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16
August 2017
The
government on Wednesday said it has full sympathy for those who have booked
flats with housing promoters and it is their right to get the houses for which
they have paid money.
When
asked in this regard at a media briefing after the cabinet meeting, Finance
Minister Arun Jaitley said: "Those who have bought flats and have invested
money should get their flats. It is their right. Our full sympathies are with
them." The Total Investment &
Insurance Solutions
As far
as the cases of insolvency of the builder were concerned, the minister said
there was a provision of law for this also. The Total Investment & Insurance Solutions
"Those
cases which have gone for insolvency, there is a provision of law regarding how
during insolvency a company can do business. Those aggrieved have also remedies
in that law, as they are also covered under the law. If any such move comes,
the government's sympathies will be with buyers," Jaitley said. The Total Investment & Insurance
Solutions
A large
number of home buyers of Jaypee, Amrapali and some other projects have hit the
street and are holding hunger strike protests in Noida outside the corporate
offices of their builders for the last four days. The Total Investment & Insurance Solutions
The
buyers have not got the possession of their flats, payment for which was made
by them way back in 2010.The Total
Investment & Insurance Solutions
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