HARERA Sets Up Mediation Forum
The Haryana Real Estate Regulatory Authority (HARERA), Gurugram, has established a full-fledged mediation forum for amicable conciliation of disputes between the promoters and the allottees. The authority had brought to the forefront a multitude of cases of homebuyers’ dissatisfaction in dealing wit
Published -
Nov 9, 2020 5:32 AM
The Haryana Real Estate Regulatory Authority (HARERA), Gurugram, has established a full-fledged mediation forum for amicable conciliation of disputes between the promoters and the allottees. The authority had brought to the forefront a multitude of cases of homebuyers’ dissatisfaction in dealing with real estate developers and service providers. Delays in delivery of projects, increase in cost during construction, skewed builder-buyer agreement and the absence of an effective enforcement mechanism had increased homebuyers’ agony over the years and subsequently resulted in more complaints brought before the regulator. This has not only increased the pressure on the HARERA, but also on our civil courts, which are already dealing with high pendency of cases. The authority had constituted a panel of mediators equipped with requisite skills to mediate in a dispute related to real estate projects.
Tags : News/Views Gurugram homebuyers RERA HARERA Mediation Builder-Buyer