HRERA orders possession, assured returns to Kanpur mother-son in Gurugram project row – World News Network

worldnewsnetwork By worldnewsnetwork

New Delhi [India], September 10 (ANI): A mother-son duo, Raman Suri and Harsh Wardhan Suri, from Kanpur, Uttar Pradesh, have secured relief from the Haryana Real Estate Regulatory Authority (HRERA) in a long-standing dispute over a stalled commercial project on Dwarka Expressway, against a Delhi-based builder.
The buyers were represented by Advocate Sumit Gehlot of Fidelegal Advocates & Solicitors, who successfully argued their case before HRERA and secured favourable directions.
The dispute dates back to November 2012, when the duo was persuaded to invest in retail shops at a proposed commercial complex in Skyline Sector-109, Gurugram, under an “Assured Investment Return Plan.”
Lured by promises of timely delivery and fixed returns, they purchased 10 shops (7 and 3 units) measuring about 5,500 sq. ft. for over ₹1.5 crore, including registration, development, and other charges. Two MoUs signed in April 2013 promised them monthly assured returns of nearly ₹2.87 lakh.
Payments, however, were defaulted on, and during the COVID-19 pandemic, the developer allegedly stopped responding. A site visit in July 2021 revealed no construction activity, and further inquiries confirmed that the project had lacked licenses and statutory approvals since booking.
In December 2022, following directions from Patiala House Court, New Delhi, two FIRs were registered against the developer and its directors for cheating, fraud, and criminal conspiracy.
Around the same period, the company underwent a change in ownership, was rebranded, and relaunched under a new name.
Through Advocate Sumit Gehlot and his legal team, the buyers filed two complaints before HRERA Gurugram in June 2023, seeking possession of the shops along with recovery of assured returns exceeding ₹5.3 crore (till March 2023), plus interest and continuing returns until actual possession.
On July 1, 2025, after hearing arguments presented by Advocate Sumit Gehlot, HRERA reserved its order. The authority has now ruled in favour of the buyers, directing the developer to hand over possession of the 10 shops after obtaining an Occupation Certificate (OC) from the competent authority.
The developer has also been ordered to pay the accrued assured returns within 90 days, along with 9.10% annual interest, and to continue paying until possession is delivered.
HRERA further directed the execution of a Builder-Buyer Agreement (BBA) in line with the original MoUs and warned of strict legal consequences in case of non-compliance. (ANI)

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *