Vatika India Next 2

Ms. Deepika, Planning Executive and Mrs. Asha, Chartered Accountant briefed about the facts of the project. No reply has been submitted by the promoter company against the deficiencies conveyed by the authority through deficiency notice dated 04.01.2024. Therefore, in view of the same the matter is adjourned, and the next date of hearing will be conveyed after submission of reply of deficiencies already conveyed. Further, if no response is received from the promoter within next 4 weeks’ time, in that case the concerned official to put up the matter on file for issuance of show cause notice as to why their application for registration of project may not be rejected following the due procedure under the Act of 2016.

Ms. Deepika, Planning Executive and Mrs. Asha, Chartered Accountant briefed about the facts of the project. Sh. Virender Dhar, Sh. Jitendra Kumar and Sh. Rahul Johari are present on behalf of the promoter. The AR of the promoter seeks two months’ time for the submission of the pending approval, 2/3rd consent of the allottees, zoning plan and other requisite documents. The matter to come up on 15.04.2024. 

Ar. Neeraj Gautam, Associate Architectural Executive and Sh. Ashish Dubey, Chartered Accountant briefed about the facts of the project. Sh. Virender Dhar (AR), Sh. Jitendra Kumar (AR) and Sh. Rahul Johari (AR) are present on behalf of the promoter. The AR of the promoter requested for one week time to rectify deficiencies. The matter to come up on 01.07.2024.

Ar. Neeraj Gautam, Associate Architectural Executive and Sh. Ashish Dubey, Chartered Accountant briefed about the facts of the project. S/Shri Virender Dhar, Jitender Kumar and Rahul Johari appeared on behalf of the promoter. The matter regarding non-registration of the project under the suo- motu case no. RERA-GRG-4053-2023 has been merged with the project registration case vide proceeding dated 05.06.2024. Keeping in view the above, the registration of the project is approved as proposed subject to the submission of penalty amounting to Rs. 5 crores on account of violation of section 3(1) of the Act of 2016. Further, the promoter shall not sell any units falling under the HT lines passing through the project already frozen by DTCP till the powerlines are shifted. The registration is granted without prejudice to the right of allotees under Section 14 of Act of 2016. The registration certificate shall be issued after the submission of penalty of Rs. 5 crores and corrected copies of form REP-I and DPI.