The Haryana Real Estate Regulatory Authority (HRERA) has taken a significant step towards addressing builder-buyer disputes by announcing the establishment of a dedicated forum. This forum aims to provide a platform for resolving conflicts between developers and homebuyers in Gurugram and other cities within the state. Let’s delve into the details of this initiative and its potential impact on the real estate sector.
Forum for Conflict Resolution:
The decision to set up a forum comes as a response to the rising number of complaints and grievances lodged by homebuyers against builders regarding delayed projects, quality issues, and other concerns. With the establishment of this forum, HRERA intends to streamline the dispute resolution process and expedite the resolution of disputes in a fair and transparent manner.
Key Objectives:
- Efficient Resolution: The primary objective of the forum is to provide an efficient mechanism for resolving builder-buyer disputes, thereby reducing the burden on both parties involved.
- Fairness and Transparency: By ensuring fairness and transparency in the resolution process, HRERA aims to restore confidence among homebuyers and uphold the principles of accountability within the real estate sector.
- Timely Action: Timely resolution of disputes is crucial for ensuring that homebuyers receive the necessary relief and compensation for any grievances they may have faced due to project delays or other issues.
Empowering Homebuyers:
The establishment of this forum signifies HRERA’s commitment to empowering homebuyers and safeguarding their interests in the real estate market. By providing a dedicated platform for resolving disputes, HRERA aims to create a conducive environment for fostering trust and credibility between developers and homebuyers.
How to Avail the Forum:
Homebuyers can avail of the forum’s services by lodging their complaints with HRERA and seeking resolution through the designated dispute resolution mechanism. The forum will function under the guidance and supervision of HRERA authorities, ensuring adherence to regulatory guidelines and legal procedures.
