Bank guarantee provided by the builder, still Ansal Esencia lacks electricity

IT specialist Kanika Roy was excited when she booked her dream house in the Ansal Esencia project in Sector 67 in 2012. Despite receiving possession in September 2020, the Roys have not been able to move into their apartment after 11 years.

The developer didn’t build the required electrical infrastructure, which is why there aren’t any new power connections in the community, claims the 43-year-old.

Roy claimed that they had been promised delivery by 2015, but five years later, when we finally received the keys, we were unable to move because there was no electricity connection. We were initially mistreated by the developer. We are currently at DHBVN’s mercy.

More than 300 families have been left stranded due to the dispute between the developer and DHBVN over the lack of power infrastructure and have thus far been unable to move into their dream homes.

The bank guarantee liability for DHBVN has been reduced from Rs 19 crore to Rs 13.47 crore over the past year. However, only Rs 5.42 crore of the total sum has been paid in advance by the developer for the external electrical infrastructure, in addition to the transfer of a parcel of land for the construction of a substation and the installation of 14 transformers.

The project began in 2011 and spans 250 acres. Approximately 2,000 families are now residing there after possession began in 2014.

Another customer, Sharad Rao, stated, “I have applied for an electricity connection three times since October 2022, but DHBVN has not yet approved it. Despite receiving possession, we are still unable to move into the apartment due to a lack of adequate power infrastructure. I have already paid all of my taxes and am currently making rent and EMI payments.

On Thursday, the aggrieved homebuyers met with DHBVN’s chief engineer to request his assistance in releasing the colony’s electricity connection. 

The majority of the power infrastructure’s problems have been fixed by the developer as a result of our diligent efforts, but DHBVN is still delaying the issuance of the permanent connection, according to Dharmender Tanwar, RWA president of Ansal Esencia. Residents have been suffering despite paying all their taxes to the government.

“In November 2021, DHBVN stopped issuing new electricity connections in the township and asked us to build the required infrastructure,”  said a developer representative. We have already deposited Rs 5.42 crore as a bank guarantee and a land parcel worth Rs 9 crore with DHBVN. All of its instructions have been followed.

PK Chauhan, DHBVN’s superintending engineer, responded to a request for comment by saying, “The developer had to build the 33 kv substation and other electrical electrification, which they did not construct as per the sanctioned scheme in 2012. They updated the approved plan in March 2022 to account for the additional area and deposited Rs. 5.42 crore as bank security.

“Right now, the developer is the subject of insolvency proceedings. Even though we have used the bank guarantee, the substation still needs to be built. By the end of this month, things should be more clear because the National Company Law Tribunal (NCLT) will probably issue its ruling, the expert predicted.

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