BEFORE THE MAHARASHTRA
             REAL ESTATE REGULATORY AUTHORITY, MUMBAI

                         Hearing held through hybrid mode.

                        REGULATORY CASE NO. 423 OF 2025

 GUARDIAN LANDMARKS LLP                                 … APPLICANT (PROMOTER)

 GUARDIAN WIND SHIRE PHASE 2                                         …PROJECT NAME

           MAHARERA PROJECT REGISTRATION NO. P52100002080

                                          Order
                                    March 10th, 2026
                 (Date of hearing –21.11.2025 - matter reserved for order)

                    Coram: Manoj Saunik, Chairperson, MahaRERA
                   Advocate Nilesh Borate present through VC.

1.    The applicant herein had registered the project namely “GUARDIAN WIND
      SHIRE PHASE 2” under section 5 of the Real Estate (Regulation and
      Development) Act, 2016 (“Act”) of Real Estate Regulatory Authority (“RERA”)
      bearing MAHARERA Registration No. P52100002080 (hereinafter referred to as
      the “Project”).


2.    On 26.08.2024, an application was made by the applicant for seeking
      deregistration of the project. In this regard the case was heard by this Authority
      on 21.11.2025 wherein the following roznama was recorded:
     1. “Heard the representative of the applicant promoter on deregistration
        application.
     2. Matter reserved for orders.”


3.    Before examining that whether the present application be allowed or not, the
      Authority deems it appropriate to note the following observations:
      A.   At the outset, it is observed that there were two number of complaints filed
           in the captioned project. Complaint nos. CC005000000127127 and
           CC005000000127125 were disposed in view of the withdrawal application

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          dated 23.04.2024 and continued absence of the parties in the hearing of
          these matters before the Authority.
     B.   It is pertinent to note that the captioned project was registered on
          31.07.2017.
     C.   The promoter has not uploaded / filed the declaration of sold and unsold
          inventory even for once as prescribed by MahaRERA to be updated from
          time to time. These details being essential information to adjudicate upon
          this present application is neither updated not filed by the promoter with
          this application. The details manually updated by the promoter on the
          project registration webpage online reflects that there are total 144 units in
          the project out of which 17 are updated as booked.
     D.   The promoter in their undertaking dated 26.08.2024 states that there are 12
          bookings which comes as a contradiction to their previously updated
          details on the project.
     E.   Further declaration and quarterly progress reports are not filed with this
          authority in order to ascertain the actual position of the cost incurred /
          interests of any buyer created in the captioned project.


4.   Upon perusal of the records and the declaration filed by the promoter, it is found
     that the actual position regarding the details of allottees from whom monies have
     been received and bookings have been accepted has not been placed on record
     in a complete and transparent manner. The disclosures made are insufficient and
     do not reflect the full particulars required to assess the factual status of the
     project. The Authority cannot act in ignorance of the material fact as to how
     many allottees have actually invested their monies in the project, the quantum
     of monies received from such allottees, and whether the claims of such allottees
     have been duly settled or continue to subsist. In view of the above observations,
     the Authority deems it appropriate to reject the present application for lack of
     clarity over the essential details of the project. The promoter is directed to update
     all the details and materials on record which provides sufficient clarity with all



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     the supporting documents required to substantiate the same within thirty (30)
     days from the date of this order.


5.   In the interest of ease of business, the promoter is at liberty to approach the
     Authority vide a restoration application for deregistration along with all the
     relevant materials prescribed by the Authority from time to time.


6.   The promoter is directed to deposit a cost of Rs 20,000/- for not updating and
     filing the declaration pertaining to sold / unsold inventories and other
     compliances prescribed to be updated from time to time which was necessary on
     the part of the promoter before filing the captioned application. The cost to be
     deposited with the Authority within 30 days from the date of this order. The
     restoration application shall only be considered once the cost is deposited and
     evidence of the same is filed along with the restoration application.


7.   The captioned application stands disposed with above directions.
                                                                                 Digitally signed
                                                                      MANOJ bySAUNIK
                                                                                MANOJ

                                                                      SAUNIK Date: 2026.03.10
                                                                             17:08:06 +05'30'


                                                                      Manoj Saunik
                                                            Chairperson, MahaRERA




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