Kolkata Municipal Corporation to Revoke Trade Licences of Real Estate Promoters Found Guilty of Duping Flat Owners

The Kolkata Municipal Corporation buildings department has decided to take strict action against real estate promoters who have been found guilty of duping flat owners.

As per the new policy, the trade license of such promoters will be revoked. Earlier, architects or licensed building surveyors were penalized for failing to provide facilities to flat owners after the completion of a housing project or standalone apartment building.

Recently, a promoter engaged in the construction of an apartment building was booked by the building department following complaints from a section of flat owners. The promoter is being interrogated by civic officials. The KMC buildings department will check the track record of the promoter before taking a punitive step. If found guilty, the promoter’s trade license will be revoked.

The KMC buildings department has decided to keep a watch on real estate promoters accused of not keeping commitments, providing necessary amenities to flat owners, or fleeing before applying for a completion certificate from the civic body. Without a completion certificate, flat owners face difficulty applying for water supply or drainage lines.

The mayor, Firhad Hakim has asked the buildings department to take action against a section of architects or licensed building surveyors for the suffering of flat owners. The KMC buildings department officials are flooded with complaints from citizens across the city about truant promoters fleeing after the construction of an apartment building without applying for a completion certificate. Such housing projects are often found to have deviations and are branded as illegal structures.

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