Hindustan Times (Delhi)

First batch of Jaypee buyers finally get possession letters

- HT Correspond­ent htreporter­s@hindustant­imes.com

was an atmosphere of joy at the office of Jaypee Infratech in Sector 128 on Saturday, as homebuyers gathered to receive possession letters for their flats at Jaypee’s Green Aman.

As many as 200 people received the possession letters on Saturday, with the disbursal process to continue in the coming days.

On Saturday, the process began around 10:30am and around 20 homebuyers received letters from Jaypee Group’s managing director Manoj Gaur and National Company Law Tribunal-appointed interim resolution profession­al, Anuj Jain.

While most of the buyers were happy, some expressed resentment against ann extra super area charges that had been levied by Jaypee Infratech. According to them, they were supposed to get possession of their flats in 2013 as they had booked the flats in 2010. Now they were saddled with an extra super area charge.

Homebuyers said that would have to pay extra money as the super area had been increased to 1320 square feet, from the earlier 1200 square feet.

“According to the agreement, Jaypee had to pay a penalty of Rs 5 per square feet to flat owners, if possession is delayed. I know the money would be adjusted in the final cost, but we still have to pay extra for now,” said Lesly Jacob , a homebuyer.

An official from Jaypee Infratech said, “There are 671 owners who will take possession letters from us for five towers (N2-N6) at Jaypee Green Aman in Sector 151. Around 200 have been given the letters today (Saturday). The registrati­on and the final settlement will take 45 days after obtaining the possession letters.”

The official also said that the super area is actually 1347 square feet, but they have given rebate.

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 ?? VIRENDRA GOSAIN/HT PHOTO ?? As many as 200 people received the possession letters for flats at Jaypee’s Green Aman on Saturday.
VIRENDRA GOSAIN/HT PHOTO As many as 200 people received the possession letters for flats at Jaypee’s Green Aman on Saturday.

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