| 24-Nov-2022 |
PENDING |
The case is fixed for today for pronouncement of orders.However, the counsel for the respondent states
at bar that the respondent promoter has filed a CWP No.26740 of 2022 before the
Hon’ble Punjab and Haryana High Court wherein the Hon’ble High Court has passed
the interim order staying taking of any coercive action in the matter of
assured return and seeks a short adjournment for filing copy of the said order.
In view of the above, the case is adjourned
and shall come up on 13.12.2022
for pronouncement of order, if no
stay order of Punjab and Haryana High Court is supplied to the authority as
well as to the complainant. |
VIJAY KUMAR GOYAL ASHOK SANGWAN SANJEEV KUMAR ARORA |
View Order |
28-Nov-2022 |
| 11-Oct-2022 |
PENDING |
The present complaint has been received on 15.03.2022 and the reply was
received on 13.07.2022. Succinct facts of the case are as under:
S.no.
Particulars
Details
1.
Name of the project
Vatika Inxt City
Center at Sector 83, Gurugram, Haryana
2.
Allotment letter
18.08.2012 (annexure
A, page 30 of complaint)
3.
Date of
builder buyer agreement
29.08.2012
(page 32 of complaint)
4.
Unit no.
151-A, tower D
admeasuring 500 sq.ft. (annexure A, page 30 of complaint)
5.
New unit no.
525, 5th
floor, block C (annexure C, page 54 of complaint)
7.
Provision regarding
assured return
Clause 12. Assured Return and Leasing
Arrangement
Since
the Buyer has paid the full basic sale consideration for the said commercial
unit upon signing of this agreement and has also requested for putting the
same on lease in combination with other adjoining units/spaces of other
owners after the said Building is ready for occupation and use, the Developer
has agreed to pay Rs. 65/- per sq.ft. super area of the said commercial unit
per month by way of assured return to the Buyer from the date of execution of
this agreement till the completion of construction of the said Building. The
buyer hereby gives full authority and powers to the Developer to put the said
Commercial Unit in combination with other adjoining commercial units of other
owners, on lease, for and on behalf of the Buyer, as and when the said Building/said
commercial Unit is ready and fit for occupation. The buyer has clearly
understood the general risks involved in giving any premises on lease to
third parties and has undertaken to
bear the said risks exclusively without any liability whatsoever on the part
of the Developer or the confirm party. It is further agreed that:
i.
The Developer will pay to the Buyers Rs. 65/- per sq.ft. super area of the
said commercial unit as committed return for upto three years from the date
of completion of construction of the said building or till the said
commercial unit is put on lease, whichever is earlier. After the said
commercial unit is put on lease in the above manner, then payment of the
aforesaid committed return will come to an end and the Buyer will start
receiving lease rental in respect of the said commercial unit in accordance
with the lease document as may be executed and as described hereinafter.
ii………
iii……….
iv………
v.
The developer expects to lease out the said commercial unit (individually or in
combination with other adjoining units) at a minimum lease rental of Rs. 65/-
per sq.ft. super area per month for the first term (of whatsoever period). If
on account of any reason the lease rent achieved in respect of the first term
of the lease is less than the aforesaid Rs. 65/- per sq.ft. super area per
month, then the Developer shall pay to Buyer a oner time compensation
calculated at the rate of @Rs. 120/- per sq.ft. super area for everyone rupee
drop in the lease rental below Rs. 65/- per sq.ft. super area per month. This
provision shall not apply in case of second and subsequent leases/lease terms
of the said Commercial unit.
vi.
However, if the lease rental in respect of the aforesaid first term of the
lease exceeds the aforesaid minimum lease rental of Rs. 65/- per sq.ft. super
area, then, the buyer shall pay to the Developer additional basic sale
consideration calculated at RS. 60/- per sq.ft. super area of the said
commercial unit for every one rupee increase in the lease rental over and
above the said minimum lease rental of Rs. 65/- per sq.ft. super area per
month. This provision is confined only to the first term of the lease and
shall not be applicable in case of second and subsequent leases/lease terms
of the said commercial unit
8.
Due date of possession
29.08.2015
*Note: Possession
clause is not given in file. So, taken from another file of the same project
9.
Total sale
consideration
Rs. 22,50,000/- as per
clause 1 of the agreement (page 34 of complaint)
10.
Paid up amount
Rs. 23,19,525/- as per
clause 1 of the agreement (page 34 of complaint)
11.
Offer of possession
Not offered
12.
Occupation certificate
Not obtained
13.
Assured return
amount paid by the respondent till 30.09.2018
Rs.23,87,014/-
(annexure R2, page 39 of reply)
The counsel for the
respondent states that in another matter titled as Vinod Agarwal versus Vatika,
a relief was granted on the same grounds
and the same has been challenged before the Tribunal and the stay has been
granted in that matter. The question
before the Tribunal is whether the assured return issues fall within the
jurisdiction of RERA due to the coming of the BUDS Act, 2019.
The AR of the respondent
company also states that in case before the Civil Court, Gurugram in case
titled as Naresh Parshad versus Vatika Ltd.
vide order dated 22.05.2022, the
Hon’ble Civil Court has observed that
after passing of the BUDS Act, the
developer is not liable to pay assured return.
A reference is also made to an order
of J&K High Court in favour of his argument.
The counsel for the
complainant states that the stay order
of the Tribunal in the above matter is
qua the specific case and not in general.
He further states that this authority has passed a detailed order in the
case of “Madhushree Khetan versus Vatika Limited in CR No.1239 of 2021 where
this issue has been finally decided at the level of the Authority on 04.02.2022
and relief is being sought by the complainant on similar grounds.
Arguments heard.
Both the counsels may
file written arguments within a period of one week if they wish to do so.
Order reserved.
Matter to come up on
24.11.2022 for pronouncement of orders. |
K K KHANDELWAL VIJAY KUMAR GOYAL |
View Order |
15-Oct-2022 |
| 05-Jul-2022 |
FIRST HEARING |
The present complaint was
filed on 15.03.2022 and registered as complaint No. 1088 of 2022.
As per the registry, complainant has sent copy of complaint along with
annexures through speed post as well as through email and proof regarding
having the delivery of the complaint along with annexures made to the
respondent has been submitted by the complainant as available in the file. The registry of the authority sent a notice
with a copy of the complaint along with annexures through speed post of which
delivery confirmed on 28.03.2022 as per the tracking report of the speed
post available in the file. Registry has
also sent the notice along with a copy of the complaint through email at
following email address: vatika.rera@vatikagroup.com, info@vatikagroup.com
and the same are shown to have been delivered on the above email address as per
the report available in the file. It is
proper service of the notice.
Written reply has not been filed by the
respondent. Counsel for the respondent requests for a short adjournment for
filing of the reply which otherwise is ready and a copy is being served today
to the counsel for the complainant and thereafter shall be filed in the
registry of the authority within 3 days.
Respondent is directed to file
reply within one week positively after
serving a copy to the counsel for the complainant i.e. by 12.07.2022 in the
registry with a copy to the complainant. Last opportunity is being granted. In
case reply is not filed within the time allowed, a cost of Rs.5,000/- shall be imposed upon
the respondent and defence of the respondent may also be struck off.
The matter to
come up on 11.10.2022 for further proceedings. |
K K KHANDELWAL VIJAY KUMAR GOYAL |
View Order |
08-Jul-2022 |