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15 yrs gone homebuyers still awaits for their flats

Launched in 2004, the project is spread across 24 acres on Golf Course Road and has 18 towers as per the building plan. The builder, Parsvnath Developers Ltd, had promised delivery of flats by 2010.

 A set of homebuyers in Parsvnath Exotica are waiting for their flats to be completed and delivered almost 15 years after having paid the booking amount for these. Construction work at the site came to a standstill a few years back, and there is no sign of the project getting completed in the near future.

Launched in 2004 in Gurugram, the project is spread across 24 acres on Golf Course Road and has 18 towers as per the building plan. The builder, Parsvnath Developers Ltd, had promised delivery of flats by 2010. 

Homebuyers alleged that the developer stopped work around five years ago and took almost the entire cost of the flats from them. Out of 18 towers, seven are incomplete and don’t have occupation certificates (OCs).

“We paid the money for booking the flat almost 10 years back. But the infrastructure is still incomplete and the occupation certificate is pending,” said a homebuyer living in one of the towers with an occupation certificate. He also said out of three towers in Phase 2, one tower is barely complete and other two are incomplete. 

Saurav Kedia, another homebuyer, added: “Even after 15 years, the project is yet to be completed. Out of three towers, one has been offered for possession in half-finished form. Parking has not been provided, the water tank leaks, electrical mains are yet to be connected and the power backup is inadequate. Even the lobby looks dismal and desolate and concrete chunks often fall from there.”

Buyer Alok Gupta said he had to face a lot of problems for getting his flat and incurred a large cost to make it habitable. “Till date, there is no completion or occupation certificate for most of the towers. Lack of power backup, unsafe lifts, inadequate security and unreliable water supply are just a few of the issues we are facing. We approached even the town and country planning department, but got no relief,” he said

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