Elan Paradise

Hearing adjourned and fixed for 22.02.2021

During personal hearing, the Authority has discussed the project in detail. After detailed scrutiny, it was found that all the deficiencies have been fulfilled by the promoter and the registration fee, processing fee is duly paid by the promoter. The documents which are still pending are copy of environment clearance, fire scheme approval and approved service estimates and plans, however, applications already filed in the concerned department for these approvals. An affidavit was given by the promoter declaring that he will submit these deficit approvals within 3 months. Therefore, the authority has decided to grant provisional registration certificate and direct the promoter to submit these deficit documents within 3 months from the date of grant of registration certificate. Also, the promoter shall submit the bank guarantee of Rs 10,00,000,00/- within seven days from the date of issuance of registration certificate. This bank guarantee shall be forfeited in case the conditions are not fulfilled by the promoter within 3 months of issuance of this registration certificate. The master account (100%) (50200055952382) shall be attached. No amount shall be withdrawn from this account till the submission of deficit documents in the authority. It is the responsibility of the concerned bank to freeze the master account till the conditions are not fulfilled by the promoter and the account will be defreeze as intimated by the authority. In case of failure to submit the approved environment clearance, fire scheme approval and approved service estimates and plans within three months from the date of issuance of registration certificate, then the amount collected from the allottees will be refunded with interest at the prescribed rate within one month thereafter and the registration certificate shall be treated as demand cancelled.Samir Kumar (Member)Vijay Kumar Goyal (Member)Dr. K.K Khandelwal (Chairman)