The Haryana Real Estate Regulatory Authority (HRERA) has denied the extension of registration validity for a housing project of Godrej Developers and Properties in Gurugram. The decision was made due to non-compliance with norms. According to HRERA, Gurugram, Godrej Developers and Properties LLP failed to rectify deficiencies in the application, which showed a mismatch of several details provided in the project’s quarterly progress report (QPR) from those mentioned in the CA certificate. Deficiencies were also related to license renewal and bank balance.
The regulator stated that despite many reminders, the promoter of the project failed to comply with the Real Estate (Regulation & Development) Act 2016. Godrej Developers and Properties has been developing the group housing project Godrej Air Phase 4 at Sector 85, Gurugram. The promoter had obtained the RERA registration in December 2018, and it was valid up to June 2023, by which the promoter had to complete the housing project.
The promoter sought an extension of the registration through an application under Section 6 of the RERA Act. During the scrutiny of the application, the authority observed many deficiencies in the application and asked the promoter to rectify them. The authority sent a final show-cause notice in February this year to the promoter for rejection of the application, and it did not receive any reply from the promoter.
“Keeping in view the above facts, the Authority rejects the application for the extension of registration of the project. Further, the bank account of the project be frozen, and a compliance letter to this effect be sent to the bank,” HRERA said in the order. The authority has also warned promoters against creating any third-party rights and has cautioned the general public to refrain from booking any property in the project.
This development highlights the importance of adherence to regulations in the real estate sector. It serves as a reminder for developers to ensure compliance with all norms and regulations to avoid such issues. The decision of HRERA emphasizes the need for transparency and accountability in the real estate industry.
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