The Gurugram district administration has launched a recovery drive against 71 real estate developers who have failed to pay nearly ₹ 446 crore in penalties and other dues arising from orders passed under the Real Estate (Regulation and Development) Act (RERA), deputy commissioner Uttam Singh said.
The administration plans to freeze bank accounts and attach properties of defaulting developers to recover the outstanding amount.
Officials said criminal proceedings could also be initiated against builders who fail to clear their dues, with the possibility of arrest if recovery remains unsuccessful.
The exercise will be undertaken in phases, beginning with larger defaulters, with the administration examining their assets and bank accounts and coordinating with revenue and other concerned departments. He added that the administration would first seek recovery from frozen bank accounts and attached properties. Singh said the administration had decided to accelerate the recovery process so that orders passed in favour of affected homebuyers do not remain on paper.
“RERA does its job by penalising the builder, but pending recoveries make the entire process toothless, and the homebuyer continues to suffer,” Singh said, according to officials.
