M3M International Financial Center Including Phase I & II

The authority decided to keep the matter in sine die and should wait for reply of the reference sent to the Director, Town and Country Planning, Govt. of Haryana, Chandigarh for clarification and guidance in the matter.

Proceedings dated 04.05.2022. Sh. Ashish Kush, Planning Executive briefed about the facts of the case. Sh. Abhijeet Singh (Authorized Signatory) and Sh. Manik Sharma (Authorized Signatory) are present on behalf of the promoter. The project is discussed at length. The authority directed the promoter to correct the online DPI as a whole consisting of both phases. Phase 1 - Registered with the RERA vide registration no. 20 of 2018. Phase 2- Applied for the registration after obtaining FAR under TOD Policy. The authority directed the promoter to submit the corrected online DPI within two weeks. The matter to come up on 23.05.2022.Member (Vijay Kumar Goyal)Chairman (Dr. K.K. Khandelwal)

Sh. Ashish Kush, Planning Executive briefed about the facts of the case. Sh. Abhijeet Singh (Authorized Signatory), Sh. Manik Sharma (Authorized Signatory) and Sh. Vineet Maheshwari (Legal Head) are present on behalf of the promoter. The consent of two third allottees for acceptance of variation/ alteration in allotment of commercial unit are required if there is a change in the approved building plan. The promoter now has submitted a reply alongwith requisite consent of two- third allottees alongwith other deficit fees & documents which have been scrutinized in office and as per details on pre-page, out of 112 sold units, only 81 units are unique and the promoter has submitted the consent of 54 allottees out of 81 allottees for acceptance of variation/ alteration in allotment of commercial unit which come out to be two- third of the total and deficit fees and other documents also submitted. In view of above & recommendation on pre-page, the Authority decided to grant the registration certificate for whole project on the condition that the promoter shall submit three binded DPI booklets within 3 days and the promoter is liable to compensate the existing allottees of the project, if there is any delay on part of the promoter and by any allottee claim on account of revisions/ changes otherwise already approved under TOD Policy of Haryana Government notified by T&CP; on 18.02.2015, allowing higher FAR on payment of augmentation charges and higher EDC etc as amended from time to time.Member (Vijay Kumar Goyal)Chairman (Dr. K.K. Khandelwal)