24.74375 Acres DDJAY Residential Plotted Colony

Ar. Neeraj Gautam (Associate Architectural Executive) and Sh. Ashish Dubey (Chartered Accountant) briefed about the facts of the case. Sh. Abhijeet Singh (AR) and Sh. Bharat Vigmal (AR) are present on behalf of the promoter. The public notice for 15 days inviting objections regarding the consent of 2/3rd allottees with respect to the revision in layout plan submitted by the promoter to be issued in at least two prominent newspapers of local circulation (one English and one Hindi). The landowners of the project are directed to be present on the next date of hearing. The matter to come up on 03.06.2024.

Ar. Neeraj Gautam (Associate Architectural Executive) and Ms. Asha (Chartered Accountant) briefed about the facts of the case. Sh. Manik Sharma (AR), Sh. Bharat Vigmal (AR) and Sh. Abhijeet Singh (AR) are present on behalf of the promoter. Ar. Neeraj Gautam (Associate Architectural Executive) and Ms. Asha (Chartered Accountant) briefed about the facts of the case. Sh. Abhijeet Singh (AR) and Sh. Bharat (AR) are present on behalf of the promoter. The AR of the promoter states that they have applied for the supersession of earlier registration certificate no. 05 of 2023 after issuance of revised land schedule of 24.74375 acres in license no. 195 of 2022 by DTCP. The area measuring 0.68125 acres under collaboration in the land falling in the current application is marked frozen by the DTCP for the purpose of sale of plots till the said land is either purchased by M/s Loon Land Development Ltd. Or execution of registered collaboration agreement with the landowners/ land owing company. The promoter submits that the sale deed for the remaining area measuring 24.0625 acres falling under current application has been executed in the favor of the promoter, i.e., M/s Loon Land Development Ltd. Further, the promoter states that the entry in revenue record w.r.t 24.74375 acres has been made and a copy will be submitted to the Authority. The promoter has submitted consent of 444 out of 635 allottees of the project registered vide RC no. 06 of 2023 as independent floors over the already registered plots with regard to change in the layout plan of the project which is more than 2/3rd required. A public notice inviting objection w.r.t the same was published in the Tribune and Dainik Tribune dated 15.05.2024 and no objection has been received in the Authority. Further, the date of completion of project declared under Section 4(2)(l)(C) of the Act of 2016 will remain the same and no sale of plots under the project has been made. Keeping in view the above, the Authority decides to supersede the earlier registration certificate no. 05 of 2023 dated 12.01.2023 subject to the condition that the area measuring 0.68125 acres under collaboration in the land falling in the current application will remain frozen for the purpose of sale of plots till the said land is either purchased by M/s Loon Land Development Ltd. Or execution of registered collaboration agreement with the land owners/ land owing company and correction of the requisite form REP-I and DPI.