| 05-Nov-2026 |
Ms.
Deepika, Planning Executive and Ms. Asha, Chartered Accountant briefed about
the facts of the case.
Sh.
Manish Periwal (CMD), Sh. Rakesh Bohra (COO), Sh. Vikas Sharma (AGM), Sh.
Vikram Khater (S. Manager) & Ms. Ankita Kothari (VP) are present on behalf
of the promoter.
The
CMD of the promoter company submits that the project is being developed over an
area measuring 24.47775 acres in four phases, out of which two phases had
already obtained Occupation Certificates prior to the enactment of RERA.
Phase-2 is registered with the Authority, whereas Phase-3 is yet to be
registered. The promoter has applied for amendment of the registration of
Phase-2, registered vide Registration Certificate No. 104 of 2025 dated
16.10.2025, pursuant to the revision in the approved building plans.
The
CMD further submits that Phase-2 comprises East and West Towers. Pursuant to
the revised building plans, the floors of the East Tower has been increased
from G+39 to G+46. Consequently, the number of units has increased from 243 to
267. He further submits that, except for the aforesaid changes, there is no
other change in the project. Accordingly, the consents of more than two-thirds
of the unique allottees for the proposed amendment had been submitted in the
Authority. Further, the revised Fire Scheme
Approval have not yet been obtained as on date. However, the CMD of the
promoter company undertakes to obtain and submit Revised Fire Scheme Approval
within 3 months from the date of grant of addendum to registration Certificate.
Further, he undertakes to submit a Demand Draft/Bank Guarantee amounting to Rs
25 lakhs, as a security deposit for submitted the revised fire scheme pproval
within the aforesaid time period. It is also expressly undertaken that in the
event of failure to obtain and submit the said approval within the stipulated
time frame, the corresponding security amount shall be liable to be forfeited
by the Authority.
The
Authority has taken note of the submissions made by the CMD of the promoter
regarding the non-availability of the revised fire schemen approval as on date.
In view of the above, and in the interest of regulatory compliance, the
Authority hereby directs that the promoter shall submit a Demand Draft/Bank
Guarantee, amounting to Rs. 25,00,000/- (Rupees Twenty-Five Lakhs only), in
favour of the Authority, as security amount for timely submission of the Revised
Fire Scheme Approval within 3 months from the date of grant of addendum to
registration Certificate.
Needless
to say that in the event of non-submission of the aforesaid approval within the
stipulated time frames as requested by the Promoter during the course of
hearing, 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.
In
view of the above, the CMD of the promoter company requests the Authority to
approve the amendment of registration of the project, submitting that all
requisite approvals are in place and that the remaining minor
deficiencies/documents shall be submitted before the issuance of addendum
certificate under section 4 of the Act, 2016.
The
Authority observes that the present application pertains to the proposed
amendments in the building plans of the commercial towers, involving a change
in the number of commercial units, as detailed above.
Accordingly,
the amendment of registration of the project is approved as proposed. The
Addendum Certificate shall be issued subject to the submission of the remaining
deficiencies/documents mentioned above at Sr. No. 46, including the requisite
corrections in Forms A to H and the online DPI. |
APPROVED AND READY FOR CERTIFICATE ISSUING PROCESS |
View Order |