| 21-Oct-2026 |
Sh. Sumeet, Engineering Officer and Ms. Asha,
Chartered Accountant briefed about the facts of the case.
Sh. Dheeraj Yadav and Sh.
Heera Bisht (AR) are present on behalf of the promoter.
The Authorized Representative of the promoter
states that they have obtained license no. 71 of 2026 dated 21.04.2026 for
setting up a Retirement Housing Project under Retirement Housing Policy dated
04.11.2024 over an area measuring 0.9875 acres in Sector- 78, Gurugram. Further
submits that the project site is located on 40 feet wide road which is metaled
and motorable as on date.
Further states that the
fire scheme approval, service plan and estimates approval, and mining
permission are under process, and the said approvals have not yet been obtained
as on date. Further, the Authorized Representative of the promoter undertakes
to obtain and submit:
i.
Fire scheme approval, service plan and estimates approval
within 6 months from the date of grant of registration; and
ii.
Mining permission before start of construction of project.
Further, he undertakes to
submit two BG/DD 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 approval within the stipulated time frame, the said security amount
shall be liable to be forfeited by the Authority.
The Authority has taken
note of the submissions made by the AR of the promoter regarding the
non-availability of the aforesaid statutory approvals as on date. In view of
the submission made by the AR of the Promoter and in the interest of regulatory
compliance, the Authority hereby directs that the promoter shall submit two
separate BG/DD amounting to Rs. 25,00,000/- (Rupees Twenty-Five Lakhs only)
each, in favour of the Authority as security amount for timely submission of
fire scheme approval, service plan and estimates approval within 6 months from
the date of grant of registration.
Needless to say that in
the event of non-submission of the above approvals within the stipulated time
frames as requested by the Promoter during the course of hearing, the said
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 Mining
permission before the start of construction of project. A condition to the
above effect be incorporated in the registration certificate.
Approved as proposed
subject to rectification of deficiencies mentioned above.
The Registration Certificate shall be
issued after submission of correction in Form A–H, correction in online DPI and
submission of two BG/DD of Rs. 25,00,000/- (Rupees Twenty-Five Lakhs only) each
for submission of fire scheme approval, service plan and estimates within the
time frame mentioned above, along with the other remaining deficiencies
mentioned at S. No. 35. |
APPROVED AND READY FOR CERTIFICATE ISSUING PROCESS |
View Order |