The Haryana real estate regulatory authority (HRera) rejected the application of real estate promoter Shree Vardhman Infra Heights Pvt Ltd, seeking an extension of registration of its group housing project – Shree Vardhman Victoria – over repeated non-compliances of the Rera Act.
The authority in its order has said it granted as many as 24 opportunities to the developer to comply with the deficient requirements which were mandatory in order to renew or grant extension to the registration of the housing project.
But the promoter failed to comply with it.
After hearing the matter on March 20, the authority decided to reject the application and issued an order to freeze all its bank accounts.
“Even today, no one has appeared on behalf of the promoter, which indicates that he (the promoter) does not intend to pursue the matter. In view of this, the application for extension of the registration of the residential project is hereby rejected under the provisions of Section 6 of the Rera Act, 2016. The processing fee deposited by the promoter is being forfeited,” said the order passed on March 20 by the bench comprising three members – Ashok Sangwan, Vijay Kumar Goyal and Sanjeev Kumar Arora.
“It is further observed that the time period for completion of the housing project and the registration expired in June 2021, including the six months relaxation for Covid-19. In view of the same, the office is asked to initiate the process under Section 8 of the Act, 2016, and to issue a public notice to this effect. The bank account of the project is, hereby, frozen and intimation be sent to the bank concerned,” the order said.
An application regarding extension of the group housing colony project – Shree Vardhman Victoria in Sector 70 – being developed by Shree Vardhman Infraheights Pvt Ltd was submitted in October 2021 under Section 6 of the Real Estate (Regulation and Development) Act 2016.
The application seeking extension of registration was scrutinised by the authority and deficiencies were noticed, which were conveyed to the promoter with directions to remove the same.