Central Square Plaza-IV Delhi Builder Seeks Project Abandonment
After more than three decades of delays, Purearth Infrastructure has applied to abandon Delhi’s Central Square Plaza-IV project, while RERA has asked buyers to submit objections before taking a decision.
- Central Square Plaza-IV Delhi Builder offers refunds with interest under RERA provisions.
- Delhi RERA has invited buyers’ objections until July 20.
- Buyers argue the promised commercial units should still be delivered.
Delhi: After waiting for over 30 years, buyers of commercial units at Central Square Plaza-IV in Bara Hindu Rao, Delhi, have received another setback. Builder Purearth Infrastructure Ltd. has informed Delhi RERA that it is no longer in a position to complete the project and has formally applied to abandon it.
The matter has gained attention after Delhi RERA uploaded details of the builder’s application and invited objections from affected buyers. The case is significant because it could influence how long-delayed and unregistered real estate projects are handled in the future.
According to documents submitted before Delhi RERA, the builder stated that the project cannot move forward due to several factors, including prolonged legal disputes, the sealing of earlier phases by a Supreme Court-appointed monitoring committee in 2011, changes in building bye-laws, the expiry of sanctioned building plans, and other issues dating back to the late 1990s.
The company has now offered to refund allottees their deposited amount along with applicable interest under the provisions of the Real Estate (Regulation and Development) Act, 2016.
During a hearing before Delhi RERA Chairman Anand Kumar and Member Devesh Singh, the company’s legal counsel confirmed that Purearth was willing to refund buyers as per RERA rules because it does not have a valid sanctioned building plan to complete the project.
Responding to media queries, a senior company executive also said that ongoing litigation, including disputes involving the Municipal Corporation of Delhi (MCD), had made construction impossible. The company added that it would also work towards resolving pending legal cases filed by allottees.
The builder’s decision has disappointed buyers, many of whom have been waiting since the late 1980s and early 1990s for possession of their commercial units. Several original investors are now senior citizens, while in some cases, legal heirs have taken over the long-running dispute.
Buyers argue that the company’s annual report for 2024–25 had still described Plaza-IV as “under construction,” giving them hope that the project would eventually be completed. They have also questioned how a project that was never registered under RERA can now be allowed to be abandoned under the same law. They believe the outcome could become an important precedent for thousands of delayed projects across India.
Delhi RERA has now issued a public notice inviting objections and suggestions from allottees until July 20. Buyers have also been asked to appear before the authority on July 21 at 2:30 PM to present their views before any final decision is taken. The regulator is expected to consider both the builder’s request and the objections filed by affected buyers before deciding the future of the long-pending project.
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