Signature Global 37D II(1)

Ms. Prachi Singh Planning Executive briefed about the case.Sh. Ajay Kumar (Asstt Manager) is present on behalf of the promoter.An application regarding registration of residential floors projects namely “Signature Global City 37DII (1)situated at Village-Gadoli Kalan, Sector-37D, Gurugram, Haryana being developed by M/s Rose BuildingSolutions Private Limited was submitted on 06.05.2022 under section 4 of Real Estate (Regulation andDevelopment), Act 2016.This application for registration is a part of the affordable residential plotted colony under DDJAY whichfalls under license no. 111 of 2021 for area admeasuring 5.62 acres dated 17.12.2021 valid up to16.12.2026 being issued in favour of Lalwani Brothers Buildcon LLP in collaboration with M/s RoseBuildings Solutions Pvt. Ltd. which got registered by the authority vide RC no. 20 of 2022 dated 17.12.2021valid upto 28.02.2023.The project comprises of 84 plots out of which 44 plots are frozen and 40 plots are unfrozen. Now, thepromoter has submitted the application regarding 44 frozen plots on which total of 176 units and 1commercial tower having 60 shops are to be constructed.On scrutiny of the application, some of the deficiencies and observations were observed which wereconveyed to the promoter vide notice no. HARERA/GGM/RPIN/460 dated 19.05.2022. The promoter hassubmitted the reply dated 19.05.2022 which was scrutinized and still the following documents are pendingwhich are mentioned below: -1. The annexures in the online are not uploaded as well as the correction needs to be done in the online(A-H).2. Corrections in Detailed Project Information needs to be done.3. Copy of approved building plans of residential plots need to be submitted.4. PERT Chart is not submitted.5. Copy of approved environment clearance need to be provided.6. Copy of approved service plans and estimates need to be provided.7. Copy of non-encumbrance certificate certified by tehsildar of the Revenue department need to beprovided.8. Payment receipt need to be provided.9. The legal documents i.e., application form and conveyance deed need to be provided.10. The Legal documents i.e., Builder buyer agreement and allotment letter related to allottees is not in theproper format. The same needs to be revised.Observations-11. Cost of land for the area applied for registration needs to be clarified. An annexure in support of thesame needs to be submitted.12. Details of any other cost as mentioned in miscellaneous cost needs to be provided.13. Cost of IDW needs to be eliminated from the cost of project.14. Financial documents need to be attached in the online DPI.15. Bank undertaking needs to be revised.16. Loan sanction letter for loan of Rs. 60 crore needs to be submitted.17. Form CHG-I filled with ministry of corporate affairs needs to be submitted.18. Financial resources of the project need to be corrected.19. Promoter affidavit keeping in view of section 4(2)(I)(D) needs to be revised.20. Certificate for promoter equity needs to be submitted. The promoter is directed to submit the deficit documents before the next date of hearing. The matter to come up on 30.05.2022 for confirmation of compliances.

Ms. Prachi Singh Planning Executive briefed about the case. Sh. Ajay Kumar (Asstt Manager) and Sh. Anurag Srivastava are present on behalf of the promoter. Apart from rectification of the above deficiencies the promoter is advised to submit a certificate from the concerned branch regarding submission of the annual audit report of project accounts in respect of projects registered till 31.03.2021 and QPRs of the projects of the promoter till last quarter is to be submitted.  The matter to come up on 06.06.2022.

Coram is incomplete. The matter is adjourned to 27.06.2022