BENGALURU: The Karnataka Real Estate Regulatory Authority (K-RERA) has directed a builder to transfer the land’s khata, BESCOM meters, water meters, corpus fund, balance of escrow account, and render accounts regarding maintenance to authorised association of allottees formed under the laws applicable within 90 days from the date of its order.
The K-RERA, while hearing a petition filed by Yoganandan Jagannathan, one of the flat owners, against Smart Value Homes (Peenya Project) Private Limited and Tata Value Homes Ltd, ordered the respondents to restore the power supply of the DG set to the complainant’s apartment and complete the assured amenities of the project as per the terms of the agreements.
The complainant alleged that the promoter had promised to arrange Cauvery water supply to all flats in the complex. “However, the promoters have not supplied Cauvery water till date, even after the lapse of more than six years from the date of purchase. Further, they have not put in the necessary infrastructure for the supply of Cauvery water like separate pipe lines, as there are only two pipe lines, one for borewell water supply and another for the supply of treated water to the toilet as well as they have not installed overhead tanks for storing Cauvery water. However, they have collected the deposits for supply of Cauvery water to all the flats and did not do any base work. However, they should refund the amount of Rs 14,895 collected as deposit towards Cauvery water connection and supply to the flat with interest at 18 percent per year from October 18, 2017,” the complaint reads.The respondents told K-RERA that the residents’ association for the project had been registered under both the Karnataka Apartment Ownership Act, 1972, and the Karnataka Societies Registration Act, 1960.
“The same has been expressly provided for and mentioned in the Deed of Declaration executed for the project and elections have been conducted under the free and fair manner. The association has taken over the maintenance and facilities management of the project. We do not have any role in the management of the project, except for paying maintenance charges for the unsold flats. The dispute raised by the complainant in relation to disconnection of generator service is between the association and the complainant and it does not relate to us,” the reply from respondents reads.
Meanwhile, Karnataka Home Buyers Forum Convenor Dhananjaya Padmanabhachar welcomed the K-RERA order. “This is one of the landmark orders to protect the interest of home buyers land rights in Karnataka,” said Dhananjaya Padmanabhachar.
