Pune Homebuyers of Vertillas Project in Kharadi Stage Protest Against Builder
Sherin Daniel, a lawyer and homebuyer, expressed, 'Arman Kothari is the builder of Vertillas project who has cheated us through this real estate scam.'
PuneReal EstateHomebuyersProtestVertillas ProjectReal Estate PuneJan 25, 2025
The homebuyers, who have been waiting for years to see their dream homes become a reality, claim that the project has faced multiple delays and significant issues, leading to a growing sense of frustration and betrayal.
Sherin Daniel, a lawyer and one of the aggrieved homebuyers, strongly expressed his dissatisfaction.
'Arman Kothari, the builder of the Vertillas project, has cheated us through this real estate scam.
We have been paying EMIs for years, and still, there's no sign of our homes being completed,' he said.
The delaying tactics and lack of transparency from the builder have only added to the homebuyers' woes.
The Vertillas project, initially promised to be completed by 2018, has seen several deadlines being pushed back.
Homebuyers have alleged that the builder has misappropriated funds and failed to provide regular updates on the project’s progress.
The lack of accountability and communication from Kothari has only heightened the tension among the homebuyers.
février 2023, the group of homebuyers decided to take matters into their own hands and organize a protest.
They gathered outside the builder’s office in Kharadi, holding placards and shouting slogans demanding justice and the completion of their homes.
The protest was peaceful, but the homebuyers made it clear that they would not back down until their demands were met.
Arman Kothari, the builder, has so far remained tight-lipped about the allegations and the ongoing protest.
However, sources close to the project suggest that the builder is currently facing financial difficulties, which might be one of the reasons for the delays.
Despite this, the homebuyers are not willing to accept any more excuses and are demanding immediate action.
The local authorities have been made aware of the situation, and the police are monitoring the protest to ensure it remains peaceful.
The homebuyers have also filed multiple complaints with the Real Estate Regulatory Authority (RERA) and other relevant bodies, hoping to expedite the resolution of their grievances.
The Vertillas project is not the first to face such issues in Pune.
The city has seen a number of housing projects face significant delays and financial discrepancies, leading to widespread dissatisfaction among homebuyers.
This has raised concerns about the need for stricter regulations and better oversight in the real estate sector.
One of the homebuyers, Rajesh Sharma, shared his frustration.
'We have invested our life savings into this project, and now we are left in the lurch.
We are not asking for anything extraordinary; we just want our homes to be completed as per the agreement,' he said.
The homebuyers are now looking to the authorities to intervene and ensure that the builder fulfills his obligations.
They have also reached out to local media to highlight their plight and draw public attention to the issue.
In light of the ongoing protest, the builder has been urged to come forward and address the concerns of the homebuyers.
The hope is that a dialogue can be initiated to find a mutually acceptable solution and bring the long-awaited relief to the homebuyers of the Vertillas project.
Sherin Daniel added, 'We are not just fighting for our homes; we are fighting for the rights of all homebuyers who have been wronged by unscrupulous builders.
We will not rest until justice is served.'
Frequently Asked Questions
Who is the builder of the Vertillas project in Kharadi, Pune?
The builder of the Vertillas project in Kharadi, Pune, is Arman Kothari.
What are the main issues faced by the homebuyers of the Vertillas project?
The main issues faced by the homebuyers include significant delays in project completion, alleged misappropriation of funds, and lack of transparency and communication from the builder.
When was the Vertillas project initially supposed to be completed?
The Vertillas project was initially supposed to be completed by 2018.
What actions have the homebuyers taken to address their grievances?
The homebuyers have organized peaceful protests, filed complaints with RERA and other authorities, and reached out to the media to highlight their issues.
What role are the local authorities playing in this situation?
The local authorities and police are monitoring the protest to ensure it remains peaceful, and the homebuyers have filed complaints with the Real Estate Regulatory Authority (RERA) and other relevant bodies to expedite resolution.
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