Eldeco Fairway Reserve

Sh. Ashish Kush, Planning Executive and Sh. Ashish Dubey, Chartered Accountant briefed about the facts of the case. Sh. Rohit Kishore (CEO), Sh. Sachin Sharma (Legal Head) and Sh. Vaibhav Lalit (AR) are present on behalf of the promoter and states that regarding the complaint filed by M/s Karma Lakeland, a public disclaimer notice regarding issuance of any advertisement has been published and a police complaint against the concerned broker has also been lodged. Further, the affidavit through its director for not making any sale/booking in respect of the units falling under ROW of 66 KV HT line till its shifting by HSIIDC alongwith the original bank undertaking will be submitted in the Authority today. The services to the site are to be provided by HSIIDC as a site forms part of the township project and all external services are to be provided and managed by HSIIDC. The promoter shall submit a DD/BG of Rs. 25 lakhs as a security amount in lieu of submission of Fire Scheme approval within 4 months. The promoter shall submit the mining permission before start of construction. Sh. Sandeep Trehan (AR) is present on behalf of the complainants and states that M/s Karma Lakeland has now no further issue regarding the complaint dated 28.08.24  as a public notice as well as undertaking has been submitted and necessary legal action is being taken against the broker who issued advertisement for sale without any authorization. As proposed, the grant of registration is approved subject to submission of BG/DD of Rs 25 lakhs alongwith rectification of the above mentioned deficiencies. The Registration certificate shall be issued after the submission of above along with necessary corrections in online form A-H and DPI.