Dear All, U.P. Apartment Act 2010 provides buyers a shield against the wrongdoings of the builders. We all have been fighting for it and the moment we thought we are moving towards victory (recent court judgments and Supertech Fiasco), builders have found a new way to cheat you all and taking away the powers granted to you by court. Under the ACT, Builder must provide you "Form A" (this contains all details about the project) and in return, buyers need to fill up "Form B" as a consent of agreement to respect the ACT. Please follow the link to see original Form A and B(last page): https://drive.google.com/file/d/0B60Vqi3xSJieNzc1cHJESFJDYjA/edit?usp=sharing However, builders have started to send "TWEAKED" Form B to the buyers. A new clause have been added to govt notified Form B. "I hereby give my consent in terms of Uttar Pradesh Apartment (Promotion of Construction , Ownership & Maintenance) Act, 2010 to M/s XXXX Limited or any of its SPV executing the project named above to make additions and/or alterations in the project subject to the approval of the competent authority." Here is the letter sent by builder: https://docs.google.com/file/d/0B60Vqi3xSJiecEppeW4tX0Vpd1U/ Please do not sign letters with such amendments. Basically you are giving builder a Power of Attorney to make changes in the project. It can easily be termed as committing suicide and letting all the powers go to greedy builders that were given to you under the ACT. The moment builder receives 66% consent, he is the king. All Builders are planning to secretly attach this letter to BBA/Allotment letters/registration papers etc. Please read every document that comes to you from builders from now onwards and never sign such amendments. PLEASE SEND THIS EMAIL TO EVERY FLAT BUYER YOU KNOW. Share on FB, Email, Buyers Group etc. Remember, if you don't sign but rest of the buyers sign, its victory for builder. So, its important that every buyer on your project read this email. thanx Stay connected : +918800661272 |
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