Lucknow: Delay in Possession by the Builder incensed Allottees

Location of Conflict

Vibhuti Khand

Lucknow

Region Classification

Urban

Reason or Cause of Conflict

Township/Real Estate

(

)

Type of Land

Private

Type of Common Land

State

Uttar Pradesh

Sector

Infrastructure

Starting Year

2006

People Affected
by Conflict

2602

Investment Affected (in Crores)

Land Area Affected (in Hectares)

1

Parsvanath Developers launched a multistory housing project in Lucknow's Vibhuti Khand around 2007. The project had almost 500 hundred flats, which all got booked. The builder promised to complete the project by 2010 but even after almost 10 years have passed the construction is still incomplete. Aggrieved allottees are frequenting the builder's office to get the possession, only to be put off. Although the builder claims that the most of the allottees have been given possession but allottees draw a different picture. According to the allottees, the builder has left the flats incomplete quoting the soared market prices of the raw materials and have been asking the families to get the construction finished. The builder also has a few projects running in National Capital Region (NCR). In a similar case related to a project by the same builder, the supreme court directed the builder to return the full money taken from the allottees. The allottees of Lucknow project are also thinking of exploring their legal options.

Total investment involved (in Crores):

Type of investment:

Government Bodies Involved in the Conflict:

Lucknow Development Authority

Other Parties Involved in the Conflict:

Parsvnath Planet Association

Corporate Parties Involved in the Conflict:

Parsvnath Builders

Has the Conflict Ended?

When did it end?

Why did the conflict end?

Resources Related to Conflict

No items found.