| Project Name | Project Location | Project District | Project Tehsil | Promoter Name |
|---|---|---|---|---|
| ALTIS AT DXP 92 | Sector-92, Gurugram Haryana | GURUGRAM | Harsaru ST | SARE GURUGRAM PRIVATE LIMITED |
| Project Registration Number | 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 | Details of Project(Form A-H) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GGM/1060/792/2026/32 DATED 27.05.2026 (SUPERSEDES 364 OF 2017 DATED 21.11.2017) | RERA-GRG-2119-2025 | 23-Feb-2026 | 23-Feb-2026 | APPROVED AND CERTIFICATE UPLOADED | NOT REQUIRED | Not Yet | -- | First Hearing | View Form(A-H) |
| Project Registration Number | Uploading Date | Remarks | View Certificate |
|---|---|---|---|
| GGM/1060/792/2026/32 DATED 27.05.2026 (SUPERSEDES 364 OF 2017 DATED 21.11.2017) | 13-Aug-2026 | RC Uploaded (supersedes RC no. 364 of 2017 dated 21.11.2017) |
| Date of Hearing | Proceedings of the day | Status | Order |
|---|---|---|---|
| 20-Apr-2026 | Ms. Nikita Mittal, Planning Executive and Ms. Asha, Chartered Accountant briefed about the facts of the project. Sh. Madhu Sudana Rao (Director), Ms. Srijita Kundan are present on behalf of the promoter. The Authorized Representative of the promoter has submitted the present application dated 23.02.2026 under Section 4 of the Real Estate (Regulation and Development) Act, 2016 for registration of a Group Housing Colony namely “Altis at DXP 92”, situated at Sector-92, Gurugram, admeasuring 2.68 acres, comprising Tower T10 and a Community Centre and further states that the reply has been submitted on Friday which needs be examined by office. In addition to above, the AR further submits that out of total 12 homebuyer claims pertaining to the earlier project registered vide RC no. 364 of 2017 dated 21.11.2017, 11 claims have been settled and the entire amounts have been refunded, and the concerned allottees have issued No Objection Certificates (NOCs). With respect to the remaining one homebuyer, it is stated that no contact could be established; however, the promoter undertakes to refund the due amount and obtain the NOC upon establishing contact. In this regard, the promoter is directed to submit a notarized affidavit duly sworn by the Managing Director affirming the status of settlement of allottees and undertaking to settle the remaining claim.It is pertinent to note that during the hearing dated 30.03.2026, the promoter placed reliance upon a similar matter, namely the project “Lushlands,” wherein fresh registration was granted pursuant to approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016 and consequent change in management. Upon examination of the record, it is observed that the present case is squarely aligned with the aforesaid precedent. The promoter company underwent Corporate Insolvency Resolution Process (CIRP) and the resolution plan was approved by the Hon’ble NCLT, Delhi on 24.04.2023, pursuant to which the management and control of the project vested in the Successful Resolution Applicant on a clean slate basis. Further, substantial modifications have been carried out in the site plan, including revised building plan approvals dated 17.02.2026. The Authority is of the considered view that such material changes in project planning, coupled with change in management under CIRP, justify fresh registration of the project under Section 4 of the Act of 2016, in line with the precedent established in the case of “Lushlands.”. Accordingly, the present project namely “Altis at DXP 92” is liable to be granted fresh registration by superseding the earlier registration bearing RC No. 364 of 2017 dated 21.11.2017 (Tower T17, Phase VI), as the said earlier registration has lost its relevance due to demolition of earlier structures, revised planning, and extinguishment of prior allottee rights. Further, the late fee has been calculated from 24.04.2023, i.e., the date of approval of the resolution plan by the Hon’ble NCLT, Delhi, up to the date of submission of the present registration application, i.e., 23.02.2026, in the same manner as adopted in the case of “Lushlands.” The Authorized Representative of the promoter further submits that presently, the Fire Scheme Approval and revised approved service plans and estimates 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. Fire Scheme Approval within 6 months from the date of grant of registration; and ii. Approved Service Plans and Estimates within 6 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. 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. Fire Scheme Approval: within 6 months from the date of grant of registration; and b. Approved Service Plans and Estimates: within 6 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. Approved as proposed subject to rectification of deficiencies mentioned above at S. No. 33. The earlier registration bearing RC No. 364 of 2017 is hereby superseded on account of (i) approval of resolution plan under CIRP resulting in change of promoter and management, (ii) demolition of earlier incomplete construction, (iii) approval of revised building plans with substantial modifications, and (iv) extinguishment/settlement of prior allottee rights, rendering the earlier registration redundant and non-operational. The Registration Certificate shall be issued after submission of corrections in A-H form, Online DPI, deficit fee including an affidavit from Managing Director regarding settlement with one remaining homebuyer along with the remaining deficiencies mentioned at S. No. 33 and submission of two DD’s of Rs. 25 lakhs each for submission of Revised Fire Scheme approval and Revised Approved Service Plans and Estimates within the timeframe mentioned above. | APPROVED AND READY FOR CERTIFICATE ISSUING PROCESS | View Order |
| 13-Apr-2026 | ADJOURNMENT | --- | |
| 30-Mar-2026 | Ms. Nikita Mittal, Planning Executive and Ms. Asha, Chartered Accountant briefed the facts of the case. Sh. Madhu Sudana Rao (Director), Ms. Srijita Kundan are present on behalf of the promoter and states that they have submitted an application for registration of group housing colony namely “Altis at DXP 92” measuring 2.0 acres comprising of Tower T10 & Community center in Sector 92, Gurugram u/s 4 of the Act of 2016. Further, it is observed that the Department of Town and Country Planning, Haryana has approved the revised building plan for Tower T10, Community Centre, Shopping-I & Swimming pool falling in group housing colony vide Memo no. ZP-562-A/SD(RD)/2026/5722 dated 17.02.2026 in which Tower T10 has been planned over the project already registered as Tower No. T17 vide RC No. 364 of 2017 dated 21.11.2017 valid up to 30.06.2022 and Phase Shops (Shop No. 1-36) vide RC No. 275 of 2017 dated 09.10.2017 valid up to 30.09.2021 in which Shopping-1 has been shifted from its original location and has been replanned. The Authority has carefully considered the submissions made on behalf of the promoter along with the material available on record. At the outset, it is noted that the project land admeasuring approximately 48.818 acres situated in Sector-92, Gurugram forms part of a licensed group housing colony granted by the Directorate of Town and Country Planning, Haryana vide License No. 44 of 2009 dated 14.08.2009 and License No. 68 of 2011 dated 21.07.2011. The Authority further observes that the promoter company, SARE Gurugram Private Limited (earlier Ramprastha SARE Realty Pvt. Ltd.), was admitted into Corporate Insolvency Resolution Process (CIRP) vide order dated 09.03.2021 passed by the Hon’ble NCLT, Delhi, and accordingly, a moratorium under the Insolvency and Bankruptcy Code, 2016 came into effect from the said date. Subsequently, a resolution plan submitted by a consortium of KGK Realty (India) Pvt. Ltd. and Dhoot Infrastructure Projects Limited was approved by the Hon’ble NCLT on 24.04.2023 under Section 31 of the IBC, pursuant to which the management and control of the corporate debtor stood vested in the successful resolution applicants on a “clean slate” basis.In this regard, the Authority is of the considered view that while the approval of the resolution plan and change in management under the provisions of the IBC is binding, the same does not absolve the corporate debtor/promoter from complying with the provisions of the Real Estate (Regulation and Development) Act, 2016. The obligations towards allottees, adherence to sanctioned plans, and regulatory compliances under the Act continue to subsist and are required to be fulfilled by the new management. Further, from the facts placed on record, it is evident that the revised building plan approved by the competent authority entails substantial modifications in the layout and configuration of the project. The Authority is of the view that such changes, when read in conjunction with the insolvency proceedings and subsequent takeover, necessitate a comprehensive regulatory scrutiny to ensure that the rights and interests of existing allottees, if any, are not adversely affected. Accordingly, the Promoter is directed to: i. Furnish complete details regarding the list of sold and unsold inventories, clearly indicating the status of each allottee including refunds made, units transferred, forfeitures, and those pending settlement along with supporting documents such as NOCs, settlement agreements, proof of payments, etc. ii. The promoter shall also submit an affidavit from the Managing Director of the company affirming that there are no remaining unsettled claims of allottees. Keeping in view the above, the office is directed to examine the said application and issue the deficiency notice accordingly within a period of 5 days. The matter to come up on 13.04.2026. | ADJOURNMENT | View Order |
| 16-Mar-2026 | Sh. Harshit Batra (Adv.), Ms. Tanya (Adv.) and Sh. Kishore Kumar (CFO) are present on behalf of the promoter. Certain technical queries regarding the subject project were put forth, however no satisfactorily explanation has been provided by the concerned. Keeping in view the complicated nature of the discrepancies observed in the present application, the Director/Managing Director/CEO of the promoter company along with the concerned team well-versed with the technical and factual aspects of the said project, is directed to appear before the Authority on the next date of hearing, along with the necessary documents and record. The matter to come up on 30.03.2026. | EXAMINATION BY AUTHORITY | --- |
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