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HARERA rejects application of a promoter seeking extension of registration of group housing project

An application regarding extension of registration of the Shree Vardhman Victoria group housing project in Sector 70 in Gurugram, which is being developed by Shree Vardhman Infraheights, was submitted in October 2021 under Section 6 of RERA.

March 27, 2023 / 20:19 IST
HARERA in its order said that it had granted as many as 24 opportunities to Vardhman Infraheights to comply with the requirements, which were mandatory in order to renew or grant extension to the registration of the project in question but the promoter failed to comply. Representative picture

The Haryana Real Estate Regulatory Authority (HARERA), Gurugram, has rejected the application of real estate promoter Shree Vardhman Infraheights Private Limited seeking extension of registration of its group housing project Shree Vardhman Victoria, citing “repeated non-compliance” of various rules and the Real Estate (Regulation and Development) Act, 2016, the authority said.

According to a statement issued by the authority on March 27, HARERA in its order said that it had granted as many as 24 opportunities to Vardhman Infraheights to comply with the requirements, which were mandatory in order to renew or grant extension to the registration of the project in question but the promoter failed to comply.

The statement said that after hearing the matter on March 20, the authority decided to “reject the application” and it also issued the order to “freeze” all bank accounts of the promoter.

Also Read: Haryana RERA imposes penalty of Rs 25 lakh each on 5 builders for not completing projects on time

"Even today (on March 20, 2023), none has appeared on behalf of the promoter applicant, which indicates that he (the promoter) does not intend to pursue the matter. In view of the above, the application for extension of the registration of the project is hereby rejected under the provisions of Section 6 of the RERA Act, 2016," said the order passed by the bench consisting of members Ashok Sangwan, Vijay Kumar Goyal and Sanjeev Kumar Arora.

The authority also said that the processing fee deposited by the promoter will also be forfeited.

There was no immediate response to queries sent to the developer.

An application regarding extension of registration of the Shree Vardhman Victoria group housing project in Sector 70 in Gurugram, which is being developed by Shree Vardhman Infraheights, was submitted in October 2021 under Section 6 of RERA. The authority noted that the application seeking extension of registration was scrutinised by it and deficiencies were noticed, which were conveyed to the promoter with directions to remove the same.

Also Read: Haryana RERA asks developers to seek upgradation in RERA Act

"It is further observed that the time period for completion of the project and the registration expired in June 2021 only, including the six months’ relaxation for COVID 19 period. In view of the above, the office is asked to initiate the process under Section 8 of the Act, 2016, and to issue a public notice to this effect. And the bank account of the project is, hereby, frozen and intimation be sent to the bank concerned," the order said.

Moneycontrol News
first published: Mar 27, 2023 08:18 pm

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