Home buyers’ All India Organization Forum for People’s Collective Efforts appeals to PMO
The Prime Minister’s Office has been requested to conduct a forensic audit of all housing projects delayed by more than three years across the country. The Home Buyers’ All India Organization Forum for People’s Collective Efforts (FPCE) has made this demand based on the Supreme Court’s decision of Halle in the Amrapali Group case.
The Supreme Court, in a decision related to the Amrapali Group, directed the government to resolve the problems of home buyers related to delayed delivery within a stipulated period. The court’s direction was general, but the FPCE has used it for the purpose of giving specific suggestions to the government to overcome the difficulties of home buyers.
In a letter to the Prime Minister’s Office, the FPCE said, “In cases where forensic audit was ordered, including Amrapali, large scale disturbances and fund diversions have been found. For this reason, it is necessary to order a forensic audit for all housing projects delayed by more than three years. According to the forensic audit report action should be taken against the auditors and other persons who failed in their responsibility or colluded with the builders. ‘
The FPCE has suggested setting up a separate cell in the Ministry of Housing to deal with cases of delayed housing projects across the country. The FPCE states that this cell can coordinate with all stakeholders including state governments, builders, authorities, banks and home buyers.
The Supreme Court, in a decision related to the Amrapali Group, directed the government to resolve the problems of home buyers related to delayed delivery within a stipulated period. The court’s direction was general, but the FPCE has used it for the purpose of giving specific suggestions to the government to overcome the difficulties of home buyers.
In addition, a task force has been suggested to identify such projects which can be completed soon. The task force will include home buyers, ministries, state governments, representatives of financial institutions, dignitaries and industry experts.
The task force will identify the banks and their officials who have helped them in collusion with the fund, along with the builders.
FPCE President Abhay Upadhyay told ET, “We hope that the government will consider our suggestions seriously for the real estate sector to return long-term profits and the confidence of home buyers.”
This letter has also been sent by the FPCE to the Chief Ministers of all the states. The issue of non-implementation of RERA orders has also been raised. The FPCE states that some states have weakened RERA rules and this is helping builders to make mistakes.
