Haryana’s real estate regulatory authority in Gurugram has refused an application by Godrej Developers & Properties for an extension of registration, citing non-compliance with RERA norms.
Despite multiple reminders, the promoter, Godrej Developers & Properties LLP, failed to rectify deficiencies in the application. Discrepancies between the project’s quarterly progress report (QPR) and the details in the CA certificate, as well as issues with license renewal and bank balance, were noted by Haryana RERA.
The project in question, Godrej Air Phase 4 in Sector 85, Gurugram, is a group housing development.
The promoter received RERA registration in December 2018, valid until June 2023, with the obligation to complete the housing project by then.
Although the firm applied for an extension under Section 6 of the RERA Act, the application was marred by deficiencies highlighted by the Authority.
Despite ample time granted to rectify these deficiencies, including a final show cause notice in February, the promoter failed to respond, leading to the rejection of the extension application.
The Authority’s order entails freezing the project’s bank account and issuing a compliance letter to the bank. It also warns against creating third-party rights and advises the public against booking properties in the project.
In response, a spokesperson for Godrej Promoters & Developers LLP acknowledged the compliance requirements raised by the Authority. The company has been consistently addressing queries and submitting relevant documents. They intend to make a representation to the authority to reconsider the interim directions outlined in the order.