DDA to issue completion certificates to two towers at CWG village
Flat owners of two towers at the Commonwealth Games village, whose completion certificates were held back by the Delhi Development Authority (DDA), can finally heave a sigh of relief. HT reports.delhi Updated: Apr 25, 2013 23:43 IST
Flat owners of two towers at the Commonwealth Games village, whose completion certificates were held back by the Delhi Development Authority (DDA), can finally heave a sigh of relief.
Of the 1,168 flats in 34 towers of the residential complex, completion certificates for two towers - 5 and 15 - were held back by the DDA. The authority has finally decided to issue the certificates, as directed to it by the Delhi High Court. The decision will benefit around 65 flat owners.
The Games village was built by developer Emaar MGF for the DDA to accommodate athletes during the sporting event held in 2010.
While Emaar got nearly 450 flats in its share, which it sold before the Games, DDA had kept rest of the flats.
After the Games were over, DDA declined to issue the completion certificates to the complex claiming that Emaar had exceeded the Floor Area Ratio (FAR).
After the flat owners went to court, DDA was directed to issue certificates for the flats, paving way for their possession, except of tower 5 and 15 that were part of Emaar's share.
The DDA was later asked to issue certificates for the flats in these two towers that were sold. They were also told to hold back certificates of 28 flats that were unsold to resolve the FAR issue.