H-Rera has served show-cause notices to projects for not completing the registration process, which is mandatory.
GURUGRAM: The Haryana Real Estate Regulatory Authority (H-Rera) has stopped the sale and purchase of units in two projects after the developers of the project failed to register them with the authority.
H-RERA chief K K Khandelwal said, “The H-Rera registration and the licence, as on date, of the Neo Square commercial project stand expired. The promoter has already been granted seven opportunities and still failed to rectify the deficiencies, including the renewal of licence. A show-cause notice has been issued to the promoter as to why the application for grant of extension of registration of the project shall not be rejected,”
“Also, a notice informing the public not to indulge in sale and purchase in this project has been issued, as the project’s Rera registration as well as its licence have expired,” he added.
The authority in its report has submitted that, it’s been observed that Zen Residence 1, a group housing project at Sector 70A, the complete negligence on part of promoters has been shown as the one-year period of extension of registration permissible has already expired but a large number of documents are yet to be submitted, Khandelwal said.
“The promoter has been restrained not to indulge in sale of units in the project till permission for registration to remain in force is granted by the Authority” a Rera quorum consisting of the chairman and three members said on Friday.
“Moreover, the promoter of an affordable group housing project, The Meridian in Sector 89, has already been granted more than 10 opportunities and has still failed to rectify the registration deficiencies. Also, the promoters of Centra One project in Sector 61 failed to comply and rectify the deficiencies in 30 days, as nobody was present on behalf of the promoter during a hearing on September 12,” H-Rera said in a statement.
The promoters of both projects have been served show-cause notices, and they must reply with corrective measures within a month, it added. The developers of all four projects couldn’t be reached for comments.
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