Over 130 homebuyers of the Vertillas project in Kharadi, Pune, have taken to the streets to protest against the builder for the significant delay in construction, despite collecting up to 90% of the property value by January 2024.
Pune Real EstateVertillas ProjectHomebuyer ProtestKharadi ConstructionDelayed ConstructionReal Estate MumbaiJan 25, 2025
The Vertillas project is a residential real estate development located in Kharadi, Pune, marketed as a luxurious complex with modern amenities.
Homebuyers are protesting because the construction of the Vertillas project has been significantly delayed, despite the builder collecting up to 90% of the property value by January 2024.
The builder's spokesperson has provided vague responses and promised to address the concerns but has not offered a concrete action plan.
Frustrated homebuyers are approaching consumer courts and filing complaints to seek justice against the builder.
Regulatory bodies like the Real Estate Regulatory Authority (RERA) have a crucial role in ensuring that the builder adheres to the agreed terms and conditions and protecting the interests of homebuyers.
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