AIPL Joy Gallery

The matter was adjourned and fixed for 23.02.2026.

The matter was adjourned and to come up on 02.03.2026

Ms. Deepika, Planning Executive and Sh. Ashish Dubey, Chartered Accountant briefed about the facts of the case. Ms. Julie Jha (AR) & Sh. Vijay Singh (AR) are present on behalf of promoter.   The Authorized Representative (AR) of the promoter submits that an application dated 16.01.2026 has been filed before the Authority seeking amendment of the existing Registration Certificate No. 20 of 2020 dated 17.08.2020, which was extended for a period of one year under Section 6 of the Act, 2016. Accordingly, the validity of the Registration Certificate is up to 12.05.2026 as on date. The AR further submits that the revised building plans of the said project were approved by the competent authority on 15.01.2026. As per the revised approval, the number of floors has been increased from G+26 to G+34, and the number of dwelling units has been increased from 401 to 449. The sanctioned FAR has also increased from 61,965.02 sq. m. to 74,859.616 sq. m.   Further, the AR of the promoter stated that at the time of project registration, the declared timeline for completion of the project under Section 4(2)(l)(C) of the Act, 2016 was 13.05.2025, which was subsequently extended under Section 6 of the Act, 2016 up to 12.05.2026. The AR of the promoter also submitted that, at present the Revised Fire Scheme Approval and the Approved Revised Service Plans & Estimates are presently under process and have not yet been obtained as on date. The AR undertakes to obtain and submit:   i. Revised Fire Scheme Approval and Approved Revised Service Plans & Estimates within four months from the date of grant of amendment of registration.   Further, she undertakes to submit two Demand Drafts/Bank Guarantees amounting to Rs. 25 lakhs each as security deposits for timely compliance with the requirement mentioned at point (i). It is expressly undertaken that in the event of failure to obtain and submit the aforesaid approvals within the stipulated timeframe, the said security amounts shall be liable to be forfeited by the Authority.   The Authority has taken note of the submissions made by the AR of the promoter regarding the non-availability of the aforesaid statutory approvals as on date. In view of the above, and in the interest of regulatory compliance, the Authority hereby directs the promoter to submit two separate Demand Drafts/Bank Guarantees, each amounting to Rs. 25,00,000/- (Rupees Twenty-Five Lakhs only), in favour of the Authority as security amounts for timely submission of the following approval:   a. Revised Fire Scheme Approval and Approved Revised Service Plans & Estimates within four months from the date of grant of amendment of registration.   In the event of non-submission of the above approval within the prescribed timeframe, the corresponding security amount shall stand forfeited by the Authority, and such failure may also attract additional regulatory action as permissible under the Act of 2016 and the rules and regulations made thereunder.   In view of the above, the Authority decides to register only those units which have been duly approved by the competent authority, i.e., DTCP, amounting to 449 units as on date as per the approved revised building plans. The date of completion of the project shall remain 12.05.2026, as already specified while granting extension of registration under Section 6 of the Act ibid.   Approved as proposed, subject to rectification of the deficiencies mentioned above.   The Addendum Certificate shall be issued after submission of the remaining deficiencies mentioned above at Sr. No. 48, including correction in Forms A–H, Online DPI, affidavit regarding the sharing model duly signed by both parties and submission of two DDs/BGs of Rs. 25 lakhs each for submission of the Revised Fire Scheme Approval and Approved Revised Service Plans & Estimates within the timeframe mentioned above.