsened when a financial audit revealed that the developer syphoned off funds from the project’s escrow account. Haryana RERA eventually cancelled the project’s registration in April 2024. Buyers say they approached every authority — from DTCP and RERA to local MLAs and even the courts — but so far the issue has not been resolved. Last year, the Enforcement Directorate (ED) arrested the Managing Director of Mahira Group, Sikander Chhoker, who was granted bail by the Punjab and Haryana High Court in Feb this year.Despite a techno-feasibility report by NBCC suggesting ways to complete the project, including imposing an additional Rs 5–10 lakh burden on each buyer, they flatly rejected the idea.

  • Published On Apr 14, 2025 at 08:53 AM IST

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