| Project Name | Project Location | Project District | Project Tehsil | Promoter Name |
|---|---|---|---|---|
| ATS Marigold | Sector 89-A, village-Harsaru, Gurugram | GURUGRAM | ATS Real Estate builders Pvt.Ltd. |
| Project Id | Receiving Date | Online Submission Date | Current Status | Next Date of Hearing | Notice Dispatched | Notice Dispatched On | Notice Tracking Id | Notice Dispatched Remarks | View Notice | Initially Scrutinized Remarks |
|---|---|---|---|---|---|---|---|---|---|---|
| RERA-GRG-1528-2024 | 04-Jan-2024 | 04-Jan-2024 | CONTINUING APPROVED | NOT REQUIRED | Not Yet | -- | First hearing |
| Date of Hearing | Proceedings of the day | Status | Order |
|---|---|---|---|
| 20-May-2024 | Ms. Suruchi Pandey, Chartered Accountant briefed about the facts of the project. Shri Rajeev Gupta (Sr. Vice President), Govind Madhav Sharma, (Sr. Vice President), Narendra Kumar (Manager), Rahul and Shri Mohinder Kumar Jogi, Land owing company C/o Vatika Ltd. are present on behalf of the promoter. `The AR of the promoter states that the above project is registered for development of a Group housing project measuring 11.125 Acres falling in sector 89A of Gurugram and comprises of 06 main towers, 01 EWS block, 06 Villas, 07 Shops and a Community centre as per the building plans approved by DTCP. That out of said 06 main towers, construction of 04 towers and 01 EWS block has been completed and accordingly Occupation Certuificate has been issued by the DTCP on dated 16.06.2023. Further, a community building “Sanctuary Club” is also complete, for which OC is already applied and Whereas construction of remaining 02 main towers has also been completed but finishing works are pending and OC application shall be filed by end of April 2025. Therefore, all constructions will be completed except for 7 no. Shops and 6 no. villas which have neither been launched nor constructed at site due to market constraints. The AR stated that the consent from 46 allotees out of 79 allotees in remaining 2 towers for the continuation of extension of registration certificate has been obtained and submitted in the Authority and consent of 1 shop owner shall also be submitted. The DTCP has revalidated the license up to 10.10.2024 and renewal of 2 years will also be sought for completion of the project and accordingly requests the Authority to allow continuation of the project to enable its completion in all respect including handing over of the remaining units under the above project. The deficit fees and penalty imposed earlier shall also be deposited along with the other deficit documents and compliances.The Authority observes that the registration of the project was earlier allowed to remain in force u/s 7(3) of the Act of 2016 for a period up to 29.02.2024 vide order dated 20.09.2022. However, the promoter has failed to complete the project within the specified time limit citing the peculiar circumstances which have hindered the completion. He further states that the project already stands approved for funding under the SWAMIH fund and is being monitored for due diligence. The Authority considered the matter and decided that under the peculiar circumstances of the case, it would be in the best interest of the allottees that the registration of the project is allowed to remain in force for further period of three years, so that the allottees would be handed over dwelling units. Further majority of the allottees of the two remaining towers have given their consent and the units under villas are yet to be sold. Approved subject to compliances as above and this will be without prejudice to the rights of the allottees under the Act 2016. | CONTINUING APPROVED | View Order |
| 22-Apr-2024 | Sh. Ashish Dubey, Chartered Accountant briefed about the facts of the project. Sh. Rajeev Kumar Gupta (AR) and Sh. Narender Kumar (AR) are present on behalf of the promoter. The promoter seeks one month time to submit “no objection” from majority of the allottees in incomplete towers where OC has not been received. An e-mail be sent from the office of Secretary, HRERA to SWAMIH fund for appraisal report. The director/CEO/Project-Incharge of the promoter company is directed to be present along with the authorized representative of the landowner companies along with board resolution on the next date of hearing. The matter to come up on 20.05.2024. | ADJOURNMENT | View Order |
| 08-Apr-2024 | Sh. Ashish Dubey, Chartered Accountant briefed about the facts of the project. Sh. Rajeev Gupta (AR) and Sh. Narender Kumar (AR) are present on behalf of the promoter. The AR states that the detailed reply after rectification of the deficiencies is being submitted today. Office to examine and put up on next date of hearing. Also, the promoter is directed to submit the consent from the majority of allotees for continuation of registration. The matter to come up on 22.04.2024. | ADJOURNMENT | View Order |
| 18-Mar-2024 | Sh. Ashish, Chartered Accountant briefed about the facts of the project. Sh. Rajeev Kumar Gupta (AR), Sh. Praveen Verma (AR) and Sh. Narendra Kumar (AR) are present on behalf of the promoter. The matter to come up on 08.04.2024. A mail be sent to the concerned cell of the SWAMIH Fund to provide the copy of the feasibility report. | ADJOURNMENT | View Order |
| 26-Feb-2024 | Sh. Ashish, Chartered Accountant briefed about the facts of the project. Sh. Rajeev Gupta (AR), Sh. Praveen Verma (AR), Ms. Neha Kamra and Sh. Narendra Kumar (AR) are present on behalf of the promoter. The AR of the promoter seeks three weeks’ time. The matter to come up on 18.03.2024. | ADJOURNMENT | --- |
| 29-Jan-2024 | Sh. Ashish, Chartered Accountant briefed about the facts of the project. Sh. Rajeev Gupta (AR) is present on behalf of the promoter. The Authority observes that there are discrepancies in the QPR of March, June, September 2023 which the CA of the promoter is directed to be present on the next date of hearing. Further, the promoter is directed to submit a copy of the feasibility report prepared by the SWAMIH fund for the project and the date of completion of the project as per the approval of the SWAMIH fund. A public notice be also issued intimating the allotees about the proposed extension applied by the promoter and for filing objections if any within a period of two weeks from the date of publication. The promoter to also give a specific report about the development works pending along with their schedule of completion and source of funding. The promoter has not yet deposited the penal amount imposed by the Authority during earlier 7(3) proceedings in view of the status quo directions of Hon’ble Tribunal in Appeal No. 814 of 2022. The matter to come up on 26.02.2024. | ADJOURNMENT | --- |
| 22-Jan-2024 | Sh. M. L. Sardana (Accountant) and Sh. Ashish (Chartered Accountant) briefed about the facts of the case. The Authority hereby directs the planning branch to visit the project site within one week and submit its report immediately. The matter to come up on 29.01.2024. | EXAMINATION BY AUTHORITY | --- |
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