TNRERA penalises developer for selling common area
The Hindu
Developer asked to execute rectification deed and register the project
Tamil Nadu Real Estate Regulatory Authority (TNRERA) has held the sale of a common area measuring 230 sq. ft by developer G.K.S. Technology Park Pvt. Ltd. to two home buyers as null and void and imposed a penalty of ₹5 lakh. In his petition, K. Balasubramaniyan said he and his wife had bought a flat on the second floor in the builder’s “Tulive Viha” project in Anna Nagar in 2019. The apartment had a built up area of 1,594.21 sq. ft. and undivided share of 764 square feet. He alleged that the developer sold the area specified as a common corridor measuring 230 square feet in the approved building plan to two other apartment buyers in the project for ₹17.25 lakh and sought relief against the sale.
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