| 25-Jun-2024 |
PENDING |
Ar. Neeraj Gautam (Associate Architectural Executive) briefed the facts
of the case.
Sh. Parveen
Singh (AVP) appeared on behalf of the promoter.
No reply has been received from the promoter. The AR
of the promoter states that out of 11 towers in the project, structure work of
7 towers has been completed and the project is likely to be completed by date
declared in the registration certificate.
In view of the above, it may not be in the interest
of the allottees to revoke the registration at this stage. However, the
promoter is liable to deposit the amount of security to be forfeited on account
of late submission of the service plans and estimates. Therefore, the promoter
is hereby directed to deposit the amount of Rs. 10 lakhs as per direction of
the Authority in its proceeding dated 12.10.2021 within a period of 30 days
failing which legal consequences shall follow. Detailed order shall follow. |
ASHOK SANGWAN |
View Order |
17-Jul-2024 |