Patna Homebuyers Receive Long-Awaited Refunds Through RERA’s Efforts
Patna: The efforts of Real Estate Regulatory Authority (RERA), Bihar, to ensure refund of money of aggrieved homebuyers have finally started paying dividends. A sum of Rs. 14.23 lakh was recently refunded by an erring promoter to two homebuyers in cases which had been transferred to the Patna district administration for recovery of amount under relevant provisions of Bihar and Orissa Public Demand Recovery Act (PDRA), 1914.
The Act gives wide powers to certificate officers to confiscate the property of erring persons and also to issue warrants against them.
The fact came to the fore on Friday during a meeting convened by RERA Bihar Chairman Vivek Kumar Singh in which officials of the district administration dealing with those PDRA cases that have been transferred by the Authority took part. The purpose of convening the meeting was speedy disposal of cases PDRA cases having been referred to the district administration by the Authority. Most of such cases are those in which the erring promoters have failed to refund the money of aggrieved homebuyers.
RERA Bihar Member S D Jha and other senior officials of the Authority also took part in the meeting.
Sharing details, Patna district special officer rationing Manoranjan Kumar said: “While a sum of Rs. 7.38 lakh was refunded by Aryavart Lifespaces Private Limited to Kiran Sharma, the same promoter refunded Rs. 6.85 lakh to Sudhir Sharma. Both the homebuyers have informed that they have got the refund and hence the cases have been disposed of accordingly.”
After briefing participants about the main purpose of convening the meeting, RERA Bihar Chairman said that the Authority also wanted to develop a system using which monitoring of PDRA cases could be done at its end and figures could be arrived at regarding recovered amount, issuance of warrants etc.
It was decided that an app would be developed for this work and district administration personnel engaged in entering the case progress report would provide the related data online. “We stand for recovering the money of aggrieved homebuyers and regular tracking of cases would help in meeting the goal,” Sri Singh said.
During the meeting the special officer rationing also informed that the process to auction of about 27th kattha of land of Agrani Homes Pvt Ltd too was set to commence after June 15 and it would be done using the e-proc platform to ensure complete transparency in the bidding process.
The land of Agrani Homes Pvt Ltd, located in Dhawalpura locality of Patna, had been confiscated by RERA Bihar and after completing all the formalities the piece of land was handed over to the district administration for its auctioning.
“The proceeds of auctioned land would be distributed among aggrieved homebuyers,” said the RERA Bihar Chairman.
He also announced that the Authority was also working on a proposal to have its own certificate officer for disposing of PDR cases at a faster pace.
The Authority, at present, refer these cases to the district administration and so far about 800 such cases have been referred.
