Magnum Business District

Proceedings dated: 06.10.2025. Sh. Shashank Sharma, Associate Engineer Executive and Sh. Ashish Dubey, Chartered Accountant briefed about the facts of the case. Mr. Rajeev Poddar (MD), Sh. Inder Chand Prajapat (AR), Sh. Sanjeev Singh (Project Head), Ms. Vandita Gupta( Adv.) are present on behalf of promoter and submits that the minutes of the Environmental Clearance (EC) have been approved and undertakes to obtain and submit the same within a period of three months. The AR also submits that the applications for approval of the Fire Scheme and the Service Plan & Estimates have been submitted to the respective competent departments and undertakes to obtain & submit the same within a period of four months. The security amount of ₹25,00,000/- each, vide DD Nos. 001948, 001949, and 001950 dated 03.10.2025 of HDFC Bank, has been deposited towards the approvals of the EC, Fire Scheme, and Service Plan & Estimates. It is also expressly undertaken that in the event of failure to obtain and submit the aforesaid approvals within the stipulated time frames, the said security amount(s) shall be liable to be forfeited by the Authority. The AR further undertakes to submit the remaining requisite deficiencies within a period of one week in the Authority. The landowners, namely Sh. Rajpal, Sh. Vinod Kumar, Sh. Deepak Chauhan, Sh. Lalit, Sh. Ankit, Smt. Urmila Devi, Sh. Man Singh Chauhan, Sh. Paramveer, Sh. Parasram, and Sh. Prem Raj Singh, are present in person and states that the unit sharing arrangement with the promoter shall be undertaken only upon issuance of the Occupation Certificate by the competent authority and they will submit the affidavit regarding the same. Keeping in view of the aforesaid facts and submissions made by the Authorized Representative of the promoter regarding the non-availability of the aforesaid statutory approvals as on date and in the interest of regulatory compliance, it is decided that the Environmental Clearance shall be submitted within a period of three months, and the approved Fire Scheme along with the approved Service Plan & Estimates shall be submitted within a period of four months from the date of issuance of the Registration Certificate. Further, the mining permission shall be obtained prior to the commencement of excavation activities at the project site. In view of the above, the registration of the said project is approved as proposed subject to rectification of deficiencies mentioned above. The RC shall be issued after submission of remaining deficiencies mentioned above at S. No. 30 listed above.