UP RERA has settled the disputes worth Rs.345 crore of property through the NCR Conciliation Forum in amicable settlements. The disputes were mostly relating to the delay in the registered sales deed and possession of the units to the allottees, allotment of car parking slots, complains related to power back up, delay in possession and many others.
During this term, many of the disputes were received from the allottees of Gautam Buddha Nagar, Ghaziabad, Meerut and Bulandshahar R.D. Paliwal, Conciliator, Uttar Pradesh RERA said, “The Conciliation Forum is the easiest way to resolve the grievances of the home buyers under which the resolution is sought to be arrived at by bringing the promoter and the consumer together on one platform and after detailed discussion and negotiation between the parties in presence of the representatives of both the association of the allottees and the promoters and moderation by the conciliator. The entire model is turning to be a preferred time-saving disputes resolution process by both the consumers and promoters”.