High hopes are pinned on Real Estate Regulation Act (RERA) as it is yet to be implemented in West Bengal. However, several consumers, who have been facing problems in getting the possession of their property feel that they will soon see better opportunities.
Anshu Ruia (34) had put in his hard-earned money into DLF Galleria in eastern part of Kolkata in 2008. The building was ready by 2013 and the company had asked him to sign an agreement stating a no claim police and wait for agreement.
However, Anshu refused to sign the agreement making it all the more difficult for him to acquire the property. He had paid all dues amounting to around Rs 1 crore for a commercial property that he brought for personal use. However, Anshu is yet to inhabit his property.