Homebuyers in Ghaziabad protest against Mahagun Group over delay

Nearly 200 people, who had bought apartments in the Mahagun Puram Phase II project at NH 24, Ghaziabad, staged a protest against builders over the inordinate delay in giving possession of the flats, on Saturday.

Reportedly, the Mahagun Group has already collected 100 per cent of cost from most of the buyers, while 95 per cent cost from rest of the buyers. The booking of flats had started as early as 2010, and the possession was to be given by September, 2013. Then in April this year, builders promised that they will complete and hand over one tower, with all the fixtures and fittings, each month, but even by June, nothing has materialised.

“I invested all my savings in a house in 2013. The agreement stated that I will get my house within six months, but I am yet to get possession. Whenever I come here, all I see is cemented structures, with no one working on the buildings,” Naveen Tomar, a homebuyers, said.

“It’s been more than four years. I have been paying monthly installments against the loan I had taken for the flat. But the dream house is nowhere in sight. In addition, I have to pay rent for the house …read more