According to officials, VGN was constructing a multi-storied apartment complex with 892 dwelling units at the site, of which more than 50% were sold. The TNRERA, he added, would protect the buyers of the project in accordance with provisions of the law. Completion dateAccording to sources in TNRERA, VGN has to complete the project before September 30, 2019. If the buyer files a complaint about a delay in completion of the project, we will conduct a hearing,” said an official. Meanwhile, Gopinath, the advocate of VGN Property Developer Private Limited, said the company was needlessly being arraigned by the ED.
Source: The Hindu February 18, 2018 19:43 UTC