Estate 360

Sh. Ashish Kush, Planning Executive and Ms. Asha, Chartered Accountant briefed about the facts of the case. Sh. Rishi Raj (Director), Sh. Sanjeev Ailawadi (Head Legal) and Sh. Anirudh Balakrishnan (Dy.GM) are present on behalf of the promoter. The AR of the promoter submitted a detailed representation regarding imposition of late fee stating that no third party rights were created in the project land since inception till date for which affidavit has been submitted. Secondly, no approvals like Environment Clearance, Building plans etc. were granted in respect of the subject land upto June 2024, enabling the promoter to commence construction of the project. Therefore the provision of section 3 of the Act of 2016 are not attracted and late fee may not be imposed. Public notice of one week may be issued in two prominent newspapers (one Hindi and one English regarding creation of third party rights. The applicant promoter shall submit affidavit of the Director of the company duly supported by the board resolution of the company. Further, the applicant promoter shall submit the documents regarding availability of road access. Approved in principle subject to the compliances of the deficiencies as pointed out above. The matter to come up on 12.08.2024.

Sh. Ashish Kush, Planning Executive and Ms. Asha, Chartered Accountant briefed about the facts of the case. Sh. Rishi Raj (Director), Sh. Sanjeev Ailawadi (Head Legal) and Sh. Anirudh Balakrishnan (Dy.GM) on behalf of the promoter. The AR of the applicant promoter has given an affidavit that no sale or any kind of development works including approval of building plan was obtained in respect of the license No. 38 of 2013, 97 of 2013 and 167 of 2023. The affidavit shall also be submitted on behalf of earlier licensee company to the same effect failing which late fee shall be leviable. The public notice is also issued on 06.08.2024 and no objection has been received. The promoter has submitted two BG of Rs 25 lakhs each for submission of Fire Scheme approval and Approved service plan and estimates within four months from the grant of registration certificate. The promoter shall submit mining permission before start of construction. Approved as proposed.