10 Years on, My Dream Home By BPTP is Nowhere Close to Completion

Many of us have lost time, waiting hopelessly to move into our ‘dream house’.

Published
My Report
3 min read

Video Editor: Abhishek Sharma
Video Producer: Aastha Gulati

We are a group of flat buyers who had booked apartments in ‘BPTP Park Spacio’ project located in Sector 37, Gurugram.

In 2010, at the time of booking the flat, we were assured that the project will be completed within 36 months, with 6 months grace period, and would be delivered latest by March 2014. There is now a five-year delay but the delivery of our flats is nowhere in sight.

Shoddy construction and unrealistic timelines have become the norm. Even after several follow-up meetings, emails and phone calls with BPTP on the project schedule, the builder only gives us false promises and fails to keep them every time we meet again.

The long wait to get possession of our flats is causing us great distress, not to mention the financial burden to many flat owners, since we have already paid 90 percent of the amount to the builder. Now we are paying interest each month to the bank on the loan taken for the apartment. Those living on rent are spending more money.

Nainar Venkat Raman, a retired government officer, says:

“I have spent more than Rs 60 lakh on my flat. My part of the contract was to give them the money, and nothing more than that. They were to give me a completed flat. Even after 9-and-a-half years they have been unable to give me the flat.”