| 13-Oct-2025 |
Ms. Deepika, Planning Executive and Sh. Ashish Dubey,
Chartered Accountant briefed about the facts of the case.
Sh. Sudhir Solanki (AR) and
Sh. Sonu Kumar (AR) are present on behalf of the promoter and states that the
remaining two bank accounts (Collection & free account) for the project
have also been opened, in compliance with Section 4(2)(l)(D) of the Real Estate
(Regulation and Development) Act, 2016. A reply in this regard has been
submitted before the Authority today. The office to examine the same. Sh. Jeet Singh, Sh. Kapil
Dayma, Sh. Sanjeev Jain, Sh. Ravinder Kumar and Sh. Hare Krishna Sinha are present
on behalf of the landowners and stated that they have duly acknowledged and
accepted the sharing arrangement as per the Collaboration Agreement executed
between the Promoter and the Landowners.The Authorized Representative
of the promoter also submits that presently, the environment clearance, approved service plans and
estimates along with domestic water connection are under process and the said
approvals have not yet been obtained as on date. Further, the AR of the promoter undertakes to obtain and submit:i.
The Approved Environmental Clearance and Approved Service Plans and
Estimates within 3 months from the date of grant of registration.ii. Approval NOC for domestic water connection within 2 months from the date
of grant of registration.Further, he undertakes to
submit two Demand Drafts / Bank Guarantees amounting to Rs 25 lakhs each, as a
security deposit for timely compliance with the above requirements at point
(i). It is also expressly undertaken that in the event of failure to obtain and
submit the aforesaid approvals within the stipulated time frames, the said
security amount(s) shall be liable to be forfeited by the Authority.The Authority has taken note
of the submissions made by the Authorized Representative of the promoter
regarding the non-availability of the aforesaid statutory approvals as on date.
In view of the above, and in the interest of regulatory compliance, the Authority
hereby directs that the promoter shall submit two separate Demand Drafts / Bank
Guarantees, each amounting to Rs 25,00,000/- (Rupees Twenty-Five Lakhs only),
in favour of the Authority, as security amounts for timely submission of the
following approvals:a. Approved Environmental
Clearance: within 3 months from the date of grant of registration; and b. Approved Service Plans and
Estimates: within 3 months from the date of grant of registration.In the event of non-submission
of any of the above approvals within the prescribed time frames, the
corresponding security amount shall stand forfeited by the Authority, and such
failure may also attract additional regulatory action as permissible under the
Act of 2016, rules and regulations made thereunder. Further, the promoter shall
submit the approval NOC for domestic water connection within 2 months from the
grant of registration certificate.Approved
as proposed subject to rectification of deficiencies mentioned above.
The
Registration Certificate shall be issued after submission of remaining
deficiencies mentioned above including correction in A-H form, Online DPI and
submission of two BG/DD of Rs. 25 lakhs each for submission of approved environment clearance and approved
Service plan and Estimates within the timeframe mentioned above. |
APPROVED AND READY FOR CERTIFICATE ISSUING PROCESS |
View Order |
| 06-Oct-2025 |
Ms. Deepika, Planning Executive and Sh. Ashish Dubey,
Chartered Accountant briefed about the facts of the case.
Sh. Sudhir Solanki (AR), Sh.
Sonu Kumar (AR) and Sh. Akhil Kumar (AR) are present on behalf of the promoter.
The AR of the promoter is directed to rectify the deficiencies mentioned above
at S. No. 29. Further, on the next date of hearing, the promoter is instructed
to bring the landowners in person. Also, the promoter shall submit duly signed
collaboration agreement reflecting the sharing arrangement for 6.0750 acres of
land, signed by both the promoters and the respective landowners. Further, the
promoter is directed to open bank accounts as per the section 4(2)(l)(D) of the
Real Estate (Regulation and Development) Act, 2016.
The matter to come upon
13.10.2025. |
ADJOURNMENT |
View Order |