Lotus Panache Buyers To Drag Builder To Supreme Court

Lotus Panache Buyers To Drag Builder To Supreme Court

Lotus Panache Buyers To Drag Builder To Supreme Court
(Shutterstock)

In January this year, 4,000 homebuyers launched a Twitter campaign — #4000HomelessFamilies — to protest the delay in delivery of homes by construction company 3C. These buyers who invested their money in the Sector 110 project, Lotus Panache, between 2009 and 2010, were promised delivery of their homes in 2012.

The project has 30 towers in total. While nine of the towers have already been built and a thousand units have been handed over, 4,000 investors are awaiting delivery while no construction process is in sight for the pending work.

Before the launch of this campaign, buyers had also demonstrated outside the house of one of the company directors. While about 100 buyers repeating the action in April again, they also spoke of forming a human chain near the Prime Minister’s Office to make their protest.

Now, while their complaints are pending with the Economic Offences Wing and the consumer forum, the Lotus Panache Flat Buyers Association is planning to move the Supreme Court. The apex court is already hearing similar cases, including that of Jaypee, Unitech, Amrapali and Supertech.

“We have organised protests in front of the houses of each of the three directors of the company. We have also filed an FIR earlier this year under Section 420 and 406. We have met the builders several times and have been told that fund was being organised,” Association General-Secretary Sushil Kumar was quoted by media as saying.

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