KRERA pulls up Bengaluru developer for raising premature payment demands without construction proof
India, May 13 -- Karnataka Real Estate Regulatory Authority has pulled up Bengaluru-based developer Casa Grande Garden City Builders Pvt Ltd for raising construction-linked payment demands without supporting them with architect or engineer certificates, ruling that homebuyers cannot be asked to make advance payments based on unverified claims of construction progress. The authority also directed the developer to pay Rs.2 lakh as compensation towards mental agony suffered by the complainant and an additional Rs.2 lakh for raising premature payment demands.
"The respondent has not produced a single iota of evidence before this court to show that he had raised demands as per stage-wise progress supported by Architect/Engineer certificates,"...
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