Elan The Mark

Sh. Sumeet, Engineer Executive cum Planning Coordinator and Ms. Asha, Chartered Accountant briefed about the facts of the case. Sh. Arvinder Dhingra (AS) and Ms. Priyanka Aggarwal (Advocate) are present on behalf of the promoter. The matter is deferred to 06.03.2023.

Sh. Sumeet, Engineering Officer cum Planning Coordinator and Ms. Asha, Chartered Accountant briefed about the facts of the case. Sh. Arvinder Dhingra [AS) and Ms. Priyanka Aggarwal are present on behalf of the promoter. The applicant promoter has submitted a representation dated 20.02.2023 regarding late fee along with a copy of the letter issued by interim RERA bearing Memo No. HREM/RD/20L7/35/L049, dated 75.09.2077wherein it has been clarified to the NAREDCO Haryana that promoter may register his Iicensed (unlaunched) projects anytime in future before he intends to advertise, market, book, sell or offer for sale, or invite persons to purchase in any manner any plot, apartment or building as the case may, in any real estate project or part of it, in the planning area. The copy of the above clarification is uploaded and available on official website of T&CP; Department, Haryana. The Authority in such cases sought a clarification from AG, Haryana regarding applicability of late fee. In another such case of M/s DLF Home Developers Ltd. wherein the license has been obtained before 15.09.2017and the building plans have been approved later on, the AG Haryana has already opined that the late fee or penalty is not leviable not only for the project of DLF but the same is advised to be true for a project for which license was taken before 01.05.2017, but no further preparation was done to develop a real estate project. Such a project would not be covered within the ambit of ongoing. In view of the above the Authority decided to grant registration to the project subject to submission of an affidavit from the promoter to the effect that in case any future liability arises on account of late fee, the same shall be deposited on demand without demur. The building plans of the project have been approved on 06.02.2023 wherein Directorate has granted approval to licensee in collaboration with Elan Avenue Ltd (formerly known as Airmid Developers Ltd). In view of this, the change of name of company has already been allowed by DTCP at the time of approving building plans. Accordingly, the promoter is directed to submit the formal letter issued by DTCP for change of name of the company within two months. Further the promoter shall submit the revised affidavit to the effect that the promoter has not done any advertisement, marketing, booking, selling or offer for selling or invited any person to purchase in any manner, any unit in this project prior to getting the project registered in the Authority.