Andhra Pradesh RERA imposes penalty on GCON Urban builders for violating norms, ET RealEstate

September 30, 2023

VISAKHAPATNAM: The AP Real Estate Regulatory Authority (RERA) has imposed a penalty of Rs 42,000 on GCON Urban builders (real-estate developer) in Visakhapatnam for violating norms.

Chetti Satya Venkata Jagan Kumar Raja (Jagan) mentioned that his mother Chetti Lakshmi Bhai (62), a widow of an Army Officer, filed a petition against Gottumukkala Satyanarayana Raju and Gottumukkala Siva Ram of GCON Urban builders for selling the flat with less carpet area than the promised area.

Jagan has purchased one residential duplex flat in Bay Ridge project of GCON Urban builders in Vizag city from Satayanarayana Raju and Sivaram in October 2018. As per the registered sale deed document, the overall area of the flat is around 2,884 sq ft, including the carpet area (net usable area) of 1,997 sft. But as per the revised area statement issued by GVMC, it is found to be 1,825.5 sft, and admittedly, there is a difference of 172 sft in carpet area.

For violating the provision of the RERA Act the authority has directed the GCON Urban builders to refund the amount charged for the excess area of the flat and to execute necessary deeds in favour of the complainant. The authority has decided to impose a penalty of Rs 42,000 on the GCON Urban builders.

Sub-inspector of Three-Town police station, S Santosh Kumar, said that they have registered a cheating case against GCON Builder under Sections 420 and 506 r/w 34 of IPC following the complaint from Chetti Lakshmi Bhai. The investigation is under process and waiting for some more letters from GVMC for further proceedings, he added.

  • Published On Sep 30, 2023 at 05:00 PM IST

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