Forensic audit of allotment of plots or flats by builders be made compulsory

Kashmir Times. Dated: 10/9/2019 1:15:27 AM

Dear Editor,
There are reports that some developers and builders having booked plots or flats with an assurance of draw of lots for allotment, have adopted unfair practice in such draw of lots whereby they manage unfair draw of lots to allot premium plots and flats to influential or by getting extra premium under-the-table. It is definitely cheating for others having booked plots and flats under assurance that draw of lots would be fair. There have been instances where left-out ones are being offered plots and flats where even land-acquisition is doubtful or under controversy.
On being queried, they force return of money with nominal simple interest on amounts given to them decades back. However they are compelled to compromise on desired compounded interest-rate when they are pulled to courts and even got arrested by those who are cheated. Rule should be that rest others cancelling plots or flats may be compulsorily given amount on terms where maximum benefit might have been given to some ones who drag these developers and builders to courts after being arrested.
—Subhash Chandra Agrawal,
1775 Kucha Lattushah
Dariba, Chandni Chowk Delhi.

 

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