| 05-Oct-2026 |
Ms. Nikita Mittal, Planning
Executive and Ms. Asha, Chartered Accountant briefed about the facts of the
project.
Sh. Sunil Kumar (AR), Sh.
Deepak Lohia, Sh. Ramesh Mandia, Sh. Shashank Patil are present on behalf of
promoter.
The Authorized Representative
of the promoter submits that the present application dated 03.09.2026 has been
filed under Section 4 of the Real Estate (Regulation and Development) Act, 2016
for registration of the project namely “Pyramid Whitefield”, comprising an area
of 11.4625 acres, covered under License No. 243 of 2025 dated 04.12.2025,
issued by DTCP, Haryana in favour of M/s Logical Developers Pvt. Ltd., M/s
Glimpse Propbuild Pvt. Ltd., M/s Grunge Propbuild Pvt. Ltd., M/s Prosperous
Buildcon Pvt. Ltd., M/s Gallium Propbuild Pvt. Ltd., M/s Glitz Propbuild Pvt.
Ltd., M/s Grapeshot Propbuild Pvt. Ltd., M/s Hartej Estates Pvt. Ltd., M/s
Spurt Projects Pvt. Ltd. and M/s Tomtom Builders Pvt. Ltd., in collaboration
with M/s Conmin Projects India Pvt. Ltd., for development of a Residential
Plotted Colony under NILP Policy-2022. The said license was issued pursuant to
migration of License No. 26 of 2021 dated 07.06.2021, originally granted for an
Affordable Group Housing Colony, along with a fresh area measuring 2.45625
acres, and is valid up to 03.12.2030.
The Authority observes that
the role of M/s Emaar India Ltd. and M/s MGF Developments Ltd., as referred to
in the Joint Development Agreement(s), as well as the linkage between the
multiple landowners/entities mentioned in the aforesaid agreements, requires
clarifications in detail. In this regard, the AR of promoter requests that some
time may be granted for submitting the said clarification along with the
requisite sharing pattern and the complete chain of title of the project land.
In view of the above, the
Authority directs the promoter to submit a clear and comprehensive sharing
pattern in accordance with the Joint Development Agreement(s) along with the
complete chain of title of the project land, duly establishing the rights,
title and interests of all concerned landowners, promoters and entities in the
said project and shareholding pattern of all the concerned parties. The
promoter is further directed to ensure the presence of the individual landowner
company before the Authority on the next date of hearing for further
clarification. The promoter is also directed to submit the revised land title
search report and Non-Encumbrance Certificate on the latest date, along with
compliance of the remaining deficiencies mentioned at Serial No. 31.
The matter to come up on 12.10.2026. |
ADJOURNMENT |
View Order |