Signature Global City 92

Sh. Gajender Bhatti, Planning Executive briefed the facts about the project.Sh. Anurag Srivastava is present on behalf of the promoter.The promoter M/s Signature Infrabuild Pvt Ltd applied for registration certificate of real estate project namely “Signature Global City – 92” for the area admeasuring 10.30 Acres located in villages Mewka, Wazirpur, Sector-92, Gurugram, under section 4 of the Real Estate (Regulation and Development) Act, 2016 vide central receipt no. 10412/19836 dated 11.06.2021 and RPIN-339. The Temp I.D. of REP-I (Part A-H) is RERA-GRG-Proj-860-2021, the application by the promoter was scrutinized and deficiency notice indicating major  deficiencies and observations were conveyed vide notice no. HARERA/GGM/RPIN/339 dated 18.06.2021. The Department of Town and Country Planning, Haryana has granted the license to develop an affordable plotted colony under DDJAY scheme of 2016 for the area admeasuring 10.30 acres vide license no. 12 of 2021 dated 12.03.2021 to M/s S.A. Township Pvt. Ltd., M/s Ramprastha Estate Pvt. Ltd. and M/s Signature Infrabuild Pvt. Ltd, in collaboration with M/s Signature Infrabuild Pvt. Ltd. acting as promoter and collaborator in the case vide collaboration agreement no. G0C2019J3696 dated 03.10.2019 (irrevocable and registered). The project comprises of 191 plots out of which 100 plots are frozen and 91 plots are unfrozen.The approved copy of service plans and estimates needs to be provided. PERT chart indicating the progress of the project is not submitted. CA certificate for the equity infused by the promoter needs to be provided. The promoter has mortgaged the land and receivables from the project and in lieu of the same promoter has to submit the loan sanction letter, disbursement, and repayment schedule. The promoter needs to submit an affidavit keeping in view of section 4(2)(l)(D) mentioning all the three accounts. No reply has been received. On the request of the AR the matter is adjourned to 13.07.2021.  

Ms. Prachi Singh, Planning Executive briefed the facts about the project. Sh. Anurag Srivastava is present on behalf of the promoter. The promoter M/s Signature Infrabuild Pvt Ltd applied for registration  certificate of real estate project namely “Signature Global City – 92” for the area admeasuring 10.30 Acres located in village Mewka, Wazirpur, Sector-92, Gurugram., under section 4 of the Real Estate (Regulation and Development) Act, 2016 vide central receipt no. 10412/19836 dated 11.06.2021 and RPIN-339. The Temp I.D. of REP-I (Part A-H) is RERA-GRG-Proj-860-2021, the application by the promoter was scrutinized and deficiency notice indicating major and minor deficiencies was conveyed vide notice no. HARERA/GGM/RPIN/339 dated 18.06.2021. The Department of Town and Country Planning, Haryana has granted the license to develop an affordable plotted colony under DDJAY scheme of 2016 for the area admeasuring 10.30 acres vide license no. 12 of 2021 dated 12.03.2021 to M/s S.A. Township Pvt. Ltd., M/s Ramprastha Estate Pvt. Ltd. and M/s Signature Infrabuild Pvt. Ltd, in collaboration with M/s Signature Infrabuild Pvt. Ltd. acting as promoter and collaborator in the case vide collaboration agreement no. G0C2019J3696 dated 03.10.2019. The project comprises of 191 plots out of which 100 plots are frozen and 91 plots are unfrozen.   Some of the deficiencies in the project are the approved copy of service plans and estimates needs to be provided, PERT chart indicating the progress of the project is not submitted, CA certificate for the equity infused by the promoter needs to be provided, the promoter has mortgaged the land and receivables form the project and lieu of the same promoter has to submit the loan sanction letter, disbursement and repayment schedule. The promoter needs to submit an affidavit keeping in view of section 4(2)(l)(D) mentioning all the three accounts. As on date the promoter has submitted a reply dated 01.07.2021 for the first deficiency notice, most of the deficiencies have been rectified by the promoter except for the deficiencies mentioned below:-   1.    Online corrections in REP-I (Part A-H) needs to be done. 2.       Corrections in detailed project information needs to be done. 3.       Copy of approved service plans and estimates/sanction letter needs to be provided. 4.       PERT Chart needs to be submitted. 5.       Cost of land needs to be clarified as per the area of the registration i.e 10.3 acre. 6.       Cost of External Development charges needs to be mentioned as per Letter of Intent. 7.       Repayment schedule of the loan needs to be provided. 8.       Loan sanction letter needs to be submitted. 9.       Escrow agreement executed with the bank needs to be provided. 10.   An undertaking from the company that 10% of the total receipt in Separate RERA compliant account has been credited to the Haryana Government treasury  against the EDC dues until it is fully paid.   The promoter is directed to remove the above mentioned deficiencies by the next hearing and fill online DPI and the matter to come up on 27.07.2021.Samir Kumar (Member)Vijay Kumar Goyal (Member)Dr. K.K. Khandelwal (Chairman)

Proceedings dated: 27.07.2021 Mr. Gajender Bhatti, Associate Planning Executive briefed the facts about the project. The promoter M/s Signature Infrabuild Pvt Ltd applied for registration certificate of real estate project namely “Signature Global City – 92” for the area admeasuring 10.30 Acres located in village Mewka, Wazirpur, Sector-92, Gurugram., under section 4 of the Real Estate (Regulation and Development) Act, 2016 vide central receipt no. 10412/19836 dated 11.06.2021 and RPIN-339. The Temp I.D. of REP-I (Part A-H) is RERA-GRG-Proj-860-2021, the application by the promoter was scrutinized and deficiency notice indicating major and minor deficiencies was conveyed vide notice no. HARERA/GGM/RPIN/339 dated 18.06.2021. The Department of Town and Country Planning, Haryana has granted the license to develop an affordable plotted colony under DDJAY scheme of 2016 for the area admeasuring 10.30 acres vide license no. 12 of 2021 dated 12.03.2021 to M/s S.A. Township Pvt. Ltd., M/s Ramprastha Estate Pvt. Ltd. and M/s Signature Infrabuild Pvt. Ltd, in collaboration with M/s Signature Infrabuild Pvt. Ltd. acting as promoter and collaborator in the case vide collaboration agreement no. G0C2019J3696 dated 03.10.2019. The project comprises of 191 plots out of which 100 plots are frozen and 91 plots are unfrozen. Some of the major deficiencies in the project are the approved copy of service plans and estimates needs to be provided, PERT chart indicating the progress of the project is not submitted, CA certificate for the equity infused by the promoter needs to be provided, the promoter has mortgaged the land and receivables form the project and lieu of the same promoter has to submit the loan sanction letter, disbursement and repayment schedule. The promoter needs to submit an affidavit keeping in view of section 4(2)(l)(D) mentioning all the three accounts. As on date the promoter has submitted a reply dated 01.07.2021 for the first deficiency notice. In the last hearing dated 13.07.2021 the promoter was directed to remove the remaining deficiencies, and the matter was fixed for 27.07.2021. The promoter has submitted a reply dated 22.07.2021 the same was scrutinized and deficiency which are still pending on behalf of the promoter are mentioned as under:- 1.       Copy of approved service plans and estimates/sanction letter needs to be provided.  The Authority decided to grant conditional registration certificate for the project with the following conditions mentioned above and directed the promoter to comply within three months  from issuance of the registration certificate. The promoter is advised to submit detailed project information duly binded and also fill up online DPI information at hrera.in/app1/sign_up within 7 days.Samir Kumar (Member)Vijay Kumar Goyal (Member)Dr. K.K. Khandelwal (Chairman)